BDL secures ₹1,348 cr order, Airtel rating upgraded
Bharat Dynamics secured a ₹1,347.71 cr order from HAL for Helina Launchers, enhancing long-term revenue. Bharti Airtel's credit rating was upgraded to 'BBB+' by S&P, potentially reducing borrowing costs in the telecom sector.
after close1 source ↓written by the desknot a recommendation
- order from Hindustan
- ₹1,347.71 cr
Bharat Dynamics (BDL) has secured a ₹1,347.71 cr order from Hindustan Aeronautics Limited for Helina Launchers and CMDS units, expected to be completed in 24 to 60 months. This long-term revenue opportunity requires effective management of execution and raw material costs to protect margins.
Additionally, Bharti Airtel's credit rating has been upgraded from 'BBB' to 'BBB+' by S&P Global Ratings, reflecting its strong market position and consistent earnings growth. This upgrade may lower future borrowing costs in the capital-intensive telecom sector.
Not investment advice. For informational purposes only.