The company's subsidiary BF Infrastructure Ventures Ltd has divested its 50% stake in its JV (David Brown Forge Gear Systems India Ltd) to its joint venture partner, David Brown Systems India (Holdings) Ltd for a consideration of Rs 3.09 crore, Bharat Forge said in a release.
The stock opened at Rs 920 and touched a high of Rs 937. At 2:10PM, over 1.8 million shares were traded on both the stock exchanges.
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