Brokerage firm Motilal Oswal has reaffirmed its “buy” recommendation for Bharat Dynamics Ltd. (BDL), raising its price target to ₹2,000, indicating a potential 32% upside following strong quarterly results. The company’s performance benefited from easing supply chain issues and a significant ₹2,000 crore order for Invar anti-tank missiles, with expectations for robust revenue and profit growth at Compounded Annual Growth Rates of 35% and 51% respectively over FY 2025-2028. Choice Broking also supports a “buy” rating with a price target of ₹1,965. This positive outlook reflects the strategic importance of BDL in India’s defense sector as the country enhances its military capabilities amid regional security challenges.