Synopsis:

Bharat Forge jumped sharply after reports emerged of a Rs 2,700 crore contract signed by the Indian Army for the purchase of 4.25 lakh carbines, out of which the company will be supplying 2.5 lakh, and the rest will be supplied by Adani’s defense arm, PLR Systems.

The shares of this leading manufacturer and seller of forged and machined Compounds for the automotive and industrial sectors are in focus after reports emerged of a potential order win by the company. In this article, we will dive more into the details.

With a market capitalization of Rs 62,247 crore, the shares of Bharat Forge Ltd made a day high of Rs 1304.90 per share, up by 5 percent from its previous day’s closing price of Rs 1243.60 per share. Over the past five years, the stock has delivered a robust retu

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