The company’s net profit, revenue, earnings before interest, tax, depreciation and amortisation (EBITDA), increased while margins contracted in third quarter.
Bharat Dynamics’ board also approved an interim dividend of ₹4.5 per share. The record date for the same is February 9.
Shares of BSE, Angel One and Groww have tanked up to 10% after FM Nirmala Sitharaman has announced an increase in Securities Transaction Tax (STT) on futures.
In her Budget 2026 speech, Sitharaman said the government proposes to offer a tax holiday until 2047 for foreign companies that provide cloud services globally using data centre infrastructure based in India.
The sell-off followed the Budget proposal to hike STT on derivatives, with options STT increased to 0.05% from 0.02% and futures STT raised to 0.15% from 0.1%.
Budget 2026: The Finance Minister has proposed a scheme to establish five regional medical hubs in partnership with the private sector.
Nirmala Sitharaman raised the Safe Harbour threshold to ₹2,000 crore, unified IT service categories, set a 15.5% margin, and introduced automated approvals in Budget 2026.
The Central Government will borrow a record ₹17.2 lakh crore from the market in fiscal year 2026-2027. All constituents of the PSU Bank index are currently trading with losses.
Earlier, the bid submission deadline had been set for December 2025, which was later extended.
Carter Worth looks at the silver/gold ratio.