Page 2 - Bharat Forge

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

Kalyani Powertrain, Compal partner to make 'X86 platform' servers in India

Kalyani Powertrain, an arm of Bharat Forge, on Thursday said it has entered into a technology licensing agreement with Taiwan's Compal Electronics Inc for manufacturing of 'X86 platform' servers in India. The two parties have signed a Memorandum of Understanding (MoU) to develop server business using locally manufactured solutions in India. Compal will provide Kalyani Powertrain Ltd (KPTL) technological support related to servers, including overseeing local production, assembly, testing activities, and final sales, the company said in a statement. "This association will give a strong impetus to India's manufacturing competitiveness. We are ecstatic and encouraged by the trust they have reposed on the Kalyani group for the proposed association," Bharat Forge Vice Chairman and Joint MD Amit Kalyani said. Compal CEO Tony Bonadero said Kalyani Powertrain's extensive experience in the Indian market will create synergistic effects in the collaboration. "We look forward to this being jus

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

Stocks to Watch, Feb 20, 2025: Religare Ent, Waaree Energies, Bharat Forge

Stocks to Watch, Feb 20, 2025: From Religare to Waaree Energies, here are few stocks that will remain on investors' radar today

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 .

Demand woes lead to valuation downgrades for Bharat Forge's stock

BHFC's Q3FY25 standalone revenue dropped 7 per cent Y-o-Y at Rs 2,100 crore, while operating profit dropped 5.5 per cent (unadjusted) at Rs 610 crore

Bharat Forge, Liebherr collaborate on advanced aerospace manufacturing

Bharat Forge and Liebherr on Thursday announced a collaboration during the Aero India to establish a manufacturing facility to address the global aerospace industry's demand. As part of the strategic partnership, Bharat Forge will set up a state-of-the-art manufacturing facility at its headquarter in Pune in India that is planned to be operational in 2025. The new facility will feature a ring mill that incorporates advanced forging and machining technologies to produce high-precision components including Landing Gear Components, the companies said in a release. The investment led by Bharat Forge Limited underscores the commitment of the company to deliver world-class solutions for Liebherr and its global customer base, it said. "This collaboration with Liebherr is a testament to our shared commitment to innovation and excellence in aerospace manufacturing. Our investments in the ring mill and landing gear machining capabilities highlight our focus on delivering precision-engineered

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.

Apple in talks with Bharat Forge for India-based component manufacturing

Apple is in discussions with Bharat Forge, a Pune-based manufacturer, to include it in its supply chain, marking a strategic push to boost local production and reduce reliance on China

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

Stocks to Watch, Dec 24: Bharat Forge, HG Infra, Adani Ent, Nava, TVS Motor

Stocks to Watch, December 24, 2024: Bharat Forge has approved a $64.50 million (Rs 536.64 crore) capital infusion into its subsidiary, Bharat Forge America Inc.

Kalyani Investment pays Sebi Rs 1.12 cr to settle disclosure violation case

Kalyani Investment Company, one of the promoter group entity of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying Rs 1.12 crore towards the settlement fee. Kalyani Investment Company Ltd (KICL), a listed entity, is part of the over USD 2.5 billion Kalyani Group. The order came after the applicant (Kalyani Investment Company) proposed to settle the instant proceedings initiated against it, without "admitting or denying the facts and conclusions of law", under the Sebi's settlement regulations. "In view of the acceptance of the settlement terms and the receipt of the settlement amount, the adjudication proceedings initiated against the applicant (Kalyani Investment Company) vide show cause notice (SCN) dated March 19, 2024, is disposed of," Sebi's adjudicating officer Amit Kapoor said in the settlement order on Friday. The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against the applicant for th

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

Bharat Forge lowest bidder for Army's Rs 6,000 cr towed guns contract

Bharat Forge is the lowest bidder for a Rs 6,000 crore contract to supply Advanced Towed Artillery Gun Systems to the Indian Army, receiving 60 per cent of the order