Bharat Forge stock falls 9% after Q1 results

Bharat Forge shares fell 8.57% to ₹2,071 after Q1 results showed a consolidated net loss of ₹90 crore, impacted by a ₹358 crore exceptional loss. Revenue rose 18.7% YoY to ₹4,640 crore, while EBITDA increased to ₹709.4 crore, below estimates. The board also approved a ₹2,500 crore fund raise to support growth and investments.