Bharat Forge
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Bharat Forge’s board approved a plan to raise up to ₹2,500 crore through equity shares, debt or securities convertible into equity, subject to shareholder and regulatory approvals. The issuance method, price, timing and terms were delegated to its Investment Committee–Strategic Business. It also approved incorporating a subsidiary in Malaysia to pursue semiconductor and allied activities, with further details to be provided as formalities were completed. For the June quarter, consolidated revenue rose to ₹4,640 crore from ₹3,909 crore a year earlier, while the group reported a net loss of ₹89.9 crore after a ₹358 crore exceptional charge for restructuring its German BF CDP unit. Standalone revenue was ₹2,347 crore and profit was ₹321 crore, compared with ₹2,105 crore and ₹339 crore in the year-earlier quarter. The ₹1,650 crore QIP completed in FY25 was fully utilised by September 2025. FY26 standalone revenue was about ₹8,400 crore and the defence order book stood at ₹10,961 crore.
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Bharat Forge’s board approved a plan to raise up to ₹2,500 crore through equity shares, debt or securities convertible into equity, subject to shareholder and regulatory approvals. The issuance method, price, timing and terms were delegated to its Investment Committee–Strategic Business. It also approved incorporating a subsidiary in Malaysia to pursue semiconductor and allied activities, with further details to be provided as formalities were completed. For the June quarter, consolidated revenue rose to ₹4,640 crore from ₹3,909 crore a year earlier, while the group reported a net loss of ₹89.9 crore after a ₹358 crore exceptional charge for restructuring its German BF CDP unit. Standalone revenue was ₹2,347 crore and profit was ₹321 crore, compared with ₹2,105 crore and ₹339 crore in the year-earlier quarter. The ₹1,650 crore QIP completed in FY25 was fully utilised by September 2025. FY26 standalone revenue was about ₹8,400 crore and the defence order book stood at ₹10,961 crore.
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Aug 10 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - APPROVES FURTHER INVESTMENT UP TO 2.4 BILLION RUPEES IN KALYANI STRATEGIC SYSTEMS
Source text: ID:nNSE2qWp3c
Further company coverage: BFRG.NS
(([email protected];;))
Aug 10 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - APPROVES FURTHER INVESTMENT UP TO 2.4 BILLION RUPEES IN KALYANI STRATEGIC SYSTEMS
Source text: ID:nNSE2qWp3c
Further company coverage: BFRG.NS
(([email protected];;))
June 19 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - SIGNS 4.25 BILLION RUPEES CONTRACT TO SUPPLY GAS TURBINE GENERATORS TO INDIAN NAVY
Source text: ID:nBSEcgHzjb
Further company coverage: BFRG.NS
(([email protected];))
June 19 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - SIGNS 4.25 BILLION RUPEES CONTRACT TO SUPPLY GAS TURBINE GENERATORS TO INDIAN NAVY
Source text: ID:nBSEcgHzjb
Further company coverage: BFRG.NS
(([email protected];))
June 18 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE- UNIT AND AM GENERAL SIGN STRATEGIC PARTNERSHIP TO OFFER DISTINCT MOUNTED ARTILLERY GUN SYSTEMS FOR WORLD ARMIES
Source text: ID:nBSE5qs9mW
Further company coverage: BFRG.NS
(([email protected];))
