Bharat Forge Ltd News

Auto index up 3%; Samvardhana Motherson, TaMo rally up to 10%; here's why

Media report suggests President Donald Trump is considering possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.

Bharat Forge falls 9% as Morgan Stanley downgrades stock, cuts target price

Bharat Forge's stock fell as much as 8.83 per cent during the day to ₹1,018.5 per share, the biggest intraday loss since June 4, 2024

Bharat Forge, Balkrishna Industries tank upto 6% on Trump's 25% auto tariff

The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.

Bharat Forge rises 3% on inking largest domestic deal with Defence Ministry

The Advanced Towed Artillery Gun System (ATAGS), jointly developed with DRDO, is the most advanced 155/52 mm calibre artillery system

Tata Motors, Motherson Sumi, others slip upto 7.5% on Trump 25% auto tariff

The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically

Bharat Forge up 6% from day's low on ₹6,300 crore defence ministry deal

Bharat Forge stock rose as much as 1.26 per cent during the day to ₹1,199 per share, after the shares initially lost over 4.4 per cent in trade

Bharat Forge arm inks pack with Compal Electronics; shares gain 2%

Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, entered into a technology licensing agreement with Compal Electronics for the manufacturing of X86 platform servers in India

Bharat Forge share up 3% as arm inks deal to supply artillery cannons to US

The uptick came after Kalyani Strategic Systems, a subsidiary of Bharat Forge, and AM General, USA, signed a letter of intent (LOI) for the supply of made-in-India advanced artillery cannons to the US

Bharat Forge unit inks pact with US' AM General to supply artillery cannons

Bharat Forge on Wednesday said its subsidiary has inked a pact with AM General, USA to supply made-in-India advanced artillery cannons. Kalyani Strategic Systems Ltd (KSSL) has signed a Letter of Intent (LOI) at IDEX 2025 in AbuDhabi, the company said in a regulatory filing. This marks the first-ever supply of cannons from an Indian defence manufacturer to the US, a testament to the strengthening bilateral defence cooperation between our two nations, it added. "It is a testament to our capabilities and a major advancement in our mission to be a world leading artillery solutions provider. This agreement underscores the trust and confidence that global defence leaders, such as AM General, place in our capabilities," Bharat Forge Chairman & Managing Director Baba Kalyani said. AM General Executive Vice President John Chadbourne said the Letter of Intent with KSSL represents an important step in expanding the strategic partnership. "Given KSSL's proven artillery capabilities and our .

Bharat Forge hits 52-week low on reporting weak Q3 nos; PAT down 16% YoY

The company reported its Q3 numbers after market hours on Wednesday which showed a 16.38 per cent fall in consolidated profit to Rs 212.78 as compared to Rs 254.45 crore a year ago

Bharat Forge Q3FY25 results: Net profit drops 16.38% to Rs 212.78 cr

Auto components major Bharat Forge Ltd on Wednesday reported a 16.38 per cent decline in consolidated net profit at Rs 212.78 crore in the third quarter ended December 31, 2024, impacted by lower revenue. The company had posted a profit of Rs 254.45 crore in the third quarter last fiscal, Bharat Forge Ltd (BFL) said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 3,475.55 crore as against Rs 3,866.4 crore in the corresponding period last fiscal, it added. Total expenses in the third quarter were lower at Rs 3,165.37 crore as compared to Rs 3,529 crore in the year-ago period, the company said. BFL said its board has declared an interim dividend of Rs 2.5 per equity share of face value of Rs 2 each at the rate of 125 per cent.

Bharat Forge up 2% on infusing $64.5 mn in America unit for debt repayment

The uptick in Bharat Forge share price came after the company announced that it will infuse funds of $64.50 million in its America unit, Bharat Forge America

Defence a key growth driver for auto component major Bharat Forge stock

Domestic revenue grew 12 per cent Y-o-Y. CVs declined 15.5 per cent Y-o-Y while non-autos grew 26 per cent Y-o-Y, primarily led by 67 per cent Y-o-Y growth in defence

Bharat Forge Q2FY25 results: Net profit rises 13% to Rs 243 crore

Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year-on-year to Rs 243 crore for the second quarter ended September 30, 2024. The company had reported a net profit of Rs 215 crore in the July-September quarter of last fiscal. Revenue from operations rose to Rs 3,688 crore as against Rs 3,774 crore in the year-ago period, Bharat Forge said in a regulatory filing. Shares of the company were trading 1.03 per cent up at Rs 1,335.10 apiece on BSE.

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday