Bharat Forge jumps 10% on 100% export growth outlook & US deal
Bharat Forge Limited shares jumped up to 10% after Chairman Baba Kalyani projected exports to nearly double from $400 million to $800 million next year, aided by the India-US trade deal. Sequential export growth of 20-25% is expected, while defence exports stand at $30 million per quarter. Bharat Forge Limited also expects meaningful boost from the evolving trade policy framework.