5 Key Insights for Swing Trading in Bharat Dynamics Ltd (BDL)
Bharat Dynamics Limited (BDL) presents a strong opportunity for a swing trading. As we know, swing trading has the potential for higher returns per trade, and unlike day trading, it does not require constant market monitoring throughout the day, making it ideal for everyone.
About the company
Market Cap – ₹ 59,202 Cr.
Bharat Dynamics Limited (BDL) is a Government of India enterprise specializing in the manufacturing of guided missiles and other defence equipment. The company plays a key role in supplying advanced weaponry to the Indian Armed Forces.
Key Highlights
1. Product Portfolio
BDL manufactures and delivers a wide range of defense products, including:
- Guided Missiles
- Underwater Weapons
- Airborne Defense Systems
- Allied Military Equipment
In addition to manufacturing, BDL provides lifecycle support, refurbishment, and life extension services for vintage missile systems in service with the armed forces.
2. Customer Base (FY24)
- Government of India: 81% (vs 68% in FY22)
- Exports: 7% (vs Nil in FY22)
- Others: 12% (vs 32% in FY22)
BDL has expanded its global footprint by exporting products such as lightweight torpedoes, ATGMs, Akash weapon systems, and countermeasure dispensing systems. The company also plans to establish representative offices abroad to boost its export presence.
3. Order Book & Pipeline
- Order Book (FY24): ₹19,434 Cr (up from ₹10,170 Cr in FY22)
- Export Orders: 12% of total
- Future Pipeline: ~₹20,000 Cr expected over the next 2–3 years
4. Anticipated orders in FY25 include:
- MR-SAM (Medium-Range Surface-to-Air Missiles)
- Invar and Helina ATGMs
- NAG Missiles
- Smart Anti-Airfield Weapons
- Grad Rockets
- Missile Refurbishment Projects
5. Manufacturing Footprint
BDL operates three manufacturing facilities located in:
- Hyderabad
- Bhanur
- Visakhapatnam
Daily Chart
Entry Price : around 1590-1620
SL Price : If price sustain around 1420, Exit.
Target Price : T1- 1940, T2- 2100, Exit when price comes near these labels.
Duration : 6-7 months
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