The stock of automotive (auto) components major Bharat Forge has risen 14.6 per cent over the past month. Despite ongoing demand challenges, strong operating performance in the July-September quarter (Q3) of 2025-26 (FY26), a diversified revenue base, and expectations of a gradual recovery have lifted sentiment.
Bharat Forge, the Pune-based automotive component maker, has been one of the top-performing companies in its segment. The company's stock price is up 39.3 per cent since the beginning of the 2023 calendar year, surpassing other leading automotive component makers such as Bosch and Samvardhana Motherson International. The stock also outperformed the benchmark BSE Sensex, which is up 17.3 per cent year to date so far.
The outsourcing story continues to drive the shares of the Bharat Forge.
Consolidated earnings of Bharat Forge in Q3FY23 missed estimates, largely due to higher-than-expected interest burden, although operational numbers (including standalone numbers) were close to consensus. Still, the management guidance was positive and appeared to be based on logic.
Bharat Forge, world's second largest forgings company, will supply products to the US operations of Japanese auto giants Toyota and Honda.
Since its results for the first quarter of the 2023-24 financial year (Q1FY24) earlier this month, the stock of auto component major Bharat Forge is up nearly 15 per cent and hit its all-time high in the process. The recent gains have extended the returns over the last three months to over 34 per cent. After a strong Q1 performance which beat expectations, brokerages had revised their earnings estimates upwards to factor in the improved outlook.
Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.
During the financial year 2025-2026, the defence ministry has signed a total of 182,492 crore capital acquisition contracts, highlighting the government's push to modernise the armed forces and promote indigenous defence production.
Bharat Forge, India's largest auto components maker, said it will cut production as demand from car makers shrink.
Investors should await consistent growth metrics before looking at an investment in the company.
Bharat Forge bore the brunt of profit booking despite posting sterling results, easing from its new 52-week high of Rs 221.65. \n\n\n\n
Bharat Forge on Saturday said the company would be investing over Rs 400 crore (Rs 4 billion) for a greenfield facility in India and set up development centres in foreign locations for product design and development.
India and France have renewed their 10-year defence cooperation agreement and signed a Memorandum of Understanding (MoU) for the joint manufacturing of Hammer missiles in India, marking a significant step in strengthening their strategic partnership.
Bharat Forge Ltd has posted a net profit of Rs 213.60 million for the quarter ended December 31, 2002 (DQ-02) as compared to Rs 63.10 million in the quarter ended December 31, 2001 (DQ-01). \n\n\n\n
The Kalyani Group's flagship company Bharat Forge is planning to make a big foray into the power sector with an investment of up to Rs 50,000 crore (Rs 500 billion) and a targeted generation capacity of up to 10,000 MW, over the next ten years.
Auto component-maker Bharat Forge Ltd on Monday said it will invest around Rs 1,500 crore (Rs 15 billion) over the next three years to focus on its non-automotive business of making components and heavy forgings for energy, marine, defence, aerospace and locomotive sectors.
This is seen as the first concrete opportunity to break HAL's monopoly in combat aircraft manufacturing, potentially opening the door to a private-sector fighter jet producer.
Prime Minister Narendra Modi on Sunday charged the Trinamool Congress government with 'playing with national security by protecting infiltrators' for vote-bank politics, and said ending the ruling party's 'maha jungle raj' was vital to restore law and order, development and investor confidence in the state.
The Bharatiya Janata Party has entered into post-poll alliances with rivals Congress and All India Majlis-e-Ittehadul Muslimeen in some municipal councils in Maharashtra, even as Chief Minister Devendra Fadnavis on Wednesday rejected the tie-ups and warned of action against party leaders involved.
'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'
The Indian Army is equipping its infantry battalions with drone platoons and raising elite commando units as part of a modernization drive to enhance combat capabilities along the northern and western frontiers. The Army is also procuring new carbines and upgrading its arsenal with advanced weaponry.
Sarfaraz fell to Manav Suthar (4-0-23-3) after a whirlwind knock laden with powerful hits down the ground which saw Mumbai stutter as they lost wickets in heaps.
Construction major L&T is gearing up to expand its footprint in the global nuclear supply chain, a senior company official has said, while calling for amendments to key legislations on the domestic front to pave the way for the entry of private players and foreign capital necessary for capacity enhancement.
'A crucial role in bolstering the Indian Army's firepower by enabling precise and long-range strikes.'
Ignored Karun Nair hits 2nd ton to take Karnataka to 319/3 against Kerala in the Ranji Trophy.
Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
The Ambani family, headed by billionaire Mukesh Ambani, possesses a wealth of Rs 28 lakh crore, more than double that of the Adani family at Rs 14.01 lakh crore, a report said on Tuesday. The 300 most valuable Indian families have a wealth of over $1.6 trillion (over Rs 140 lakh crore), or more than 40 per cent of the country's GDP.
The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.
In his address, Jaishankar warned that those who condone nations that sponsor terror will find that it "comes back to bite them".
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances