Motilal Oswal Osuna financial services began to cover this PSU defense with a ‘neutral’ rating, which assigns a target value of 4 percent from the current level. The broker worn expensive values as the factor causes its careful stance, even as it recognizes strong bases of the company.
The Bharat Dynamics Ltd stocks, which has been wounded in recent months, today trading near Rs 1,940 in BSE. Motilal Oswal explained that the recent rally left the small room because of the opposite term. “We want BDL’s business model and the view offered to the book order and push indigenization. However, participating in the new notes.
Initial views
BDL’s financial view remained strong. The broker estimates a 35 percent of CAGR income and a 51 percent of Pat CAGR between FY25 and FY28. However, it emphasizes that BDL is currently conducting 70x fy26 earnings, which believe these prices to the nearest positive.
The target value of RS 1,900 is based on 42x stated EPS on September 2027. These strong order books should wait for a correction.
Order Book
The BDL order book stands on a healthy Rs 22,700 crore, led by profile projects such as Akash, Astrina Missile Systems. Exports pass through Rs 1,200 crore of FY25 from Rs 160 crore last year, backed by approved nine countries.
Motilal Oswal also saw strong potential in future orders such as quick reactionan-to-air missile (QRSAM), Esra MK1
Margins to remain strong
Broker expects BDL Ebits Dingada to stay 24-26 per cent range, supported by back involvement and 80-90 percent missile platforms. DRDO collaborations and driviverificification of future technologies such as drone papers and missile searchers have been seen long-term growth drivers.
The Defector Defector Sector in Play
Tackle from further expenditures of defense, around the world and in the room, is likely to maintain investor interest. India approval of the Council’s approval worth Rs 1 lakh crore, with 5 percent of the Chinese defense, which signs multi-year growth companies such as BDL.
Risks of view
Despite the strong assertion of growth, motilal risks Potential delays in killing,, Recribitization of government defense budgetsand World’s Fire Fire.
