PSU Bharat Dynamics IPO opens: Here's why you might consider subscribing

The IPO of state-owned Bharat Dynamics (BDL) is now open for
subscription at a price band of Rs 413-428 per share. The government
will dilute its stake in the Hyderabad-based defence contractor by 12
percent, selling 22.45 million equity shares for up to Rs 960.94 crore
in the upper price band.

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