Stock Watch: Bharat Dynamics Rockets on Akash-NG Nod

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Akash-NG user trials clearance fuels a sharp rally as BDL posts triple-digit revenue growth and revives interest in defence stocks.

By S JHA

Mumbai, December 24, 2025 — Shares of Bharat Dynamics climbed by over three percent on Wednesday. The stock has gained over 12% in the last five days. The momentum in the stock has come amid a key nod by the DRDO for the user trial of the Akash NG missiles manufactured by Bharat Dynamics.

“Shares of Bharat Dynamics jumped nearly 5% to ₹1,496.7 after Defence Research and Development Organisation successfully completed user evaluation trials of the Akash-NG missile system,” said Angel One in a market note shared with clients.

Yet the stock has far away from 52-week peak of over ₹2000. But lately defence stocks are showing signs of strength in the markets.

Eduinvesting in a post on X said: “Bharat Dynamics Ltd Q2FY26 + 111% YoY Revenue Blastoff, 76% PAT Jump, Rs. 2,095 Cr Missile Contract — The PSU That Actually Hits Its Targets.” It added that “Bharat Dynamics Ltd (BDL) is quietly sitting on a ₹57,000 crore arsenal while signing ₹2,095 crore missile deals.”

“In Q2FY26 (Sep 2025), BDL revenue shot up 111% YoY to ₹1,147 crore, and PAT exploded 76% YoY to ₹216 crore. The company’s balance sheet remains cleaner—debt is nearly zero (₹1.24 crore), with ROCE at 19.7% and ROE at 14.4%,” added the analyst.

The market cap of Bharat Dynamics is ₹54324 crores. The face value of the stock is ₹5. On the chat, the stock is showing an uptrend from the December 17 low of ₹1324.30. The stock may face a major technical resistance at ₹1612 per the chart.

(Disclaimer: This article makes no recommendation for buy or sell of shares of any company)