BHARATFORG

Bharat Forge Limited · NSE · INE465A01025 · F&O · lot 500 · 272 sessions on record

₹1,875.00▼ −51.00 · −2.6%from ₹1,926.00 the session before · 1 Oct 2026 close · NSE end of day

Open: ₹1,910.00
High: ₹1,915.90
Low: ₹1,845.20
Day's range: ₹713.7% of the previous close
VWAP: ₹1,873.80close +0.06% from it
Volume, shares: 12 L1.19× the 20-session average
Turnover, ₹ crore: 220
Trades: 85,00014 shares per trade
Previous close: ₹1,926.00−51.00 to the close
Price band, next session: ₹1,687.50 – ₹2,062.5010% either side of the close · dynamic, widened in 5% steps when hit

Day range42% of the way up

₹1,845.20₹1,915.90

52-week range62% of the way up

₹1,179.40 9 Oct₹2,295.00 10 Aug

−18% from the high · +59% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days

long unwinding

futures read

price −2.6% · OI −1.3%

−2.80

futures premium, ₹

−0.1% to spot ₹1,875.00

0.79

puts per call, by OI

by volume 0.65

1,940

max pain

+3.5% from the close

▼ −1.3%

futures OI on the day

−230 lots · 17,000 open

Long unwinding into a 26-day expiry: futures OI −1.3% on a −2.6% day, the most call OI sits at 2,000, the most put OI at 2,000, max pain 1,940.

Futures and options

1 Oct close · lot 500 · NSE end of day

BHARATFORG futures closed at ₹1,872.20, −0.1% to spot, with 99% of open interest in the 27 Oct contract, and the 1,880 straddle prices a move of about ±5.7% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹1,875.00

Futures by expiry, basis against the spot close ₹1,875.00
Expiry	Close ₹	Basis ₹ · %	Annualised %	OI lots · on the day	Share of OI %	Contracts traded
27 Oct26 days	₹1,872.20	−2.80−0.1%	−2.1%	16,000▼ −1.4% · −240 lots	99	3,000
23 Nov53 days	₹1,883.10	+8.10+0.4%	+3.0%	250▲ +5.6% · +13 lots	1.5	86
29 Dec89 days	₹1,880.00	+5.00+0.3%	+1.1%	3.0▲ +200.0% · +2.0 lots	0.02	2.0

1.5% of futures OI sits beyond the 27 Oct contract · 42 of 67 listed contracts traded · 10,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 1,880 straddle closed at ₹105.90 (call 49.85 + put 56.05), pricing a move of about ±5.7% by the 27 Oct expiry. In the last 253 windows of 19 sessions, BHARATFORG moved more than that 128 times.

Call OI, lots: 4,60023 L shares
Put OI, lots: 3,60018 L shares
Puts per call, by OI: 0.79by volume 0.65
Max pain: 1,940+3.5% from the close
Contracts traded: 42 of 67listed for this expiry

Open interest by strike, lotstop three strikes each side

Calls

Strike

Puts

970

2,000

650

540

1,940

610

1,900

630

1,800

320

Open interest added on the day, lotsthree largest additions each side

Calls

Strike

Puts

+160

1,920

+240

1,900

+310

1,880

1,760

+47

1,740

+47

1,720

+29

Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close · hover or tap a session and the read beside the chart follows it

272 sessions on file · from 28 Aug

BHARATFORG close
Nifty 50, rebased
long build-up · price up, OI up
short build-up · price down, OI up
short covering · price up, OI down
long unwinding · price down, OI down

Session read · latest close: 1 Oct 2026
Close ₹ · day %: ₹1,875.00▼ −2.6% on the previous close
Against Nifty 50: Nifty −0.9%−1.8 pp difference on the day
Futures OI, lots: 17,000−230 lots · −1.3% on the day
The day's build-up: long unwindingprice −2.6% · OI −1.3%
Against the averages: below 20 · below 5020-session ₹1,955.35 (−4.1%) · 50-session ₹2,050.63 (−8.6%)
Volume: 1.19×the previous 20 sessions · 12 L shares
Extremes on the day: none

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, BHARATFORG closed higher five sessions later in 5 of 7.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
Bulletin	Day of the news	1 session later	5 sessions later	Futures OI on the day
25 SeptBharat Forge raises ₹2,000 crore through QIP	▼ −2.5%Nifty −1.6% · −1.0 pp	▼ −3.3%Nifty −1.8% · −1.5 pp	—not reached	▼ −2.1%long unwinding
13 MayBharat Forge secures contract with Embraer for landing gear	▲ +1.7%Nifty +0.1% · +1.6 pp	▲ +1.9%Nifty +1.3% · +0.6 pp	▼ −1.3%Nifty +1.2% · −2.5 pp	▲ +2.0%long build-up
12 MayBharat Forge secures long-term contract with Embraer	▲ +1.7%Nifty +0.1% · +1.6 pp	▲ +1.9%Nifty +1.3% · +0.6 pp	▼ −1.3%Nifty +1.2% · −2.5 pp	▲ +2.0%long build-up
19 FebBharat Forge Q3 net profit declines 17% to ₹288 crore	▼ −0.8%Nifty −1.4% · +0.7 pp	▲ +0.5%Nifty −1.0% · +1.4 pp	▲ +7.9%Nifty −1.3% · +9.2 pp	▼ −2.1%long unwinding
15 FebBharat Forge Q3 net profit declines 17% to ₹288 crore	▼ −0.7%Nifty +0.8% · −1.5 pp	▲ +0.7%Nifty +1.0% · −0.3 pp	▲ +5.4%Nifty +0.9% · +4.4 pp	▲ +2.2%short build-up
15 FebBharat Forge Q3 net profit declines 17% to ₹288 crore	▼ −0.7%Nifty +0.8% · −1.5 pp	▲ +0.7%Nifty +1.0% · −0.3 pp	▲ +5.4%Nifty +0.9% · +4.4 pp	▲ +2.2%short build-up
13 FebDefence stocks gain as ₹3.60 lakh crore proposals approved	▼ −0.7%Nifty +0.8% · −1.5 pp	▲ +0.7%Nifty +1.0% · −0.3 pp	▲ +5.4%Nifty +0.9% · +4.4 pp	▲ +2.2%short build-up
13 FebBharat Forge Q3 profit rises 28% with strong order book	▲ +0.7%Nifty −1.3% · +2.0 pp	0.0%Nifty −0.5% · +0.5 pp	▲ +3.1%Nifty −0.9% · +4.0 pp	▼ −2.8%short covering

8 of 12 bulletins

Quarterly results

consolidated · latest filed 10 Aug, 06:31 pm IST · NSE filings

Revenue ₹4,640 cr, +19% on a year earlier; profit −₹90 cr, −130% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session

Quarterly results of BHARATFORG on the consolidated basis with the market's move on the first session after each filing
Quarter	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹	Market on the day
Jun 2026filed 10 Aug	₹4,640 cr	▲ +19%	−₹90 cr	▼ −130%	-1.88	▼ −2.0%Nifty −0.5% · −1.6 pp
Mar 2026filed 7 May · audited	₹4,528 cr	▲ +18%	₹233 cr	▼ −17%	4.86	▼ −0.2%Nifty −0.6% · +0.5 pp
Dec 2025filed 12 Feb	₹4,343 cr	▲ +25%	₹273 cr	▲ +28%	5.53	▲ +0.7%Nifty −1.3% · +2.0 pp
Sept 2025filed 11 Nov	₹4,032 cr	▲ +9.3%	₹299 cr	▲ +23%	6.26	▼ −0.9%Nifty +0.7% · −1.6 pp
Jun 2025filed 6 Aug	₹3,909 cr	▼ −4.8%	₹284 cr	▲ +63%	5.93	▼ −1.8%Nifty −0.3% · −1.5 pp
Mar 2025filed 8 May · audited	₹3,853 cr	▼ −7.5%	₹283 cr	▲ +24%	5.92	▲ +4.7%Nifty −1.1% · +5.8 pp
Dec 2024filed 13 Feb	₹3,476 cr	▼ −10%	₹213 cr	▼ −16%	4.54	▼ −2.6%Nifty −0.1% · −2.5 pp
Sept 2024filed 14 Nov	₹3,689 cr	▼ −2.3%	₹243 cr	▲ +13%	5.23	▼ −1.8%Nifty −0.3% · −1.5 pp

By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years

Financial-year results of BHARATFORG on the consolidated basis, summed from the quarters filed
Year	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹
FY26to Mar 2026	₹16,812 cr	▲ +11%	₹1,089 cr	▲ +19%	22.58
FY25to Mar 2025	₹15,123 cr	▼ −3.6%	₹913 cr	▲ +0.34%	20.05
FY24to Mar 2024	₹15,682 cr	—	₹910 cr	—	20.43

Fundamentals

consolidated · filings to Jun 2026 · close ₹1,875.00 on 1 Oct

BHARATFORG trades at 130 times trailing earnings against 50 for its industry, 9.6 times book value, revenue +18% over twelve months, a 0.91% dividend yield, market cap ₹92,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing

Market cap: ₹92,000 cron 1 Oct · free float ₹52,000 cr
Price to earnings: 130consolidated · four quarters to Jun 2026 · industry 50
Trailing EPS: ₹14.77diluted · consolidated · four quarters to Jun 2026
Price to book: 9.6consolidated · balance sheet to Mar 2026
Book value a share: ₹195.57consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity: 0.72borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity: 7.6%trailing profit over average equity · consolidated
Dividend yield: 0.91%₹17.00 a share in 365 days
Face value: ₹2a share
Shares outstanding: 49 cron 1 Oct

Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated

Revenue, trailing 12 months: ₹17,543 crfour quarters to Jun 2026
Revenue growth, 12 months: ▲ +18%against the twelve months before
Revenue 3-year CAGR: ▲ +8.0%trailing twelve months against the twelve months 3 years earlier · consolidated
Profit, trailing 12 months: ₹716 crfour quarters to Jun 2026
Profit growth, 12 months: ▼ −30%against the twelve months before
Profit 3-year CAGR: ▲ +8.4%trailing twelve months against the twelve months 3 years earlier · consolidated

PeersBSE sub-group Auto Components & Equipments · F&O stocks with filings on record · industry P/E 50, market caps over trailing profit of 6 stocks

Stocks in the BSE sub-group Auto Components & Equipments with market cap, price to earnings and price to book
Stock	Market cap ₹	P/E	P/B	Close ₹
MOTHERSONSamvardhana Motherson International Limited	1,70,000 cron 1 Oct	38consolidated	3.8	₹157.05
BOSCHLTDBosch Limited	1,30,000 cron 1 Oct	39consolidated	9.0	₹45,480.00
BHARATFORGBharat Forge Limited	92,000 cron 1 Oct	130consolidated	9.6	₹1,875.00
UNOMINDAUNO Minda Limited	64,000 cron 1 Oct	53consolidated	8.8	₹1,111.00
SCHAEFFLERSchaeffler India Limited	61,000 cron 1 Oct	—	9.9	₹3,885.60
SONACOMSSona BLW Precision Forgings Limited	50,000 cron 1 Oct	72consolidated	8.2	₹805.00
TIINDIATube Investments of India Limited	45,000 cron 1 Oct	75consolidated	3.2	₹2,340.00
ENDURANCEEndurance Technologies Limited	37,000 cron 1 Oct	—	5.3	₹2,601.40
EXIDEINDExide Industries Limited	35,000 cron 1 Oct	—	2.5	₹409.45
DHOOTTRANSDhoot Transmission Limited	30,000 cron 1 Oct	—	—	₹1,443.40
CRAFTSMANCraftsman Automation Limited	27,000 cron 1 Oct	—	8.2	₹10,266.00
SANSERASansera Engineering Limited	27,000 cron 1 Oct	—	8.6	₹4,276.60
ZFCVINDIAZF Commercial Vehicle Control Systems India Limited	26,000 cron 1 Oct	—	6.9	₹2,241.00
ASAHIINDIAAsahi India Glass Limited	24,000 cron 1 Oct	—	6.1	₹944.25
SUNDRMFASTSundram Fasteners Limited	24,000 cron 1 Oct	—	5.5	₹1,123.60
GABRIELGabriel India Limited	23,000 cron 1 Oct	—	17	₹1,315.00
BELRISEBelrise Industries Limited	23,000 cron 1 Oct	—	4.4	₹237.50
MSUMIMotherson Sumi Wiring India Limited	22,000 cron 1 Oct	—	10	₹33.55
SHRIPISTONSPR Auto Technologies Limited	21,000 cron 1 Oct	—	6.9	₹4,490.50
TENNINDTenneco Clean Air India Limited	20,000 cron 1 Oct	—	17	₹495.40
MINDACORPMinda Corporation Limited	16,000 cron 1 Oct	—	6.0	₹667.35
SEDEMACSEDEMAC Mechatronics Limited	15,000 cron 1 Oct	—	34	₹3,432.80
CIEINDIACIE Automotive India Limited	14,000 cron 1 Oct	—	1.8	₹376.35
ARE&MAmara Raja Energy & Mobility Limited	14,000 cron 1 Oct	—	1.7	₹747.40
LUMAXTECHLumax Auto Technologies Limited	13,000 cron 1 Oct	—	9.1	₹1,978.90
JBMAJBM Auto Limited	13,000 cron 1 Oct	—	8.1	₹544.65
VARROCVarroc Engineering Limited	13,000 cron 1 Oct	—	7.0	₹830.60
RKFORGERamkrishna Forgings Limited	13,000 cron 1 Oct	—	3.9	₹695.45
ASKAUTOLTDASK Automotive Limited	12,000 cron 1 Oct	—	9.3	₹618.15
PRICOLLTDPricol Limited	9,000 cron 1 Oct	—	7.1	₹734.50
BANCOINDIABanco Products (I) Limited	8,400 cron 1 Oct	—	5.0	₹589.85
SKFINDIASKF India Limited	7,200 cron 1 Oct	—	5.4	₹1,450.20
SJSS.J.S. Enterprises Limited	7,000 cron 1 Oct	—	7.9	₹2,159.80
SUPRAJITSuprajit Engineering Limited	6,600 cron 1 Oct	—	4.6	₹481.05
SSWLSteel Strips Wheels Limited	6,100 cron 1 Oct	—	3.4	₹390.80
WHEELSWheels India Limited	5,800 cron 1 Oct	—	5.5	₹2,241.30
LGBBROSLTDLG Balakrishnan & Bros Limited	5,500 cron 1 Oct	—	2.5	₹1,711.10
SHARDAMOTRSharda Motor Industries Limited	5,300 cron 1 Oct	—	4.1	₹928.80
JAMNAAUTOJamna Auto Industries Limited	5,300 cron 1 Oct	—	4.6	₹131.65
NRBBEARINGNRB Bearing Limited	5,300 cron 1 Oct	—	5.3	₹542.60
LUMAXINDLumax Industries Limited	5,200 cron 1 Oct	—	5.7	₹5,550.00
ROLEXRINGSRolex Rings Limited	5,200 cron 1 Oct	—	4.2	₹196.35
FIEMINDFiem Industries Limited	4,700 cron 1 Oct	—	3.9	₹1,794.80
RMLRane (Madras) Limited	3,700 cron 1 Oct	—	5.0	₹1,343.20
UNIPARTSUniparts India Limited	3,700 cron 1 Oct	—	4.3	₹819.30
DIVGIITTSDivgi Torqtransfer Systems Limited	3,500 cron 1 Oct	—	5.5	₹1,136.40
SANDHARSandhar Technologies Limited	3,400 cron 1 Oct	—	2.5	₹563.85
JTEKTINDIAJtekt India Limited	3,200 cron 1 Oct	—	2.7	₹115.85
CARRAROCarraro India Limited	2,900 cron 1 Oct	—	5.2	₹518.10
INDNIPPONIndia Nippon Electricals Limited	2,800 cron 1 Oct	—	—	₹1,224.40
MMFLMM Forgings Limited	2,800 cron 1 Oct	—	2.8	₹571.95
SUNCLAYSundaram Clayton Limited	2,600 cron 1 Oct	—	2.0	₹1,183.00
TALBROAUTOTalbros Automotive Components Limited	2,600 cron 1 Oct	—	3.5	₹419.70
AUTOAXLESAutomotive Axles Limited	2,500 cron 1 Oct	—	2.3	₹1,683.00
GNAGNA Axles Limited	2,500 cron 1 Oct	—	2.5	₹580.70
FMGOETZEFederal-Mogul Goetze (India) Limited.	2,500 cron 1 Oct	—	1.6	₹444.25
RAJRATANRajratan Global Wire Limited	2,300 cron 1 Oct	—	3.5	₹453.55
RACLGEARRACL Geartech Limited	1,800 cron 1 Oct	—	5.2	₹1,538.20
NDRAUTONdr Auto Components Limited	1,700 cron 1 Oct	—	4.8	₹715.85
FRONTSPFrontier Springs Limited	1,700 cron 1 Oct	—	—	₹1,415.60
KROSSKross Limited	1,700 cron 1 Oct	—	3.4	₹258.40
RICOAUTORico Auto Industries Limited	1,600 cron 1 Oct	—	2.1	₹121.65
MENONBEMenon Bearings Limited	1,600 cron 1 Oct	—	8.7	₹288.40
STUDDSStudds Accessories Limited	1,600 cron 1 Oct	—	3.0	₹399.85
ALICONAlicon Castalloy Limited	1,400 cron 1 Oct	—	2.3	₹871.95
JAYBARMARUJay Bharat Maruti Limited	1,400 cron 1 Oct	—	2.0	₹130.80
BHARATSEBharat Seats Limited	1,300 cron 1 Oct	—	5.6	₹204.65
IGARASHIIgarashi Motors India Limited	1,300 cron 1 Oct	—	2.7	₹398.95
PRECAMPrecision Camshafts Limited	1,000 cron 1 Oct	—	1.3	₹109.90
MUNJALAUMunjal Auto Industries Limited	1,000 cron 1 Oct	—	2.2	₹104.05
SEKURITINDSaint Gobain Sekurit India Limited	990 cron 1 Oct	—	—	₹109.20
ACGLAutomobile Corporation of Goa Limited	990 cron 1 Oct	—	—	₹1,622.70
STERTOOLSSterling Tools Limited	820 cron 1 Oct	—	1.6	₹224.30
ISTLTDI S T Limited	740 cron 1 Oct	—	—	₹635.00
ENKEIWHELEnkei Wheels (India) Limited	710 cron 1 Oct	—	—	₹392.60
ASALAutomotive Stampings and Assemblies Limited	680 cron 1 Oct	—	19	₹426.90
ZFSTEERINGZF Steering Gear (India) Limited	640 cron 1 Oct	—	—	₹708.40
HINDCOMPOSHindustan Composites Limited	560 cron 1 Oct	—	0.49	₹380.80
TRITONVTriton Valves Limited	550 cron 1 Oct	—	—	₹1,078.00
MUNJALSHOWMunjal Showa Limited	500 cron 1 Oct	—	0.73	₹124.55
OMAXAUTOOmax Autos Limited	430 cron 1 Oct	—	1.2	₹201.15
REMSONSINDRemsons Industries Limited	390 cron 1 Oct	—	2.5	₹112.55
AUTOINDAutoline Industries Limited	370 cron 1 Oct	—	1.9	₹81.40
PRITIKAUTOPritika Auto Industries Limited	270 cron 1 Oct	—	0.98	₹16.10
SUNDRMBRAKSundaram Brake Linings Limited	260 cron 1 Oct	—	2.6	₹669.95
BIMETALBimetal Bearings Limited	240 cron 1 Oct	—	—	₹640.00
SHIVAMAUTOShivam Autotech Limited	220 cron 1 Oct	—	—	₹17.05
PAVNAINDPavna Industries Limited	210 cron 1 Oct	—	0.99	₹15.35
IPRINGLTDIP Rings Limited	180 cron 1 Oct	—	—	₹141.95
BHARATGEARBharat Gears Limited	—	—	—	—
HITECHGEARThe Hi-Tech Gears Limited	—	—	—	—
LAKPRELakshmi Precision Screws Limited	—	—	—	—
MENNPISMenon Pistons Limited	—	—	—	—
PPAPPPAP Automotive Limited	—	—	—	—
PRADPMEPradeep Metals Limited	—	—	—	—
SETCOSetco Automotive Limited	—	—	—	—
UCALUCAL LIMITED	—	—	—	—
URAVIDEFUravi Defence and Technology Limited	—	—	—	—
VELJANVeljan Denison Limited	—	—	—	—

Shareholding

quarter to 22 Sept · none pledged · NSE filings

Promoters hold 43.1%, foreign portfolio investors 15.2%, mutual funds 21.6% and insurance companies 7.3%, as filed for the quarter to 22 Sept.

43.1%15.2%21.6%

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file

Shareholding of BHARATFORG by category over the last 5 quarters with the change against the previous quarter
Category	22 Sept	30 Jun	31 Mar	31 Dec	30 Sept
Promoters	43.12▼ −0.95 pp	44.070.00 pp	44.070.00 pp	44.070.00 pp	44.07
Foreign portfolio investors	15.18▲ +0.14 pp	15.04▲ +0.89 pp	14.15▲ +1.75 pp	12.40▼ −1.22 pp	13.62
Mutual funds	21.57▲ +0.83 pp	20.74▼ −0.31 pp	21.05▼ −1.65 pp	22.70▲ +1.19 pp	21.51
Insurance companies	7.30▼ −0.37 pp	7.67▼ −0.75 pp	8.42▼ −0.52 pp	8.94▲ +0.08 pp	8.86
Banks and financial institutions	3.99▲ +0.07 pp	3.92▲ +0.62 pp	3.30▲ +0.71 pp	2.59▲ +0.70 pp	1.89
Individual investors	7.52▲ +0.15 pp	7.37▼ −0.46 pp	7.83▼ −0.15 pp	7.98▼ −0.50 pp	8.48
Bodies corporate	0.63▲ +0.13 pp	0.50▲ +0.05 pp	0.45▼ −0.02 pp	0.47▼ −0.15 pp	0.62
Others	0.690.00 pp	0.69▼ −0.04 pp	0.73▼ −0.12 pp	0.85▼ −0.10 pp	0.95

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹6.50 a share, ex-date 3 Jul 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios

Corporate actions of BHARATFORG, upcoming first, then the most recent
Ex-date	Action	Amount or ratio	Record date	Source
recent
3 Jul 2026	dividend	₹6.50	3 Jul 2026	BSE
18 Feb 2026	dividend	₹2.00	18 Feb 2026	BSE
4 Jul 2025	dividend	₹6.00	4 Jul 2025	BSE
18 Feb 2025	dividend	₹2.50	18 Feb 2025	BSE
5 Jul 2024	dividend	₹6.50	5 Jul 2024	BSE
23 Feb 2024	dividend	₹2.50	23 Feb 2024	BSE

Calendaras notified to the exchange

Next results: —no board meeting notified yet
Dividends in 365 days: ₹17.00a share · ex-dates inside the year
Last dividend: ₹6.50ex-date 3 Jul 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

BHARATFORG is −7.7% over 20 sessions against Nifty's −6.2%, 18% below its 52-week high, realised volatility 27% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions

Returns of the stock and Nifty 50 over six windows, longest first
Window	From ₹	BHARATFORG %	Nifty 50 %	Difference pp
250 sessionssince 26 Sept	₹1,181.10	▲ +59%	▼ −9.1%	+68
120 sessionssince 9 Apr	₹1,739.33	▲ +7.8%	▼ −5.7%	+13
60 sessionssince 8 Jul	₹2,100.60	▼ −11%	▼ −6.1%	−4.6
20 sessionssince 2 Sept	₹2,031.86	▼ −7.7%	▼ −6.2%	−1.5
5 sessionssince 24 Sept	₹1,998.93	▼ −6.2%	▼ −2.8%	−3.4
1 sessionsince 30 Sept	₹1,926.04	▼ −2.6%	▼ −0.88%	−1.8

Averages of the closeclose against each average

5-session average: ₹1,941.60close −3.4% from it
20-session average: ₹1,955.35close −4.1% from it
50-session average: ₹2,050.63close −8.6% from it
200-session average: ₹1,850.42close +1.3% from it

Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average

Average true range, 14: ₹532.9% of the close
Average day's range, 20: ₹482.5% of the close
Volume against 20 sessions: 1.19×12 L vs 9.6 L average

Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell

Realised volatility, 20: 27%≈ ±1.7% a session · moved more than that on 8 of 20
Realised volatility, 60: 29%≈ ±1.8% a session · moved more than that on 15 of 60
Realised volatility, 250: 30%≈ ±1.9% a session · moved more than that on 59 of 250
Beta to Nifty, 60: 0.92moved with Nifty on 40 of 60 sessions
Beta to Nifty, 250: 1.24moved with Nifty on 171 of 250 sessions