June 18 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE- UNIT AND AM GENERAL SIGN STRATEGIC PARTNERSHIP TO OFFER DISTINCT MOUNTED ARTILLERY GUN SYSTEMS FOR WORLD ARMIES
Source text: ID:nBSE5qs9mW
Further company coverage: BFRG.NS
(([email protected];))
May 27 (Reuters) -
INDIA SEEKS PROPOSALS FOR FIFTH GEN COMBAT AIRCRAFT FROM LT-BHARAT ELECTRONICS, TATA ADVANCED SYSTEMS, BHARAT FORGE-BEML - ANI CITING DEFENCE OFFICIALS
Source text: [ID:]
(([email protected];))
May 27 (Reuters) -
INDIA SEEKS PROPOSALS FOR FIFTH GEN COMBAT AIRCRAFT FROM LT-BHARAT ELECTRONICS, TATA ADVANCED SYSTEMS, BHARAT FORGE-BEML - ANI CITING DEFENCE OFFICIALS
Source text: [ID:]
(([email protected];))
May 19 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - SIGNS MOU TO ESTABLISH INDIA'S FIRST PRIVATE-SECTOR MARINE GAS TURBINE FACILITY
Source text: ID:nBSE1K9ymN
Further company coverage: BFRG.NS
(([email protected];))
May 19 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - SIGNS MOU TO ESTABLISH INDIA'S FIRST PRIVATE-SECTOR MARINE GAS TURBINE FACILITY
Source text: ID:nBSE1K9ymN
Further company coverage: BFRG.NS
(([email protected];))
May 11 (Reuters) - Bharat Forge Ltd BFRG.NS:
SECURES LONG-TERM CONTRACT WITH EMBRAER FOR LANDING GEAR FORGINGS
Source text: ID:nBSE782gDz
Further company coverage: BFRG.NS
(([email protected];;))
May 11 (Reuters) - Bharat Forge Ltd BFRG.NS:
SECURES LONG-TERM CONTRACT WITH EMBRAER FOR LANDING GEAR FORGINGS
Source text: ID:nBSE782gDz
Further company coverage: BFRG.NS
(([email protected];;))
May 7 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - DIVIDEND 6.5 RUPEES PER SHARE
BHARAT FORGE Q4 CONSOL PROFIT 2.33 BILLION RUPEES
BHARAT FORGE Q4 CONSOL REVENUE FROM OPERATIONS 45.28 BILLION RUPEES
Source text: ID:nBSE68JCNk
Further company coverage: BFRG.NS
(([email protected];;))
May 7 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - DIVIDEND 6.5 RUPEES PER SHARE
BHARAT FORGE Q4 CONSOL PROFIT 2.33 BILLION RUPEES
BHARAT FORGE Q4 CONSOL REVENUE FROM OPERATIONS 45.28 BILLION RUPEES
Source text: ID:nBSE68JCNk
Further company coverage: BFRG.NS
(([email protected];;))
April 17 (Reuters) - Bharat Forge Ltd BFRG.NS:
BFISL TO BUY 90% STAKE IN RS AEROSTRUCTURES
COST OF ACQUISITION NOT EXCEEDING 36 MILLION RUPEES
Source text: ID:nBSE19P4g6
Further company coverage: BFRG.NS
(([email protected];;))
April 17 (Reuters) - Bharat Forge Ltd BFRG.NS:
BFISL TO BUY 90% STAKE IN RS AEROSTRUCTURES
COST OF ACQUISITION NOT EXCEEDING 36 MILLION RUPEES
Source text: ID:nBSE19P4g6
Further company coverage: BFRG.NS
(([email protected];;))
April 9 (Reuters) - Bharat Forge Ltd BFRG.NS:
BOARD REVIEWS PHASED RESTRUCTURING OF BF CDP STEEL FORGING OPERATIONS
BOARD APPROVES FINANCING ARRANGEMENT OF UP TO EUR 30 MILLION FOR RESTRUCTURING
Source text: ID:nBSE1QT1Y7
Further company coverage: BFRG.NS
(([email protected];;))
April 9 (Reuters) - Bharat Forge Ltd BFRG.NS:
BOARD REVIEWS PHASED RESTRUCTURING OF BF CDP STEEL FORGING OPERATIONS
BOARD APPROVES FINANCING ARRANGEMENT OF UP TO EUR 30 MILLION FOR RESTRUCTURING
Source text: ID:nBSE1QT1Y7
Further company coverage: BFRG.NS
(([email protected];;))
March 11 (Reuters) - Bharat Forge Ltd BFRG.NS:
INVESTS 1.6 BILLION RUPEES IN BHARAT FORGE GLOBAL HOLDING GMBH
Source text: ID:nBSE7qM26f
Further company coverage: BFRG.NS
(([email protected];;))
