﻿{"id":12204,"date":"2026-11-13T17:47:27","date_gmt":"2026-11-13T12:17:27","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-11-13\/"},"modified":"2026-11-13T17:47:30","modified_gmt":"2026-11-13T12:17:30","slug":"bdl-share-price-today-2026-11-13","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-11-13\/","title":{"rendered":"Bharat Dynamics Share Price Today: Why BDL Is Falling 2.38% | 13 November 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-button { display:inline-block; background:#10233f; color:#fff !important; padding:10px 17px; border-radius:7px; text-decoration:none !important; font-size:15px; font-weight:800; line-height:1.5; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-dark .wt-cta-button { background:#ffe36e; color:#10233f !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-faq h3 { color:#173b58 !important; font-size:17px !important; line-height:1.45; margin:18px 0 6px !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) > p:last-child { font-size:13px; line-height:1.55; color:#606b78; border-top:1px solid #e1e7ef; padding-top:13px; margin-top:16px; }\n@media (max-width:960px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(3,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:1.7fr 1fr 1.2fr 1.2fr; gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: BDL<\/strong> \u00b7 13 November 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b91,030.00<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>-2.38%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b91,059.35 \/ \u20b91,023.50<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b91,055.10<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>20.21 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>13 November 2026 \u00b7 03:30 PM IST<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>Bharat Dynamics Limited (BDL) fell 2.38% today, closing at \u20b91,030.00 after moving between an intraday high of \u20b91,059.35 and a low of \u20b91,023.50.<\/li>\n<li>Bharat Dynamics Limited submitted its standalone unaudited financial results for the quarter and half year ended September 30, 2026, reporting quarterly revenue from operations of \u20b91,64,415.89 lakh. Net profit for the quarter stood at \u20b918,348.31 lakh, with basic EPS reported at \u20b95.01. The results were reviewed by the audit committee and approved by the board on November 12, 2026.<\/li>\n<li>Trading volume was 1.59 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Why is Bharat Dynamics share price falling on 13 November 2026?<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Bharat Dynamics Limited (BDL) fell 2.38% today, closing at \u20b91,030.00 after moving between an intraday high of \u20b91,059.35 and a low of \u20b91,023.50.<\/p>\n<p class=\"wt-copy\">The broader market also experienced downward pressure, with the Nifty declining 0.61%.<\/p>\n<p class=\"wt-copy\">While no single immediate catalyst was announced for today&#x27;s session, the company recently submitted its financial results for the period ended September 30, 2026, reporting revenue from operations of \u20b91,64,415.89 lakh and a net profit of \u20b918,348.31 lakh for the quarter. These fundamental disclosures provide ongoing backdrop context for institutional review alongside its order book execution timelines.<\/p>\n<p class=\"wt-copy\">20.21 lakh shares traded by 13 November 2026 \u00b7 03:30 PM IST. This compares with a 20-day average daily volume of 12.72 lakh shares (1.59 times). The five-day average daily volume was 22.85 lakh shares. Separately, the NSE report for 13 November 2026 showed 6.42 lakh shares delivered, representing 31.77% of that day\u2019s traded volume. The same report recorded 56,818 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>profit-taking and technical weakness amid broader market decline<\/strong><\/p>\n<p class=\"wt-copy\">With no direct same-day catalyst linking to today&#x27;s price action, the 2.38% decline appears consistent with recent weakness and broader market downward pressure. Trading activity showed higher-than-average volume relative to the 20-day norm, pointing toward ongoing technical adjustments.