OICHARTS
8 AMThe 8 AM report →
ManufacturingDefenceMedium impactAfter close

Bharat Forge reports mixed Q2 results and secures defence contract

after close1 source ↓written by the desknot a recommendation

year-over-year
13%
exceeding estimates
200 basis points

Bharat Forge reported net sales of ₹1,950 cr for Q2 FY2026, down 13% year-over-year. Despite this, the company improved its EBITDA margin to 28.3%, exceeding estimates by 200 basis points. Additionally, it secured a significant defence contract through its subsidiary, which may enhance future revenue prospects. 💼

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Nov 2025, 17:33 IST.

Sourcesnews.google.com

The market after the news

BHARATFORG closed 0.0% on the day of the news, from ₹1,389.20 to ₹1,388.80; Nifty 0.0% over the same session; futures OI −2.3%.

Bulletin at 17:33 IST on 12 Nov 2025. Every change is measured from ₹1,389.20, the last close before it, on 12 Nov. Nifty 50 is measured over the same sessions.

  • BHARATFORG close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BHARATFORG closes around the bulletin against the close before the news, with Nifty 50 rebased to it123113891548axis spans 26%before the news · 12 Nov1389Nifty 50BHARATFORGbulletinD0+1+3+56 Nov18 Nov27 NovFutures open interest, lotspeak 21,000Reference close ₹1,389.20. 16 sessions from 6 Nov to 27 Nov; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before12 Nov₹1,389.20basebase
On the day13 Nov₹1,388.800.0%0.0%0.0 pp difference
+1 session14 Nov₹1,396.70▲ +0.5%▲ +0.1%+0.4 pp difference
+3 sessions18 Nov₹1,396.60▲ +0.5%▲ +0.1%+0.4 pp difference
+5 sessions20 Nov₹1,435.40▲ +3.3%▲ +1.2%+2.1 pp difference
Gap at the open, % · ₹
▲ +0.5%+6.95 on 13 Nov
Day's range, % · ₹
2.4%≈ 34 high to low
Volume on the day
0.92×the 20-session average
Futures OI on the day
▼ −2.3%−440 lots · long unwinding · price 0.0%
Futures OI open, lots
19,00013 Nov · 25 Nov expiry
Futures premium, ₹
+3.20+0.2% to spot
Puts per call, by OI
0.76from 0.75 the session before
Max pain
1,340from 1,340 the session before

Source NSE UDiFF bhavcopy · BHARATFORG on the desk →

Thread · BHARATFORGAll BHARATFORG bulletins →

Related