March 11 (Reuters) - Bharat Forge Ltd BFRG.NS:
INVESTS 1.6 BILLION RUPEES IN BHARAT FORGE GLOBAL HOLDING GMBH
Source text: ID:nBSE7qM26f
Further company coverage: BFRG.NS
(([email protected];;))
March 4 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - APPROVED AVAILING OF UNSECURED RUPEE TERM LOAN UP TO 8 BILLION RUPEES
Source text: ID:nBSE7Hf5yt
Further company coverage: BFRG.NS
(([email protected];))
March 4 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - APPROVED AVAILING OF UNSECURED RUPEE TERM LOAN UP TO 8 BILLION RUPEES
Source text: ID:nBSE7Hf5yt
Further company coverage: BFRG.NS
(([email protected];))
Feb 18 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - BHARAT FORGE AND VVDN TECHNOLOGIES SIGN MOU
BHARAT FORGE - MOU FOR COLLABORATION ACROSS AUTOMOTIVE, DEFENCE, DATA CENTRE DOMAINS
Source text: ID:nnAZN4SHAAC
Further company coverage: BFRG.NS
(([email protected];))
Feb 18 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - BHARAT FORGE AND VVDN TECHNOLOGIES SIGN MOU
BHARAT FORGE - MOU FOR COLLABORATION ACROSS AUTOMOTIVE, DEFENCE, DATA CENTRE DOMAINS
Source text: ID:nnAZN4SHAAC
Further company coverage: BFRG.NS
(([email protected];))
Feb 12 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - DECLARES INTERIM DIVIDEND OF 2 RUPEES PER SHARE
BHARAT FORGE - APPROVED MERGER OF FERROVIA TRANSRAIL SOLUTIONS WITH BF INFRASTRUCTURE
Source text: ID:nBSE5QL5wc
Further company coverage: BFRG.NS
(([email protected];))
Feb 12 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - DECLARES INTERIM DIVIDEND OF 2 RUPEES PER SHARE
BHARAT FORGE - APPROVED MERGER OF FERROVIA TRANSRAIL SOLUTIONS WITH BF INFRASTRUCTURE
Source text: ID:nBSE5QL5wc
Further company coverage: BFRG.NS
(([email protected];))
Feb 2 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE -UNIT SECURES INVESTMENT WORTH 3 BILLION RUPEES FROM PREMJI INVEST
Further company coverage: BFRG.NS
(([email protected];))
Feb 2 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE -UNIT SECURES INVESTMENT WORTH 3 BILLION RUPEES FROM PREMJI INVEST
Further company coverage: BFRG.NS
(([email protected];))
Jan 30 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - INVESTS €10 MILLION IN SUBSIDIARY
Source text: ID:nBSE1XpqHH
Further company coverage: BFRG.NS
(([email protected];;))
Jan 30 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - INVESTS €10 MILLION IN SUBSIDIARY
Source text: ID:nBSE1XpqHH
Further company coverage: BFRG.NS
(([email protected];;))
Jan 8 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - CO AND AGILE ROBOTS SIGN MOU FOR AI AUTOMATION
Source text: ID:nNSE4QxXNQ
Further company coverage: BFRG.NS
(([email protected];))
Jan 8 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - CO AND AGILE ROBOTS SIGN MOU FOR AI AUTOMATION
Source text: ID:nNSE4QxXNQ
Further company coverage: BFRG.NS
(([email protected];))
Dec 31 (Reuters) - Bharat Forge Ltd BFRG.NS:
GETS CONTRACT FOR 16.62 BILLION RUPEES WITH INDIA MINISTRY OF DEFENCE
Source text: ID:nBSE4cbZgF
Further company coverage: BFRG.NS
(([email protected];))
Dec 31 (Reuters) - Bharat Forge Ltd BFRG.NS:
GETS CONTRACT FOR 16.62 BILLION RUPEES WITH INDIA MINISTRY OF DEFENCE
Source text: ID:nBSE4cbZgF
Further company coverage: BFRG.NS
(([email protected];))
Dec 30 (Reuters) - Bharat Forge Ltd BFRG.NS:
SIGNS LARGEST SMALL ARMS CONTRACT WITH MINISTRY OF DEFENCE
CONTRACT FOR 16.62 BILLION RUPEES
Source text: ID:nBSE11RCPj
Further company coverage: BFRG.NS
(([email protected];))
Dec 30 (Reuters) - Bharat Forge Ltd BFRG.NS:
SIGNS LARGEST SMALL ARMS CONTRACT WITH MINISTRY OF DEFENCE
CONTRACT FOR 16.62 BILLION RUPEES
Source text: ID:nBSE11RCPj
Further company coverage: BFRG.NS
(([email protected];))
Nov 5 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - TO CONSIDER FUND RAISING THROUGH LOANS AND DEBENTURES
Source text: ID:nBSE3pRSQS
Further company coverage: BFRG.NS
(([email protected];;))
Nov 5 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - TO CONSIDER FUND RAISING THROUGH LOANS AND DEBENTURES
Source text: ID:nBSE3pRSQS
Further company coverage: BFRG.NS
(([email protected];;))
Sept 11 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE LTD - CO AND WINDRACERS SIGN MOU FOR UAV OPERATIONS IN INDIA
Source text: ID:nBSESVCJD
Further company coverage: BFRG.NS
(([email protected];;))
Sept 11 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE LTD - CO AND WINDRACERS SIGN MOU FOR UAV OPERATIONS IN INDIA
Source text: ID:nBSESVCJD
Further company coverage: BFRG.NS
(([email protected];;))
July 3 (Reuters) - Bharat Forge Ltd BFRG.NS:
UNIT INCORPORATES AGNEYASTRA ENERGETICS AS WHOLLY-OWNED SUBSIDIARY
Source text: ID:nBSE9PjM2f
Further company coverage: BFRG.NS
(([email protected];;))
July 3 (Reuters) - Bharat Forge Ltd BFRG.NS:
UNIT INCORPORATES AGNEYASTRA ENERGETICS AS WHOLLY-OWNED SUBSIDIARY
Source text: ID:nBSE9PjM2f
Further company coverage: BFRG.NS
(([email protected];;))
July 2 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE LTD - COMPLETES ACQUISITION OF AAM INDIA
Source text: ID:nNSE7845qL
Further company coverage: BFRG.NS
(([email protected];;))
July 2 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE LTD - COMPLETES ACQUISITION OF AAM INDIA
Source text: ID:nNSE7845qL
Further company coverage: BFRG.NS
(([email protected];;))
June 17 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - CO, TURGIS GAILLARD SIGN MOU TO OFFER AAROK UAV
Source text: ID:nNSE2kDh8M
Further company coverage: BFRG.NS
(([email protected];))
June 17 (Reuters) - Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - CO, TURGIS GAILLARD SIGN MOU TO OFFER AAROK UAV
Source text: ID:nNSE2kDh8M
Further company coverage: BFRG.NS
(([email protected];))
Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - HIGH COURT ALLOWED CO'S APPEAL
Source text: ID:nnAZN3WJ7WY
Further company coverage: BFRG.NS
Bharat Forge Ltd BFRG.NS:
BHARAT FORGE - HIGH COURT ALLOWED CO'S APPEAL
Source text: ID:nnAZN3WJ7WY
Further company coverage: BFRG.NS
** Shares of Bharat Forge BFRG.NS gain as much as 3.3% to 1,139.6 rupees; last up 2.6%
** India's competition regulator approved BFRG's proposed acquisition of AAM India Manufacturing Corp, unit of U.S.-based auto parts maker American Axle and Manufacturing AXL.N
** BFRG in October proposed to acquire AAM India at enterprise value of 5.45 billion rupees (~$64 million)
** Analysts' avg. rating on stock is "hold", median PT is 1,170 rupees - data compiled by LSEG
** Stock down ~15% YTD
($1 = 85.4675 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364))
** Shares of Bharat Forge BFRG.NS gain as much as 3.3% to 1,139.6 rupees; last up 2.6%
** India's competition regulator approved BFRG's proposed acquisition of AAM India Manufacturing Corp, unit of U.S.-based auto parts maker American Axle and Manufacturing AXL.N
** BFRG in October proposed to acquire AAM India at enterprise value of 5.45 billion rupees (~$64 million)
** Analysts' avg. rating on stock is "hold", median PT is 1,170 rupees - data compiled by LSEG
** Stock down ~15% YTD
($1 = 85.4675 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364))
April 22 (Reuters) - Bharat Forge Ltd BFRG.NS:
INDIA COMPETITION WATCHDOG: APPROVES ACQUISITION OF AAM INDIA MANUFACTURING CORP BY BHARAT FORGE WITH VOLUNTARY MODIFICATIONS
Source text: [ID:]
Further company coverage: BFRG.NS
(([email protected];;))
April 22 (Reuters) - Bharat Forge Ltd BFRG.NS:
INDIA COMPETITION WATCHDOG: APPROVES ACQUISITION OF AAM INDIA MANUFACTURING CORP BY BHARAT FORGE WITH VOLUNTARY MODIFICATIONS
Source text: [ID:]
Further company coverage: BFRG.NS
(([email protected];;))
April 15 (Reuters) - India's auto shares jumped 3% on Tuesday, led by gains in auto parts makers after U.S. President Donald Trump suggested he might grant exemptions on auto-related import tariffs.
Shares of India's biggest component maker by market capitalisation, Samvardhana Motherson SAMD.NS, jumped 7%, while other U.S.-reliant parts makers Bharat Forge BFRG.NS and Sona BLW SONB.NS rose over 6% each.
Tata Motors, whose luxury unit Jaguar Land Rover (JLR), gets about a quarter of its sales from the U.S., rose 5% on the day.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala)
(([email protected]; Mobile: +91 9591011727;))
April 15 (Reuters) - India's auto shares jumped 3% on Tuesday, led by gains in auto parts makers after U.S. President Donald Trump suggested he might grant exemptions on auto-related import tariffs.
Shares of India's biggest component maker by market capitalisation, Samvardhana Motherson SAMD.NS, jumped 7%, while other U.S.-reliant parts makers Bharat Forge BFRG.NS and Sona BLW SONB.NS rose over 6% each.
Tata Motors, whose luxury unit Jaguar Land Rover (JLR), gets about a quarter of its sales from the U.S., rose 5% on the day.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala)
(([email protected]; Mobile: +91 9591011727;))
Updates share levels throughout, adds background, milestones, brokerage ratings in paragraphs 5-9
April 7 (Reuters) - Shares of India's Tata Motors TAMO.NS sank 10% on Monday, set for their worst day in over three years, as its luxury car unit Jaguar Land Rover paused exports of its British-made cars to the U.S. after President Donald Trump's 25% tariff came into effect.
The slide on the day has taken the stock's tumble to 22% since Trump announced the import duties on March 26. In that period the benchmark Nifty 50 .NSEI has dropped 6.3%, including a 4% slump on the day.
The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows.
The U.S. was one of JLR's only growth markets last year and accounts for more than a quarter of its global sales of Range Rover Sports, Defenders and other models.
JLR's sales, in turn, account for two-thirds of Tata Motors' revenue and a significant part of its profit and cash flow.
That has made Tata Motors one of the biggest losers among auto stocks since the tariffs were announced, with its 22% slide more than double the roughly 10% drop in the broader auto .NIFTYAUTO index.