Up and down sessionscloses above and below the previous close

Last 20 sessions: 7 up · 13 downof 20
Last 60 sessions: 27 up · 33 downof 60
Last 250 sessions: 134 up · 116 downof 250
Best session, 250: ▲ +6.6%3 Feb
Worst session, 250: ▼ −7.6%10 Aug

12 bulletins on BHARATFORG

latest 25 Sept 2026

Beats in the coverage

Often mentioned with

HAL1

September 2026

25 Sept Bharat Forge raises ₹2,000 crore through QIPBharat Forge Limited raised approximately ₹2,000 crore through a Qualified Institutions Placement, advised by Shardul Amarchand Mangaldas & Co. The funds will primarily support capital expenditure for defence equipment capabilities, following a previous ₹1,650 crore QIP in December 2024.Medium

May 2026

13 May Bharat Forge secures contract with Embraer for landing gearBharat Forge secured a long-term contract with Embraer for manufacturing landing gear forgings, becoming the first Indian supplier in Embraer's aerospace supply chain. Shares rose nearly 1% to ₹1999 on the NSE following the announcement.Medium 12 May Bharat Forge secures long-term contract with EmbraerBharat Forge secured a long-term contract with Embraer for manufacturing landing gear forgings, becoming the first Indian supplier in Embraer's aerospace supply chain. Shares increased nearly 1% to ₹1999 amid weak market conditions.Medium

February 2026

19 Feb Bharat Forge Q3 net profit declines 17% to ₹288 croreBharat Forge's Q3FY26 net profit fell 17% to ₹288 crore, with revenue from operations up 0.6% to ₹2,983.7 crore. The company declared an interim dividend of ₹2 per share amid a one-time cost affecting margins.Medium 15 Feb Bharat Forge Q3 net profit declines 17% to ₹288 croreBharat Forge reported a net profit of ₹288 crore for Q3FY26, down 17% YoY, with standalone revenue rising 0.6% to ₹2,983.7 crore. The company declared an interim dividend of ₹2 per share amid a consolidated revenue increase of 25%.Medium 15 Feb Bharat Forge Q3 net profit declines 17% to ₹288 croreBharat Forge reported Q3FY26 results with net profit down 17% to ₹288 crore, while consolidated revenue rose 25% to ₹4,343 crore. An interim dividend of ₹2 per share was also declared.Medium 13 Feb Defence stocks gain as ₹3.60 lakh crore proposals approvedDefence stocks gained momentum after the Defence Acquisition Council approved capital acquisition proposals worth ₹3.60 lakh crore. Key procurements include fighter aircraft and combat missiles, with analysts projecting up to 40% upside for HAL and Bharat Forge.High 13 Feb Bharat Forge Q3 profit rises 28% with strong order bookBharat Forge reported a 28% rise in Q3 net profit to ₹273 crore, with revenue increasing 25% to ₹4,342.9 crore. The company declared an interim dividend of ₹2 per share and has a defence order book of ₹11,130 crore.High 12 Feb Bharat Forge Q3 revenue exceeds estimates, profit rises 28%Bharat Forge reported Q3 revenue of ₹4,343 cr, a 25% YoY increase, while net profit rose 28% to ₹272.8 cr. Despite exceeding revenue and EBITDA estimates, profit fell short of expectations, indicating mixed performance.Medium

November 2025

12 Nov Bharat Forge reports mixed Q2 results and secures defence contractMedium 12 Nov Kalyani Strategic Systems wins ₹250 crore MoD contractHigh 11 Nov Bharat Forge Q2 profit rises 23%, shares up nearly 4%High

About Bharat Forge Limited

exchange masters as of 18 Sept 2026 · classification by BSE

Company: Bharat Forge Limited
Exchange: NSE · BSE 500493, group A
Listed on NSE: 4 Apr 2003
Classification: Consumer Discretionary › Automobile and Auto Components › Auto Components › Auto Components & Equipments
Index: BSE 200
Face value: ₹2 a share
ISIN: INE465A01025
Sessions on record: 272
Price source: NSE UDiFF bhavcopy · end of day · delayed
Filings: NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed: 1 Oct, 10:08 pm IST
Bulletins: 12 · written by the desk · not a recommendation

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