Bharat Forge is currently trading at RS. 1166.40, up by 6.80 points or 0.59% from its previous closing of RS. 1159.60 on the BSE.

The stock opened at RS. 1196.95 and recorded a high and low of RS. 1196.95 and RS. 1162.05, respectively. A total of 16,912 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 21-Jun-2024 and a 52-week low of RS. 1001.80 on 28-Feb-2025. Over the last week, the stock’s high and low stood at RS. 1227.95 and RS. 1131.55, respectively. The company's current market capitalization is RS. 56,364.26 crore.

Promoters hold 44.07% of the company's shares, while institutional and non-institutional investors own 46.38% and 9.55%, respectively.

Meanwhile, Bharat Forge’s defence subsidiary, Kalyani Strategic Systems (KSSL), has entered into a joint venture agreement with Spain-based Duma Engineering Group S.L. (DUMA). The new JV company, based in Spain, will focus on developing technology, product platforms, and defence solutions for Indian, European, and select export markets.

Under the agreement, KSSL will hold a 90% stake in the JV, while DUMA will own the remaining 10%, subject to specified conditions.

Bharat Forge is engaged in the manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckles, connecting rods, rocker arms, and various other components.