Besides Tata, the other carmakers in the 15-member auto index do not export to the U.S. However, the index includes many component makers that have an indirect exposure, such as Bharat Forge BFRG.NS, which supplies Tesla TSLA.O.
Bharat Forge's stock also tumbled about 10% on the day.
Brokerage CLSA said in a note last week that it expects a 14% drop in JLR's overall volumes in the fiscal year to March 2026, led by a 26% drop in U.S. sales on the back of tariffs.
Analysts still rate Tata's stock "buy" on average, according to data compiled by LSEG, similar to its Indian peers.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Savio D'Souza)
(([email protected]; Mobile: +91 9591011727;))
Updates share levels throughout, adds background, milestones, brokerage ratings in paragraphs 5-9
April 7 (Reuters) - Shares of India's Tata Motors TAMO.NS sank 10% on Monday, set for their worst day in over three years, as its luxury car unit Jaguar Land Rover paused exports of its British-made cars to the U.S. after President Donald Trump's 25% tariff came into effect.
The slide on the day has taken the stock's tumble to 22% since Trump announced the import duties on March 26. In that period the benchmark Nifty 50 .NSEI has dropped 6.3%, including a 4% slump on the day.
The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows.
The U.S. was one of JLR's only growth markets last year and accounts for more than a quarter of its global sales of Range Rover Sports, Defenders and other models.
JLR's sales, in turn, account for two-thirds of Tata Motors' revenue and a significant part of its profit and cash flow.
That has made Tata Motors one of the biggest losers among auto stocks since the tariffs were announced, with its 22% slide more than double the roughly 10% drop in the broader auto .NIFTYAUTO index.
Besides Tata, the other carmakers in the 15-member auto index do not export to the U.S. However, the index includes many component makers that have an indirect exposure, such as Bharat Forge BFRG.NS, which supplies Tesla TSLA.O.
Bharat Forge's stock also tumbled about 10% on the day.
Brokerage CLSA said in a note last week that it expects a 14% drop in JLR's overall volumes in the fiscal year to March 2026, led by a 26% drop in U.S. sales on the back of tariffs.
Analysts still rate Tata's stock "buy" on average, according to data compiled by LSEG, similar to its Indian peers.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Savio D'Souza)
(([email protected]; Mobile: +91 9591011727;))
Rewrites throughout to include Indian auto parts makers, global peers' share moves
March 27 (Reuters) - India's Tata Motors TAMO.NS and the country's auto parts makers that supply Tesla TSLA.O, among others, dropped on Thursday after U.S. President Donald Trump announced plans for 25% tariffs on all imported cars and auto parts.
Tata Motors slid 5%, while Tesla's biggest Indian supplier, Sona Comstar SONB.NS, dropped over 4%, leading to a 1.2% drop in the auto sector .NIFTYAUTO in the world's third-largest auto market.
The 25% tariffs on cars and light trucks imported into the U.S. will start on April 2, while tariffs on auto parts will take effect from May 3. The news rocked the auto sector globally, with Tesla CEO Elon Musk saying the impact on the EV maker is "significant."
The U.S. is a top destination for Tata Motors-owned Jaguar Land Rover's (JLR) luxury cars, which are imported from plants in the UK and Slovakia.
Among other stocks, Samvardhana Motherson SAMD.NS, India's biggest auto parts supplier, fell over 2%, while Bharat Forge BFRG.NS, which also supplies Tesla, was down 0.4%.
The U.S., Samvardhana's top market along with India, accounts for 20% of its total revenue. North America, led by the U.S., forms a steeper 40% of Sona Comstar's revenue.
