NSE: BDL · 12 November 2026
BHARAT DYNAMICS LIMITED F&O Intelligence
Data-mining view of cash participation, delivery, futures activity, open interest and recent positioning.
Last 3 Sessions: Cash Activity & Delivery
| Date | Cash Volume | Number of Trades | Shares Traded per Trade | Delivery % | Close / Change |
|---|---|---|---|---|---|
| 09 Nov | 14.38 L shares | 38,157 | 37.7 WittyTrades Proprietary |
28.15% | Rs 1,109.65 (+3.80%) |
| 11 Nov | 16.12 L shares | 42,281 | 38.1 WittyTrades Proprietary |
34.70% | Rs 1,100.00 (-0.87%) |
| 12 Nov | 56.09 L shares | 143,722 | 39.0 WittyTrades Proprietary |
24.48% | Rs 1,055.10 (-4.08%) |
Average number of shares traded per trade was 39.0 in the latest session versus a 38.3 3-session average. The latest average trade size was close to its 3-session baseline rather than showing a clear larger-ticket surge. Latest delivery was 24.5% versus a 3-session average of 29.1%.
Last 3 Sessions: Futures vs Cash Participation
| Date | Near Future / Change | Futures Volume (Shares) | Cash Volume (Shares) | F&O/Cash Participation Ratio | Aggregate Futures OI | Positioning Read |
|---|---|---|---|---|---|---|
| 09 Nov | Rs 1,112.60 (+4.12%) | 19.44 L shares | 14.38 L shares | 1.35x WittyTrades Proprietary |
66.67 L shares (—) | Positioning unavailable |
| 11 Nov | Rs 1,100.80 (-1.06%) | 17.57 L shares | 16.12 L shares | 1.09x WittyTrades Proprietary |
68.06 L shares (+2.08%) | Short buildup |
| 12 Nov | Rs 1,048.60 (-4.74%) | 1.00 Cr shares | 56.09 L shares | 1.79x WittyTrades Proprietary |
83.58 L shares (+22.82%) | Short buildup |
- Whether aggregate futures OI expands or contracts alongside the next price move.
- Whether the WittyTrades F&O/Cash Participation Ratio remains elevated or normalises.
- Whether Shares Traded per Trade moves materially above or below its recent baseline.
- Whether delivery participation holds above or below the recent 3-session average of 29.1%.
Higher Shares Traded per Trade can flag larger-ticket participation, but exchange trade-count data does not identify the buyer or seller category. The F&O/Cash Participation Ratio measures participation intensity and does not by itself distinguish directional trading, hedging or arbitrage.
- Bharat Dynamics Limited (BDL) shares fell 4.08% today, closing at ₹1,055.10 after opening at ₹1,100.60.
- Bharat Dynamics Limited submitted its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company reported quarterly revenue from operations of ₹1,66,413.58 lakhs and a net profit of ₹18,348.31 lakhs. The results were reviewed by the audit committee and approved by the board of directors during their meeting.
- Trading volume was 5.43 times the 20-day average daily volume.
Why is Bharat Dynamics share price falling on 12 November 2026?
Bharat Dynamics Limited (BDL) shares fell 4.08% today, closing at ₹1,055.10 after opening at ₹1,100.60.
The broader market benchmark Nifty edged higher by 0.18%, indicating that BDL underperformed the wider market during the session. Over a broader horizon, the stock has posted a negative return of 1.85% over the past 5 trading days and a decline of 6.29% over the past 20 trading days, reflecting ongoing short-term downward pressure.
While the company recently reported its financial results for the period ended September 30, 2026, disclosing a standalone revenue from operations of ₹1,66,413.58 lakhs and a net profit of ₹18,348.31 lakhs for the quarter, today's sharp price movement appears primarily driven by strong technical selling and profit-taking following recent weakness rather than a single same-day company catalyst.
56.09 lakh shares traded by 12 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 10.32 lakh shares (5.43 times). The five-day average daily volume was 15.56 lakh shares. Separately, the NSE report for 12 November 2026 showed 13.73 lakh shares delivered, representing 24.48% of that day’s traded volume. The same report recorded 143,722 trades.
The decline of 4.08% occurred alongside heavy trading volume exceeding five times the 20-day average. In the absence of a direct same-day negative catalyst, the price action reflects aggressive selling and continuation of the stock's recent 20-day downtrend.
Latest Company Developments
Bharat Dynamics Limited submitted its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company reported quarterly revenue from operations of ₹1,66,413.58 lakhs and a net profit of ₹18,348.31 lakhs. The results were reviewed by the audit committee and approved by the board of directors during their meeting.
Financial performance updates provide essential valuation metrics, allowing market participants to assess revenue growth, profit margins, and overall operational execution against expectations.
The company signed a contract with the Indian Navy on October 15, 2026, for the supply of Heavyweight Torpedoes. The order is valued at approximately ₹1,307 crore plus taxes and is scheduled to be completed within 42 months.
Securing large domestic defence contracts enhances medium-term revenue visibility and reinforces the company's manufacturing pipeline in underwater weapons.
Following approval from the Ministry of Defence, Dr. Jagannath Nayak took office as a Part-Time Official Government Director on the board of Bharat Dynamics Limited effective October 16, 2026. Dr. Nayak brings over 35 years of experience in India's defence research and development ecosystem.
Board-level appointments involving seasoned defence technology experts support strategic governance and institutional continuity for long-term execution.
Bharat Dynamics Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Bharat Dynamics shares plunge 3% after defence major’s profit drops 15% to Rs 183 crore in Q2 Moneycontrol.com
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 5.85% on 30 September 2026. This compares with 6.42% on 30 June 2026, a change of -0.57 percentage points.
The filing reported 29 MF/UTI holders.
What to Watch Next
- Execution progress on the ₹1,307 crore Heavyweight Torpedoes contract awarded by the Indian Navy
- Delivery percentages and cash volume trends relative to the 20-day average volume of 5.43x
- Post-earnings analyst reactions and updates regarding the company's order book backlog
- Stock performance relative to broader midcap and defence sector indices
Other Dated Coverage
- Bharat Dynamics Share Price Today: Rises 10.37% in 3 Trading Sessions | 4 November 2026 — 4 November 2026
- Bharat Dynamics Share Price Today: Why BDL Is Falling 2.24% | 27 October 2026 — 27 October 2026
- Bharat Dynamics Share Price Today: Why BDL Is Falling 3.33% | 23 October 2026 — 23 October 2026
More Bharat Dynamics news and dated analysis →
Frequently Asked Questions
What is the latest Bharat Dynamics company news?
Bharat Dynamics Limited submitted its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company reported quarterly revenue from operations of ₹1,66,413.58 lakhs and a net profit of ₹18,348.31 lakhs. The results were reviewed by the audit committee and approved by the board of directors during their meeting.
How strong was Bharat Dynamics’s trading volume?
56.09 lakh shares traded, 5.43 times the 20-day average daily volume. The price and volume data are dated 12 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
SEBI Registration No.: INH000008172 · BSE Enlistment No.: 5430
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.