Bharat Forge jumps after bagging a ₹300 crore defence contract

Bharat Forge secured ₹300 crore EP-VI contracts for indigenous unmanned systems and loitering munitions for the Army and Navy. The win marks strategic diversification beyond automotive, strengthens its defence portfolio, and positions it well within India’s 'Atmanirbhar Bharat' defence ecosystem. Their shares have gained about 2% and reached a high at ₹1,477.50