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">September 2026 Financial Results<\/div>\n<div class=\"wt-card-date\">12 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Bharat Dynamics Limited submitted its standalone unaudited financial results for the quarter and half year ended September 30, 2026, reporting quarterly revenue from operations of \u20b91,64,415.89 lakh. Net profit for the quarter stood at \u20b918,348.31 lakh, with basic EPS reported at \u20b95.01. The results were reviewed by the audit committee and approved by the board on November 12, 2026.<\/p>\n<p class=\"wt-copy\">Financial performance figures offer baseline visibility into the company&#x27;s operational execution, manufacturing revenues, and profitability margins.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_12112026135334_BDLQ2Sep2026SEFin.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Contract for Heavyweight Torpedoes<\/div>\n<div class=\"wt-card-date\">15 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">The company signed a contract with the Indian Navy on October 15, 2026, for the supply of Heavyweight Torpedoes valued at approximately \u20b91,307 crore plus taxes. The domestic order is scheduled to be completed within 42 months from the date of agreement.<\/p>\n<p class=\"wt-copy\">Large domestic defence contracts enhance revenue visibility and support long-term manufacturing capacity utilization.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_15102026145544_Covorder15102026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Government Nominee Director Appointment<\/div>\n<div class=\"wt-card-date\">16 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Bharat Dynamics confirmed the DIN allotment and effective appointment of Dr. Jagannath Nayak as a Government Nominee Director on the board, effective October 16, 2026. Dr. Nayak brings extensive research and development expertise from his tenure with DRDO.<\/p>\n<p class=\"wt-copy\">Board-level appointments shape corporate governance and strategic alignment with national defence manufacturing initiatives.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_16102026165138_Covletter16102026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Outcome of Board Meeting<\/div>\n<div class=\"wt-card-date\">12 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Bharat Dynamics Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_12112026135334_BDLQ2Sep2026SEFin.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Bharat Dynamics shares fall 3% as Q2 margin pressure weighs on earnings &#8211; Business Standard<\/div>\n<div class=\"wt-card-date\">13 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Bharat Dynamics shares fall 3% as Q2 margin pressure weighs on earnings Business Standard<\/p>\n<\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">74.93%<\/div>\n<div class=\"wt-note\">74.93% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">1.76%<\/div>\n<div class=\"wt-note\">1.69% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">12.56%<\/div>\n<div class=\"wt-note\">13.22% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1737916_14102026052513_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">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.<\/p>\n<p class=\"wt-copy\">The filing reported 29 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">HDFC MUTUAL FUND &#8211; HDFC DEFENCE FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">57.41 lakh shares \u00b7 1.57%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">MOTILAL OSWAL LARGE AND MIDCAP FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">51.52 lakh shares \u00b7 1.41%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1737916_14102026052513_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Execution progress on the \u20b91,307 crore Indian Navy heavyweight torpedo contract<\/li>\n<li>Delivery volumes and cash market participation relative to the 20-day average volume of 1.59x<\/li>\n<li>Stock behavior near the 52-week low of \u20b9974.00<\/li>\n<li>Updates regarding order book conversion and upcoming defence procurement announcements<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-11-12\/\">Bharat Dynamics Share Price Today: Why BDL Is Falling 4.08% | 12 November 2026 \u2014 12 November 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-11-04\/\">Bharat Dynamics Share Price Today: Rises 10.37% in 3 Trading Sessions | 4 November 2026 \u2014 4 November 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-10-27\/\">Bharat Dynamics Share Price Today: Why BDL Is Falling 2.24% | 27 October 2026 \u2014 27 October 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/bdl\/\">More Bharat Dynamics news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Bharat Dynamics company news?<\/h3>\n<p class=\"wt-copy\">Bharat Dynamics Limited submitted its standalone unaudited financial results for the quarter and half year ended September 30, 2026, reporting quarterly revenue from operations of \u20b91,64,415.89 lakh. Net profit for the quarter stood at \u20b918,348.31 lakh, with basic EPS reported at \u20b95.01. The results were reviewed by the audit committee and approved by the board on November 12, 2026.<\/p>\n<h3>How strong was Bharat Dynamics\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">20.21 lakh shares traded, 1.59 times the 20-day average daily volume. The price and volume data are dated 13 November 2026 \u00b7 03:30 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>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.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@graph\": [{\"@type\": \"WebSite\", \"@id\": \"https:\/\/www.wittytrades.com\/#website\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"name\": \"WittyTrades\", \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"inLanguage\": \"en-IN\"}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#organization\", \"name\": \"WittyTrades\", \"alternateName\": \"Witty Networks\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"telephone\": \"+91-22-48972020\", \"identifier\": [{\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}, {\"@type\": \"PropertyValue\", \"propertyID\": \"BSE Research Analyst Code\", \"value\": \"5430\"}]}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"parentOrganization\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}}, {\"@type\": \"Person\", \"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"worksFor\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}}, {\"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-11-13\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/bdl-share-price-today-2026-11-13\/\"}, \"headline\": \"Bharat Dynamics Share Price Today: Why BDL Is Falling 2.38% | 13 November 2026\", \"description\": \"Bharat Dynamics share price fell 2.38% to \u20b91,030.00 today. See why BDL is falling, volume context, company developments and what to watch next.\", \"datePublished\": \"2026-11-13T17:47:16.685165+05:30\", \"dateModified\": \"2026-11-13T17:47:16.685165+05:30\", \"author\": {\"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\"}, \"reviewedBy\": {\"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\"}, \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"isPartOf\": {\"@id\": \"https:\/\/www.wittytrades.com\/#website\"}, \"about\": {\"@type\": \"Thing\", \"name\": \"Bharat Dynamics\", \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"NSE Symbol\", \"value\": \"BDL\"}}, \"inLanguage\": \"en-IN\", \"isAccessibleForFree\": true, \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/11\/bdl-company-news-2026-11-13.jpg\"]}]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"Outcome of Board Meeting\",\"summary\":\"Bharat Dynamics Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"source\":\"NSE\",\"published\":\"12-Nov-2026 13:54:31\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_12112026135334_BDLQ2Sep2026SEFin.pdf\",\"disclosure_text\":\"]> ]> > RRa a14.e1\\\"8o:ct fflf'rts IIHARAT DVHAMICIS LIMITED BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GOI001353 Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District, Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel:040-2MS614S;Fax:040-234S6110 E-mail: investors@bdl-india.in ; Website: https:\/\/bdl-lndia.ln Ref: BDUCS\/2026\/SE-58 Date: 12\/11\/2025 To, Compliance Department The National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex, Bandra (East) Mumbai- 400051 Serio Code- BDL To, Compliance Department BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai-400001 Scrip Code-541143 Sub: Unaudited Financial Results for the quarter and half year ended 30 September 2026 -Reg 1. Pursuant to Regulations 33 of SEBI (LODR) Regulations, 2015, please find enclosed Unaudited Financial Results for quarter and half year ended 30 September 2026 along with the Limited Review Report. The said results have been considered and recommended by Audit Committee and approved by the Board at its meeting held on 12 November 2026. 2. Arrangements have also been made to publish the extract of the financial results in a national daily (English) and Local daily (Telugu) and (Hindi) newspapers. 3. The Board meeting commenced at 11 :30 AM and concluded at 0.1 \u2022.JOPM. For Bharat Dynamics Limited ryJ\u2022N~ N. Nagaraja Company Secretary SI No. , I ii. 2 3 4 5 6 7 8 9 10 1 1 12 13 14 ~ s I :q ..-f I~ cAi1 ~fl:t e:g (' m\\\" trn~ !llr ~) ll'ITI 11'!11T1\\\".I ~ 'T , 'ft;~ t,,;i;n;-: - 1,01l 04.,!. . BHARAT DYNAMICS LIMITED (J\\\\ Gover\\\"mont or lndlo Entorp rle e) M ln ln try of D efenco K n nchenbagh. ~yder\\u002d\\u002debad - Goo 068. Corporato Offlco: Plot No.38-39, TSFC Bulld lng, Gachlbowll, Fina ncial Distric t, Hydera bad-500032 (GIN L24292TG1970GOI001J5J ) E-mei L bdlcompsecy@bdl -india .ln. Wcbsi1c\u00b7 hl1ps:\/\/bdl\u2022india .in, Ph: 040-23456101 Fa\u2022 040-23456110 Statement of standalone unaudited financia l results for the quarter and half year endod 30th September 2026 Partleulars Quarter ended Half year ended 30.09.26 30.06 .26 30.09.25 30 09.26 30.09.25 (Unaudltodl IUnaudltedl IUnaudltod) I Unaud ited) !Unaudited ) Revenue from operations Sa~slincome from operations 1.64.415.89 56.573.95 1.14.708.10 2.20.989.84 1,37.817 36 Olher operating income 1,997 .69 650.08 (5.30) 2,647.77 1.678.34 Tolel Revenue from operations 1.66,4 13.58 57,224.03 1,14.702.80 2,23,637.6 1 1,39,495 .70 Olher income 16 706,97 ,o 343.86 12 057 .01 27.050.83 20,743 .25 Tola! Income (1\u20222) 1,83,120.55 67 567.89 1 26 759 .81 2,50,688.44 1 80 238.95 EXPENSES fal Cos1 of malenals consumed 39.150.58 18.789.82 78.166 .38 57.940.40 98.819.78 (b) Changes in inven1ories of finished 9oods and woll<-in-progress 94.504 .12 8.950.10 (13.0 46,22) 1.03.454 22 (27.776.24) (c) Employee benefrts expense 12.775 .05 13.637 ,47 16.238.60 26.412.52 29.435 .57 (d) Finance coS1 88.23 63.77 134.89 152.00 204 .51 (e) Depreciation and amonisalion expense 2,111.25 2.024.97 1.911.63 4.136 .22 3.677 77 (f) Olher e\u2022penses 9.875.75 7.538 .71 14.593.08 17.414.46 24.802 .80 Tola! expenses 1 58 504.98 51 004.84 97 998. 36 2 09,509.82 1,29, 16-4.19 ProliV (Loss) before e\u2022ceplional items & lax (3-4) 24.615 .57 16,563.05 28.761 .45 41.178.62 31.074 .76 Exccpbonal items - ProliV (Loss) before ta\u2022 (5+6) 24 .615.5 7 16.563.05 28.761.45 41.178 .62 31.074 .76 Tax expense (!nduding deferred tax). 6.267.26 4.683.94 7.173.08 10,951.20 7.651 .41 Profrt\/(Loss) for lhe period (7 - 8) 18.348.31 11.879 .11 21.588 .37 30.227.42 23.423.35 Other comprehensive income\/ (Loss) (nel of tax) 2.15 (170.62) (597 53) (168.47) (216.05) Total comptehensive income\/ (Loss) for !he period (9+10) 18.350.46 11.708.49 20,990.84 30.056.95 23.207.30 Paid-up equity shari; capi1al (Face value or l 5\/- eachJ 18.328 12 18.328.12 18.328 .12 18.328.12 iS.3281 2 Other equity exduding revaluation reseNes Earnings per share Basic and diluted (f ) (not annualised) 5.01 3.24 5.89 8.25 6.39 See accompanying notes lo 1he financ,a l resulls . Ann@xure II rl I 1111 Year ended 31.03 26 fAudtled) 2.41.535.96 2,643 .22 2,44, 179 18 42 376.95 2,86.556.13 1.99.555.04 [77.305 .65) 53.557 17 338.72 7.592.86 46.035 .97 229,77 4.11 56.782 02 56.782 .02 14.748.26 42.033.76 46.06 42.079.82 18.328 12 4.05. 