31 Dec 2025

Bharat Forge Shares Rise 1.7% as Company Secures RS 1,661.9 Crore Defence Contract

Bharat Forge was trading at RS 1,479.70 on the BSE, up by 24.80 points or 1.70% from its previous close of RS 1,454.90.

The stock opened at RS 1,490.00 and moved between a high of RS 1,491.95 and a low of RS 1,471.00 during the session. A total of 12,602 shares were traded so far.

The BSE Group ‘A’ stock, with a face value of RS 2, touched its 52-week high of RS 1,491.95 on 31 December 2025, while the 52-week low of RS 919.10 was recorded on 7 April 2025. Over the past week, the stock’s high and low stood at RS 1,491.95 and RS 1,437.60 respectively. The company’s current market capitalisation is RS 69,557.12 crore.

Promoters hold a 44.07% stake in the company, while institutional investors own 45.87% and non-institutional investors hold 10.05%.

In a major development, Bharat Forge (BFL) has secured a contract worth RS 1,661.9 crore from the Indian Ministry of Defence for the supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The order is scheduled to be executed over a period of five years. The CQB Carbine is an indigenously designed, developed and manufactured firearm, jointly developed by ARDE (DRDO) and Bharat Forge, Pune, under the IDDM category.

Aligned with the Atmanirbhar Bharat initiative, Bharat Forge and its wholly owned defence subsidiary, Kalyani Strategic Systems (KSSL), continue to focus on supplying advanced ‘Made in India’ defence equipment to the Indian Armed Forces.

Bharat Forge is primarily engaged in the manufacturing of close-die and open-die forgings, including crankshafts, front axle beams, steering knuckles, connecting rods, rocker arms, and several other automotive and industrial components.