- Share.Market
- 3 min read
- Published at : 13 May 2025 01:09 PM
- Modified at : 13 May 2025 03:30 PM
BDL (CMP: ₹1,731 | Stop Loss: ₹1,600) surged nearly 10% in today’s trade, supported by a spike in volume and strong price action. The stock is now trading comfortably above its 10-day and 21-day moving averages, reinforcing its bullish trajectory.
Analysts view the current momentum as a signal of continued investor interest, and the favorable technical setup could point to further upside in the sessions ahead. Traders are advised to keep a stop loss at ₹1,600.
BDL is recognized globally for its advanced capabilities in manufacturing and supplying guided missiles, underwater weapons, airborne products, and other strategic defense equipment for the Indian Armed Forces. The company’s position in the defense ecosystem continues to strengthen as demand for indigenous defense solutions grows.
Zen Technologies (CMP: ₹1,550 | Stop Loss: ₹1,400) also posted a 5% gain today. Technical indicators such as the MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index) are pointing to sustained bullish momentum, making it a stock to watch in the short term.
Zen Technologies specializes in the design and development of training simulators, anti-drone systems, and integrated solutions for armed forces, paramilitary units, police, and government agencies. The company’s strategic product lineup aligns well with growing security needs and defense modernization.
Both stocks reflect heightened investor confidence in India’s defense manufacturing space, driven by rising geopolitical tensions, government procurement programs, and a broader push toward self-reliance in defense.
Note: Charts and prices are as of 1 PM.
Disclaimer
Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.
Kindly refer to https://share.market/ for more details.
PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887 and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226.
Registration granted by SEBI, enlistment as Research Analyst and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors
Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.
CIN: U65990KA2021PTC146954.
