Bharat Forge

June 19 (Reuters) -

• INDIA GOVERNMENT: SIGNED 4.25 BILLION RUPEE CONTRACT WITH BHARAT FORGE FOR 12 INDIGENOUS 1.25 MW MARINE GAS TURBINE GENERATORS FOR NAVY

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];))

Corrects company names, RICs in paragraph 2

NEW DELHI, May 27 (Reuters) - India has sought initial proposals to manufacture a fifth generation combat aircraft from three short-listed bidders, news agency ANI reported on Wednesday citing defence officials.

The bidders are Larsen and Toubro LART.NS-Bharat Electronics BAJE.NS, Tata Advanced Systems, and Bharat Forge BFRG.NS-BEML BEML.NS, it said, all of them Indian companies.

(Reporting by Hritam Mukherjee; Editing by YP Rajesh)

(([email protected]; @MukherjeeHritam;))

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 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 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 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 12 (Reuters) - Bharat Forge Ltd BFRG.NS:

• BHARAT FORGE Q3 CONSOL PROFIT 2.73 BILLION RUPEES

• BHARAT FORGE Q3 CONSOL REVENUE FROM OPERATIONS 43.43 BILLION RUPEES

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 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 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];;))

Sept 11 (Reuters) - Bharat Forge Ltd BFRG.NS:

• BHARAT FORGE LTD - GRADEONE AND KALYANI SIGN CONTRACT FOR ARTILLERY SPARE PARTS

Source text: ID:nBSEb8JTYm

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];;))

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

** 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];;))

Adds details, background from paragraph 4

April 15 (Reuters) - India's auto shares jumped more than 3% on Tuesday and were set for their best day since early January, after U.S. President Donald Trump suggested he might grant exemptions on auto-related import tariffs.

Speaking on Monday at the White House, Trump said he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places. Those tariffs could raise the costs of a car by thousands of dollars, and Trump said car companies "need a little bit of time because they're going to make 'em here."

Shares of auto parts makers rose the most on the auto index .NIFTYAUTO, which was last up 3.3%.

Samvardhana Motherson SAMD.NS, India's biggest component maker by market capitalisation, jumped 7.7%, while Bharat Forge BFRG.NS and Sona BLW SONB.NS rose around 6% and 7.3%, respectively.

Tata Motors, whose luxury unit Jaguar Land Rover (JLR) gets about a quarter of its sales from the U.S., rose 5%. It was the second-biggest winner on the auto index and among the biggest winners on the blue-chip Nifty 50 .NSEI, which was up over 2%.

The 15-member auto index, which had fallen nearly 11% since Trump announced his auto tariffs on March 26, has since narrowed the decline to 2.5%.

U.S.-reliant auto stocks pared their losses to between 6% and 12%, with Samvardhana posting the smallest loss and Tata Motors recording the steepest drop.

Trump's latest comments came days after he said he would pause "reciprocal" tariffs imposed on dozens of countries for 90 days.

Nomura said in a note on Friday they expect Indian suppliers to benefit from the pause on tariffs, as U.S. automakers look to source parts outside of China amid tit-for-tat tariffs between Washington and Beijing.

Ten of the 15 Nifty auto stocks are rated "buy" on average, with the rest rated "hold", according to data compiled by LSEG.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala and Varun H K)

(([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;))

March 26 (Reuters) -

• INDIA GOVERNMENT: DEFENCE MINISTRY SIGNS CONTRACTS WITH BHARAT FORGE, TATA ADVANCED SYSTEM TO BUY ARTILLERY GUNS AND GUN TOWING VEHICLES FOR 69 BILLION RUPEES

Further company coverage: BFRG.NS

(([email protected];))

** Bharat Electronics Ltd (BEL) BAJE.NS up 3%, while L&T LART.NS and Bharat Forge BFRG.NS up ~2%

** Brokerages list the trio as likely beneficiaries on approval of India's $6 billion defence purchases

** Macquarie says companies across the value chain should benefit; sees BEL and L&T as top picks in sector

** Bharat Forge, says Morgan Stanley, should get $535 mln rev from 307 advanced towed artillery gun systems (ATAGS) purchases

** BEL shares up 3.5% YTD, while Nifty 50's .NSEI is off 0.3%; Bharat Forge has dropped 7.3%, exchange data shows

** L&T's days gains helped by Qatar Energy project win; still stock is down ~4% YTD

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))