768.8 1 11.47 Notes: 1.Statement of Assets & Llabilltles as at 30 September 2026 ls given below PARTICULARS As at September 30, 2026 As at March 31, 2026 ASSETS (1) Non-current assets (a) Property , Plant and EQuipment (b) Capital Worl<-in-Progress (c) Investment Property (d) Right of use assets (e) Other Intangible Assets (f) Intangible Assets under development (g) Financial Assets (i) Investments (ii) Loans (iii) Other Financial Assets (h) Deferred Tax Assets (net) (i) Other Non-current Assets TotalNon - CurrentAssets (2) Current Assets (a) Inventories (b) Financial Assets (i) Trade Rece ivables (ii) Cash and Cash Equivalents (iii) Bank balances other than (ii) above (iv) Loans (v) Other Financial Assets (c) Current tax Assets (d) Other Current Assets Total Current Assets Total Assets EQUITY AND LIABILITIES Equity (a) Equity Share Capital (b) Other Equity Total Equity (1) Non-current Liabilities (a) Financial Liabilities (i) Lease liabiliti es (ii) Other Financial Liabilities (b) Provisions (c) Other Non-current Liabilities Total Non-current Liabilities (2) Current Liabilities (a) Financial Liabilities (i) Borrowings (ii) Lease Liabilities (iii) Trade Payables (A) total outstanding dues of micro enterprises and small enterp rises; (B) total outstanding dues of creditors olher lhan micro enterprises and small enlerprlse s (iv) Other financial liabilities (b) Other Current Liabili lies (c) Provisions (d) Current tax Liabilities , net Total Current Liabilities Total Liabilities Total Equity and Liabilities (Unaudited I (Audited) 68,673 .62 22,375.96 0.97 5,758.53 12,537.32 12,460.11 390.60 433.68 11 ,749.82 8,775.95 12,374.43 1,55,530.99 4,68,499.41 61,907.45 94,729.04 4,97,300.00 226.86 77,565.93 15,485.69 2,84,524.95 15,00,239.33 16,55 770.32 18,328.12 4,34,361.51 4,52 ,689.63 768.90 4,515.16 48.86 5,55,682.94 5,61,015 .86 159.84 6,223.90 1,93,073.09 55,065.76 3,50,421.10 37,121.14 6,42,064.83 12 03,080 .69 16 55,770.32 70,048.56 17,410.19 0.97 4,897.15 12,860.93 12,460 .11 390.60 389.37 10,790.32 9,115.63 12,089.02 1,50,452.85 4,62,563 .74 42,287.89 86,331.49 3,84,600.00 203.83 48,005 .81 10,114.39 2,41,589.89 12,75,697.04 14 26,149.89 18,328.12 4,05,768.81 4,24,096.93 4,648 66 46.99 3,62, 775.17 3,67,470.82 31.52 5,169.15 2, 78,309.23 35,866.17 2,75,545 33 39,660.74 6,34,582 .14 10,02,052 .96 14,26 149.89 2. Cash flow statement for the period ended September 30, 2026 Particulars September 30, 2026 September 30, 2025 A. CASH FLOW FROM OPERATING ACTIVITIES Profit before exceptional Items and tax 41,178.62 31,074 .76 Adiustments for \u00b7 Deprecialion and amon,salion expense 4.136.22 3,677.77 Finance costs 152.00 204.51 Interest income (18,309.21) (15,491.95) Loss\/(Profil) on Sale of Property Plant and Equipment 0.16 0.52 Deferred revenue on customer provided Assets - - Provisions for expenses 1,022.84 1,622.63 Liabilities\/ provisions no longer required wrillen back (2,176.12) (1,281.34) Fair value adjustment lo investment carried al fair value through profit and loss (54.32) (57.34) Gain on sale of Financial Assets Measured al Fair value through profit and loss Operating profit betore working capital changes 25,950.19 19,749.56 Changes in working capital: Adjustments for (increase} I decrease in operating Assets: Trade receivables (19,619.56) (36,577.39) Loans (67.34) (56.66) Other Financial Assets (24,675.31) 20,465.21 Inventories (6,567.21) (56,150.98) Other Assets (43,289.98) (48,987.16) Ad1ustmenIs for increase I (decrease) in operating Liabilities: Trade payables (84,181.39) 53,243.35 Other Financial Liabilities 19,066.09 2,678.31 Other liabilities 2,67,909.33 52,906.08 Provisions (2,440.46) 720.80 Cash generated from operations 1,32,084.36 7,991.12 Net income tax paid (15,926.16) (16,018.57) Net cash flow before exceptional items 1,16,158.20 (8.027.45) Exceolional items - - Net cash from\/ used in ooeratin<1 activities (A) 1, 16,158.20 (8,027.45) B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property Planl & Equipmenl and lnlangible Assels (7,286.40) (7,140.27) Bank Deposits (1, 12,700.00) 45,701 00 Proceeds