The day's decline also mirrors share moves of larger global carmakers, from Toyota 7203.T and Hyundai 005380.KS, to Stellantis STLAM.MI and Ford F.N, all of which fell after Trump's announcement.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Savio D'Souza)
(([email protected]; Mobile: +91 9591011727;))
Rewrites throughout to include Indian auto parts makers, global peers' share moves
March 27 (Reuters) - India's Tata Motors TAMO.NS and the country's auto parts makers that supply Tesla TSLA.O, among others, dropped on Thursday after U.S. President Donald Trump announced plans for 25% tariffs on all imported cars and auto parts.
Tata Motors slid 5%, while Tesla's biggest Indian supplier, Sona Comstar SONB.NS, dropped over 4%, leading to a 1.2% drop in the auto sector .NIFTYAUTO in the world's third-largest auto market.
The 25% tariffs on cars and light trucks imported into the U.S. will start on April 2, while tariffs on auto parts will take effect from May 3. The news rocked the auto sector globally, with Tesla CEO Elon Musk saying the impact on the EV maker is "significant."
The U.S. is a top destination for Tata Motors-owned Jaguar Land Rover's (JLR) luxury cars, which are imported from plants in the UK and Slovakia.
Among other stocks, Samvardhana Motherson SAMD.NS, India's biggest auto parts supplier, fell over 2%, while Bharat Forge BFRG.NS, which also supplies Tesla, was down 0.4%.
The U.S., Samvardhana's top market along with India, accounts for 20% of its total revenue. North America, led by the U.S., forms a steeper 40% of Sona Comstar's revenue.
The day's decline also mirrors share moves of larger global carmakers, from Toyota 7203.T and Hyundai 005380.KS, to Stellantis STLAM.MI and Ford F.N, all of which fell after Trump's announcement.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Savio D'Souza)
(([email protected]; Mobile: +91 9591011727;))
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What does Bharat Forge do?
Bharat Forge Limited is a global leader in metal forming serving multiple sectors such as Automotive, Railways, Aerospace, Marine, Oil & Gas. It manufactures and sells forged components for domestic and international markets.
Who are the competitors of Bharat Forge?
Bharat Forge major competitors are Endurance Tech., PTC Industries, TVS Holdings, CIE Automotive India, Maharashtra Scooters, Ramkrishna Forgings, Kirloskar Ferrous. Market Cap of Bharat Forge is ₹98,582 Crs. While the median market cap of its peers are ₹15,230 Crs.
Is Bharat Forge financially stable compared to its competitors?
Bharat Forge seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Bharat Forge pay decent dividends?
The company seems to pay a good stable dividend. Bharat Forge latest dividend payout ratio is 37.64% and 3yr average dividend payout ratio is 41.62%
How has Bharat Forge allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable
How strong is Bharat Forge balance sheet?
Balance sheet of Bharat Forge is strong. But short term working capital might become an issue for this company.
Is the profitablity of Bharat Forge improving?
The profit is oscillating. The profit of Bharat Forge is ₹733 Crs for TTM, ₹1,080 Crs for Mar 2026 and ₹941 Crs for Mar 2025.
Is the debt of Bharat Forge increasing or decreasing?
Yes, The net debt of Bharat Forge is increasing. Latest net debt of Bharat Forge is ₹4,883 Crs as of Mar-26. This is greater than Mar-25 when it was ₹3,669 Crs.
Is Bharat Forge stock expensive?
Yes, Bharat Forge is expensive. Latest PE of Bharat Forge is 139, while 3 year average PE is 63.28. Also latest EV/EBITDA of Bharat Forge is 35.25 while 3yr average is 25.92.
Has the share price of Bharat Forge grown faster than its competition?
Bharat Forge has given lower returns compared to its competitors. Bharat Forge has grown at ~15.63% over the last 9yrs while peers have grown at a median rate of 19.89%
Is the promoter bullish about Bharat Forge?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Bharat Forge is 44.07% and last quarter promoter holding is 44.07%.
Are mutual funds buying/selling Bharat Forge?
The mutual fund holding of Bharat Forge is decreasing. The current mutual fund holding in Bharat Forge is 20.74% while previous quarter holding is 21.05%.