Bharat Forge is currently trading at RS. 1076.75, up by 1.40 points or 0.13% from its previous closing of RS. 1075.35 on the BSE.
The stock opened at RS. 1092.80 and recorded a high of RS. 1103.95 and a low of RS. 1068.00. A total of 11,414 shares have been traded so far.
The BSE Group 'A' stock, with a face value of RS. 2, hit a 52-week high of RS. 1826.20 on June 21, 2024, and a 52-week low of RS. 1047.25 on February 13, 2025. The stock's one-week high and low stand at RS. 1105.95 and RS. 1049.35, respectively. The company's current market capitalization is RS. 51,141.14 crore.
In terms of shareholding, promoters hold 44.07%, while institutions and non-institutions own 46.38% and 9.55%, respectively.
Meanwhile, Bharat Forge’s wholly owned subsidiary, Kalyani Strategic Systems (KSSL), has signed a Letter of Intent (LOI) with AM General, USA, at IDEX 2025 for the supply of India-made advanced artillery cannons to the United States. This marks the first-ever export of such weapons from an Indian defence manufacturer to the U.S., highlighting growing bilateral defence cooperation.
The company, leveraging its artillery expertise, recently entered an agreement with AM General to co-develop next-generation artillery solutions, including mounted, towed, and ultra-light gun systems in 105mm and 155mm calibers.
Bharat Forge specializes in manufacturing close die and open die forgings, crankshafts, front axle beams, steering knuckles, connecting rods, rocker arms, and other components.