from sale of Property Plant & Equipment and Intangible Assets 0.06 0.21 Reedemplion I (Investments) in Mutual funds during the year Gain on sale of Financial Assets Measured al Fair value through profit and loss - . Interest received 12,393.42 14,682 06 Net cash from\/ used in investina activities !Bl (1,07,592.92) 53,243.00 C. CASH FLOW FROM FINANCING ACTIVITIES Proceeds from issue of equity shares - Finance costs (82.49) (135.01) Repayment of lease liabilities (81.41) (87.88) Buyback of shares - Dividends paid (3.83) (163.91) Net cash from\/ used In financing activities (Cl (167.73) (386.80) Net Increase\/ (decrease) in Cash and Cash Equivalents (A-tB-tC) 8,397.55 44,828.75 Cash and Cash equivalents at the beginning of the year 86,331.49 13,385.68 Cash and Cash equivalents at the end of the year 114,7211.04 58,214.43 (Refer Note (i) below) Note (I): Cash and Cash equivalents Comprises: in current accounts 92,246.57 50,750.63 in deposit accounts 2,443.48 7.431.36 Cash on hand 38.99 32.44 Bank overdraft - 94,729.04 58,214.43 3 These unaudited Financial results have been prepared in accordance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act. 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and amendments thereto . 4 Ministry of Corporate Affairs (MCA) vide G.S.R. No. 463 (E) dated 5th June 2015 as amended vide notification No. 1\/2\/ 2014-CL-V dated 23 February 2018 has exempted the Government companies engaged in defence production from the requirement of Segment Reporting 5 A Final dividend of ~ 0.40 per equity share for the financial year 2025-26 has been approved by the shareholders in the Annual General Meeting held on 28 September 2026. 6 As required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Statutory Auditors have conducted a limited review of the above financial results for the quarter and period ended 30th September 2026 7 The above statement of financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 12 November 2026 8 Inventories include ~ 8327 .07 lakhs (~ 8327.07 lakhs as of 31 March , 2026) which are non-moving for more than 5 years, procured by the company based on firm orders\/LOI that were subsequently short closed by the customer which is backed by advances of ~ 36,234.42 lakhs received against these contracts. Although the company 's accounting policy requires provision for redundancy to be made in respect of inventory not moved for more than 5 years. no provision for redundancy were considered necessary, in view of advances received against these firm orders\/LOI being in excess of the assets acquired including these inventories and expenditures incurred thereon . 9 The Company has invested in Advanced Materials (Defence) Testing Foundation and Electronic Warfare (Defence) Testing Foundation which are not-for-profit companies registered under Section 8 of the Companies Act, 2013. Though these entities are associates, these entities are not considered for preparation of consolidated financial statements as the company does not have rights to variable returns from its involvement, other than equity investment 10 The previous period figures have been regrouped and reclassified wherever necessary to make them comparable with current period figures . Place : Delhi Date : 12 November 2026 For and on behalf of Board of Directors Shailesh Vagerwal Chairman and Managing Director I UMAMAHESWARA RAO & CO., CHARTERED ACCOUNTANTS \\u002d\\u002d\\u002d\\u002d - l'ARTNERS V. V. S, RAVI. BCom. A C.S .\u2022 H\u00b7 .A A RAKI\\\\SII IIIIANI I. H Corn. I' C.A G. SIVARAMAKRISl-lNA l'RASAI), BCom . r C ,, L SHY AMA l'RASAD.13.(\\\\un. F C.A CA A AllrlYAl'AVANKfJMAR . MCorn,1-CA, U KOTl;.SWARA IIAO. II Corn. F (' A R.R. DAKSHINA M\\\\IRTIIY. I\\\\ Com . I' .C A . ll I.S -'I P. t,;.lSHORE. B c,,m .. !'.CA 'n l S.A IND IA S HSY SARMA. fl .Com. H : A 0 II. KRISIINA SAi. ii Corn , I. LIi . I\u00b7 C.A. DIR M fl l(AlllfAK IW,IINA. n s~. I C A N. MllKTF.SWARA RAO. n Com., F.C A.. I) I.S.A S CHANDRASEKHARA SAi KRISHNA. BA. F.CA n IIABI f Sll!K AR, II Cum. H .:. A Independent Auditor's Limited Review Report on the Unaudited Standalone Financial Results of Bharat Dynamics Limited for the quarter nnd half year ended September 30, 2026 of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the \\\"Listing Regulations\\\") To TI1e Board of Directors, Bharat Dynamics Limited Hyderabad 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Result, of Bharat Dynamics Limited (\\\"the Company\\\") for the quarter and half year ended September 30, 2026 and the half\u00ad year statement of assets and liabilities and cash flows (hereinafter referred to as \\\"the Statement\\\"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (\\\"the Listing Regulations\\\")s. 2. This Statement which is the responsibility of the Company's Management, has been reviewed and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 \\\"Interim Financial Reporting\\\" (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013, as amended (\\\"the Act\\\") read with relevant rules issued thereunder and other accounting principles generally accepted in India and ln compliance with Regulation 33 and 52 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 24 l 0, \\\"Review of Interim Financial Information performed by the Independent Auditor of the Entity\\\", issued by the Institute of Chartered Accountants oflndia. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of Interim Financial Information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would bectime aware of all significant matters that might be identified in an audit. Accordingly. we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard (Ind AS) prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulatin ... ~.fr.r.j~!:;g~\u2022 manner in which it is to be disclosed, or that it contains any material misstatement. ':S:-~ .. ~ Elo <f BRANCHES: GUIIITllR HYDERABAD I HVDERAIIAD 2 VISAIOUJ>A TNAM TIRUPATI Gl'DIVADA j>~~ E D. :::, \\\\-Ii . \u2022 \u2022 \u2022 .!!! -$ D.No 29-7-656, .4111 Floo1. 1\/16\u2022 Lane. Bradlpet, Guntuc- 522 002, Tel: 0H63\\u002d\\u002d23559R6, 22413'12, Fax: 2~S4524. t.\u2022ma1I: ucognt@,yahooto.an # 1205A. 11\u2022 Floor, v ... vi MPM Grand. Ameerpet x Road>. Hyderabad- SOO 073. Tel 040-2375l83J, fa., 2J7Sl82l.e\u2022mlliLdak~1inamu11hy@umrcas.com Block 4A, 41h Ftoor. Nirvana Building. Road Number 36, Jubilee Hills, Hyderabad - 500 081. Mobile: +91 74166 92298, e~mail knshn:wi@umreas con1 47-J-36, s\u2022 floor. Tribhuvanam, Ow..-.d<anagor. Visakhapatnam-S)0 016. Tel; 0891-2748236. e-mail . ucovsp@yahooco.in No. 7. 2\\\"\\\" floor. Beside A P. Tourism omce, Sri Devi Comple<, Tilak Rood, Tirupari - ~ I 7 501. \u2022\u2022mail. UCOlply@gmail com Si\\\\'alayam Street, Gourisanlr.arapuram. Gudivada-521 301, Tel : 08674 .. 242144. e-mail\u00b7 babusrikar@yahoo.oom UMAMAHESW ARA RAO & CO., CHARTERED ACCOUNT ANTS PARTNERS V V. S. RAVI, B.Com .. A.CS .. F.CA . (L SIVARAMAKRISHNA PRASAD. 8 .Com. F CA L. SHY AMA PRASAD. 8.Com .. F CA . G4( A RAKESII BII\/\\\\NU. llCom .. FC.A A ADITYA l'AVAN KlJMJ\\\\l< , MCom . F.CA. G KOTESW\/\\\\RA RAO . llCom .. F.C\/\\\\ _ R.R DAKSIIINA MURTHY. tl.Com .. F.C.A. IHSA p_ KISUORF.. 8 Com .. F.CA. DIS.\/\\\\ . N. MlJK TESWARA RAO. B Com .. I' CA. IHSA IN DI A S IISY S\/\\\\RM\/\\\\, II.Com . F CA G. 11. KRISI IN\/\\\\ SAi. B Com .. L.L IL F CA . D.I.R M. II. R\/\\\\DIIAKRISIINA . 0 Sc. FC A S. CHANDRASEKHARA SAi KRISHNA. BA. F.CA G. 11\/\\\\BU SRIKAR. II Com . l' C\/\\\\ s. Emphasis of Matter: We draw attention to Note 8 to the Statement, which states that inventories include ~8,327.07 lakh (31 March 2026: t8,327.07 lakh) that have not moved for more than five years. These were procured by the Company against firm orders\/letters of intent that were subsequently short-closed by the customers. and advances of ~36,234.42 lakh were received against those contracts. The note further states that, although the Company's accounting policy requires a provision for redundancy for inventory not moved for more than five years , the Company has not considered a provision necessary, for the reasons stated in that note. Our conclusion on the Statement is \"},{\"title\":\"Bharat Dynamics shares fall 3% as