1:2 Split + Rs 9.7 Dividend In 2024: Defence PSU Stock Up 8.4% In 1-Day, Crosses Rs 1,000; Buy Or Sell?

Defence PSU giant in the midcap basket, Bharat Dynamics (BDL) surged by more than 8.4% and even crossed Rs 1,000 mark on Monday, November 25, tracking the rally in overall market and defence stocks. BDL is an attractive bet to add in your portfolio. YTD, the company delivered Rs 9.7 dividend per share and stock split of 1:2 ratio so far.

About Us. Headquartered in Hyderabad, Bharat Dynamics Limited (BDL), was incorporated on 16 July, 1970 as a Public Sector Undertaking under the Ministry of Defence, Government of India to be the manufacturing base for guided missile systems and allied equipment for the Indian Armed Forces.