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Bharat Dynamics Q3 Results Review - Weak Performance But Outlook Remains Strong: ICICI Direct

Order book at Rs 11906 crore (3.8 times trailing twelve months revenues) gives strong revenue visibility.

<div class="paragraphs"><p>NAG - a third generation mechanized infantry ATGM, with top attack capability to destroy armored vehicle equipped with Explosive Reactive Armour, moving and stationary targets, manufactured by Bharat Dynamics Ltd. (Source: Company website)</p></div>
NAG - a third generation mechanized infantry ATGM, with top attack capability to destroy armored vehicle equipped with Explosive Reactive Armour, moving and stationary targets, manufactured by Bharat Dynamics Ltd. (Source: Company website)
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