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Bharat Dynamics Rallies After Akash-NG Missile Clears Key DRDO Trials
Bharat Dynamics shares jumped after Akash-NG missiles cleared critical DRDO trials, boosting confidence in indigenous air defence capabilities and future defence order prospects.
Shares of surged nearly 5% after the Ministry of Defence confirmed successful user evaluation trials of the Akash Next Generation air defence missile system. In a statement issued on December 23, the said Akash NG missiles intercepted aerial targets across multiple operational scenarios, including low altitude near-boundary threats and long range high altitude engagements.