Bharat Forge secures contract with Embraer for landing gear
pre-market1 source ↓written by the desknot a recommendation
- to an intraday
- 1%
- on the NSE
- ₹1999
Bharat Forge has entered a long-term contract with Embraer to manufacture high-integrity forged components for landing gear systems in both commercial and defense aircraft. This agreement marks Bharat Forge as the first Indian supplier in Embraer's aerospace supply chain. Following the announcement, shares rose nearly 1% to an intraday high of ₹1999 on the NSE, reflecting positive market sentiment despite broader weakness.
Not investment advice. For informational purposes only.