Bharat Forge Surges To Record High On Defence Contracts

Bharat Forge shares have surged to an all‑time high, powered by a ₹425 crore naval contract and a defence order book worth ₹10,961 crore, alongside strong momentum in North American truck demand. The company’s defence revenues are projected to reach ₹2,500–3,500 crore by FY27–28, with margins of 18–22%, reinforcing its role in India’s self‑reliance drive.The ₹425 crore contract signed with
Bharat Forge shares have surged to an all‑time high, powered by a ₹425 crore naval contract and a defence order book worth ₹10,961 crore, alongside strong momentum in North American truck demand. The company’s defence revenues are projected to reach ₹2,500–3,500 crore by FY27–28, with margins of 18–22%, reinforcing its role in India’s self‑reliance drive.The ₹425 crore contract signed with
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