Bharat Dynamics Wins ₹1,307 Crore Navy Order; Shares Rise 0.13%

Mumbai, October 15: Shares of Bharat Dynamics Ltd (BDL) were trading 0.13% higher at ₹1,130.50 on Thursday after the defence public sector undertaking signed a ₹1,307 crore contract with the Indian Navy for the supply of heavyweight torpedoes.

Bharat Dynamics Secures Heavyweight Torpedo Contract

Bharat Dynamics signed the contract on October 15, 2026, for supplying heavyweight torpedoes to the Indian Navy. The order is valued at approximately ₹1,307 crore, plus applicable taxes, and is scheduled to be completed within 42 months.

According to the company’s exchange filing, the contract is domestic in nature. The filing also stated that the order does not involve any interest from the promoter or promoter group and does not fall under related-party transactions.

The contract adds to Bharat Dynamics’ order activity in the defence sector, with execution expected to continue over the next 42 months.

Stock Market Snapshot

The Bharat Dynamics share price was trading 0.13% higher at ₹1,130.50 on Thursday, October 15, 2026, compared with the previous close of ₹1,129.00. The stock opened at ₹1,121.00.

The Indian Navy order provides Bharat Dynamics with a contract worth approximately ₹1,307 crore before taxes. The impact on revenue will depend on the execution schedule and completion of deliveries over the contract period.

About Bharat Dynamics

Bharat Dynamics Ltd is a government-owned defence company under the Ministry of Defence. It manufactures guided missiles, underwater weapons and other defence equipment for India’s armed forces.

Conclusion

Bharat Dynamics has signed a ₹1,307 crore contract with the Indian Navy for heavyweight torpedoes, with completion planned within 42 months. Investors will track execution of the order and its contribution to the company’s business over the coming quarters.

Source:

• https://www.nseindia.com/get-quote/equity/BDL/Bharat-Dynamics-Limited
• https://nsearchives.nseindia.com/corporate/BDL_15102026145544_Covorder15102026.pdf