Bharat Dynamics Ltd (BDL) witnessed a significant rally in its stock price this week, climbing 18% amid heightened investor interest following the launch of Operation Sindoor by the Indian government.
The upward momentum comes in the wake of India’s airstrikes on May 7 targeting terror camps in Pakistan and Pakistan-occupied Jammu & Kashmir. The operation was a direct response to the April 22 Pahalgam terror attack that claimed 26 lives. The swift military response showcased the operational capabilities and strategic readiness of India’s defence forces, with many experts noting the prominent role of indigenous defence systems.
The stock opened at ₹1,818.00 and closed at ₹1,844.00. During the day, it surged to a new 52-week high of ₹1,938.60 before dipping to a low of ₹1,807.30. This marks a significant rise from its 52-week low of ₹890.00.
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