Q2 margin pressure weighs on earnings - Business Standard\",\"summary\":\"Bharat Dynamics shares fall 3% as Q2 margin pressure weighs on earnings Business Standard\",\"source\":\"Business Standard\",\"published\":\"Fri, 13 Nov 2026 07:12:26 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false},{\"title\":\"Bharat Dynamics shares plunge 3% after defence major\u2019s profit drops 15% to Rs 183 crore in Q2 - Moneycontrol.com\",\"summary\":\"Bharat Dynamics shares plunge 3% after defence major\u2019s profit drops 15% to Rs 183 crore in Q2 Moneycontrol.com\",\"source\":\"Moneycontrol.com\",\"published\":\"Thu, 12 Nov 2026 08:34:52 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false},{\"title\":\"Bharat Dynamics Q2 Results: Margin Narrows Sharply, Profit Slides 15%; Stock Falls Over 6% - NDTV Profit\",\"summary\":\"Bharat Dynamics Q2 Results: Margin Narrows Sharply, Profit Slides 15%; Stock Falls Over 6% NDTV Profit\",\"source\":\"NDTV Profit\",\"published\":\"Thu, 12 Nov 2026 08:39:35 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false},{\"title\":\"Bharat Dynamics shares decline 4%: Q2 Profit falls 15%, revenue jumps 45% - The Financial Express\",\"summary\":\"Bharat Dynamics shares decline 4%: Q2 Profit falls 15%, revenue jumps 45% The Financial Express\",\"source\":\"The Financial Express\",\"published\":\"Thu, 12 Nov 2026 10:07:56 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false}],\"recent_news\":[{\"summary\":\"Bharat Dynamics Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"12-Nov-2026 13:54:31\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_12112026135334_BDLQ2Sep2026SEFin.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"Bagging\/Receiving of orders\/contracts for SAT SAAW.\",\"category\":\"Bagging\/Receiving of orders\/contracts\",\"date\":\"23-Sep-2026 18:11:38\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_23092026181115_Covorder23092026SE.pdf\",\"headline\":\"Order \/ business win\",\"impact\":\"A material order can improve revenue visibility and capacity utilisation. The eventual earnings impact depends on execution timelines and project margins.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Change in Director(s) of the company.\",\"category\":\"Change in Director(s)\",\"date\":\"16-Oct-2026 16:51:52\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_16102026165138_Covletter16102026.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":3},{\"summary\":\"Appointment of Mr Prakash Rajpurohit as Non- Executive Director of the company effective. September 17, 2026.\",\"category\":\"Appointment\",\"date\":\"18-Sep-2026 11:16:05\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BDL_18092026111355_BDL_SE_JS_DIP_Cov-1.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":4}],\"shareholding_snapshot\":{\"promoter_pct\":74.93,\"public_pct\":25.07,\"fii_pct\":1.76,\"dii_pct\":10.8,\"mf_pct\":5.85,\"institutional_pct\":12.56,\"noninst_pct\":12.52,\"mf_scheme_count\":29,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"HDFC MUTUAL FUND - HDFC DEFENCE FUND\",\"shares\":5740912,\"pct\":1.57},{\"name\":\"MOTILAL OSWAL LARGE AND MIDCAP FUND\",\"shares\":5152286,\"pct\":1.41}],\"period\":\"30-SEP-2026\",\"submission_date\":\"14-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1737916_14102026052513_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":74.93,\"previous_fii_pct\":1.69,\"previous_dii_pct\":11.53,\"previous_mf_pct\":6.42,\"previous_institutional_pct\":13.22,\"previous_mf_scheme_count\":27,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null}} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Dynamics share price fell 2.38% to \u20b91,030.00 today. See why BDL is falling, volume context, company developments and what to watch next.<\/p>\n","protected":false},"author":1,"featured_media":12203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Bharat Dynamics Share Price Today: Why BDL Is Falling 2.38% | 13 November 2026","_witty_meta_description":"Bharat Dynamics share price fell 2.38% to \u20b91,030.00 today. 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