Bharat Dynamics shares in focus as company signs major agreements in defence sector
The stock is trading below all key moving averages, indicating a bearish trend, while its monthly performance shows a decrease of 9.23%.
Bharat Dynamics shares in focus as company signs major agreements in defence sector
Defence Stock, Bharat Dynamics Ltd., and Global Network Technology Co. Ltd. entered into an MoU to explore the possibility of cooperation for the Short Range Missile Systems, including its related Seeker and Systems Integration.
In addition, the company has also signed an MoU with RAFAEL Advanced Defence Systems Ltd. for Marketing, Sales, Supply, Maintenance, and Life Cycle Support of the Ice Breaker Systems for the Indian Armed Forces & to mutually explore production capabilities in BDL for IB System. The MoU was inked on the sidelines of AeroIndia-2025 in Bengaluru.
Over the last five days, the stock has experienced a sharp decline in performance, falling 3.99% and totaling a 9.74% loss. The stock is trading below all key moving averages, indicating a bearish trend, while its monthly performance shows a decrease of 9.23%.