Stocks to Watch today, June 18: Hindustan Zinc, M&M, EMS, GMR Airports, L&T, and Alembic Pharma are among the stocks that will remain in focus today
AAROK is a MALE class UAV capable of flying between 10,000 and 30,000 feet and remaining airborne for up to 48 hours, aiding surveillance and strike operations
The Nifty index has encountered profit booking during the initial half hour, leading to a decline towards the 24,500 zone; Check strategy, stock picks
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Bharat Forge on Thursday said its profit after tax declined 12 per cent to Rs 345 crore for the fourth quarter ended March 31, 2025. The company had reported a profit after tax (PAT) of Rs 390 crore for the January-March quarter of the last fiscal. Its revenue from operations declined to Rs 2,163 crore for the fourth quarter compared to Rs 2,329 crore in the year-ago period, Bharat Forge said in a regulatory filing. For the year ended March 31, 2025, the company said its PAT stood at Rs 1,322 crore against Rs 1,425 crore in FY24. The company's revenue from operations stood at Rs 8,844 crore compared to Rs 8,969 crore in the 2023-24 fiscal. The company said its board recommended a final dividend of Rs 6 per share of the face value of Rs 2 each for the financial year ended March 31, 2025. Shares of the company on Thursday ended 2.32 per cent down at Rs 1,114 apiece on BSE.
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
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.
The Advanced Towed Artillery Gun System (ATAGS), jointly developed with DRDO, is the most advanced 155/52 mm calibre artillery system
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 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, 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
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
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
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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 .
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 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
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
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 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