Latest news with #BharatForgeLtd
Economic Times
6 days ago
- Automotive
- Economic Times
Stock Radar: Bharat Forge stock showing signs of bottoming out after over 30% fall from highs; time to buy?
Bharat Forge Ltd, part of the auto component space, bounced back after testing Rs 900 levels but the stock is still down by about 30% from the traders with a high-risk profile can look to buy the stock for a target above Rs 1300 levels in the next few weeks, suggest auto component stock hit a high of Rs 1,826 on June 21, 2024, but it failed to hold the momentum. It closed at Rs 1,270 on June 3, 2025 which translates
Business Standard
27-05-2025
- Business
- Business Standard
Bharat Forge Ltd soars 0.51%, gains for fifth straight session
Bharat Forge Ltd is quoting at Rs 1256.1, up 0.51% on the day as on 12:44 IST on the NSE. The stock is down 19.75% in last one year as compared to a 8.62% gain in NIFTY and a 0.89% gain in the Nifty Auto. Bharat Forge Ltd rose for a fifth straight session today. The stock is quoting at Rs 1256.1, up 0.51% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 24860.4. The Sensex is at 81705.06, down 0.57%. Bharat Forge Ltd has added around 12.44% in last one month. Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 5.59% in last one month and is currently quoting at 23763.15, down 0.68% on the day. The volume in the stock stood at 4.62 lakh shares today, compared to the daily average of 17.36 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1256.9, up 0.59% on the day. Bharat Forge Ltd is down 19.75% in last one year as compared to a 8.62% gain in NIFTY and a 0.89% gain in the Nifty Auto index. The PE of the stock is 41.72 based on TTM earnings ending March 25.
Business Standard
29-04-2025
- Automotive
- Business Standard
Bharat Forge Ltd Surges 2.65%
Bharat Forge Ltd has lost 1.72% over last one month compared to 5.37% gain in BSE Auto index and 3.85% rise in the SENSEX Bharat Forge Ltd gained 2.65% today to trade at Rs 1146.75. The BSE Auto index is up 0.41% to quote at 50264.91. The index is up 5.37 % over last one month. Among the other constituents of the index, Uno Minda Ltd increased 2.39% and Samvardhana Motherson International Ltd added 2.11% on the day. The BSE Auto index went up 0.11 % over last one year compared to the 7.67% surge in benchmark SENSEX. Bharat Forge Ltd has lost 1.72% over last one month compared to 5.37% gain in BSE Auto index and 3.85% rise in the SENSEX. On the BSE, 4629 shares were traded in the counter so far compared with average daily volumes of 60853 shares in the past one month. The stock hit a record high of Rs 1826.2 on 21 Jun 2024. The stock hit a 52-week low of Rs 919.1 on 07 Apr 2025.
Zawya
20-02-2025
- Business
- Zawya
Kalyani Strategic Systems Ltd and AM General sign landmark letter of intent for supply of cannons to the U.S.
Abu Dhabi, UAE: Kalyani Strategic Systems Ltd (KSSL), a 100% subsidiary of Bharat Forge Ltd, India, and AM General, USA, have signed a Letter of Intent (LOI) at IDEX 2025 for the supply of made in India advanced artillery cannons to the United States. This marks the first-ever supply of cannons from an Indian defence manufacturer to the United States, a testament to the strengthening bilateral defence cooperation between the two nations. Building upon its extensive expertise in artillery systems and its prior collaboration with AM General, KSSL continues to establish itself as a key player in the global defence industry. The company had recently entered an agreement with AM General to co-develop a wide range of next-generation artillery solutions, including mounted, towed, and ultra-light gun systems in both 105mm and 155mm calibers. Speaking on the sidelines of the ongoing IDEX in Abu Dhabi, Mr. Baba Kalyani, Chairman & Managing Director, Bharat Forge Ltd. said, 'Supply of made in India critical defence systems to the United States is pathbreaking! We at KSSL are proud to be the first Indian company to supply cannons to U.S. It is a testament to our capabilities and a major advancement in our mission to be a world leading Artillery Solutions provider. This agreement underscores the trust and confidence that global defence leaders, such as AM General, place in our capabilities. It also reinforces our commitment to delivering cutting-edge, battle-proven solutions to meet modern warfare requirements.' AM General, a global leader in military vehicle platforms, has been actively exploring next-generation artillery solutions. The company's prior collaboration with KSSL on artillery platforms has paved the way for this deeper engagement. John Chadbourne, Executive Vice President, AM General, shares, 'This Letter of Intent with KSSL represents an important step in expanding our strategic partnership. Given KSSL's proven artillery capabilities and our shared commitment to technological innovation, we see tremendous potential in bringing advanced artillery solutions to the U.S. defence forces. AM General and Mandus are looking forward to exploring this collaboration with Kalyani Group to ultimately deliver Advance Mobile Artillery Capabilities.' This initiative also comes after India-U.S. bilateral defence meeting, reaffirming the growing strategic partnership between the two nations and their joint efforts in strengthening defence industrial cooperation. It also underscores India's growing defence manufacturing footprint and its emergence as a trusted supplier of advanced weaponry to global markets. About Kalyani Strategic Systems Limited: KSSL (a wholly owned subsidiary of Bharat Forge Limited), a pioneer in the Indian defence industry with a strong research-and-development focus, has developed a number of indigenous weapon platforms, off- road protected mobility solutions and high-technology military products. It is already exporting its in-house designed and developed artillery systems, munitions, and mobility solutions globally. About Bharat Forge Bharat Forge Limited (BFL), a Pune-based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defence and aerospace. BFL has global manufacturing footprint with presence across five countries, with the largest repository of metallurgical knowledge and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation. AM General AM General , manufactures, and supports specialized vehicles for military and commercial customers. With a well-rounded product portfolio, which includes the iconic HUMVEE vehicles, Joint Light Tactical Vehicle A2 (JLTV A2), the next-generation HUMVEE Saber light tactical truck that has enhanced levels of protection, and the revolutionary soft recoil technology for mobile platforms, AM General strives to offer continuous improvement that is mission ready and future driven. Mandus Group LLC is well known industry leaders in Artillery Solutions, Logistic, Support and repair, who holds the IP of highly innovative and unique advanced recoil technology and are leading developer of revolutionary Soft Recoil Based mobile weapon platform. Mandus group Mandus LLc is well known industry leaders in artillery solutions, logistics, support and repair, who holds the IP of highly innovative and unique advanced recoil technology and leading developer of revolutionary soft recoil based weapon systems
