BHARATFORG CMP 1330. TARGET 1352, SL 1322

BHARATFORG CMP 1330. TARGET 1352, SL 1322

Last week, the stock price of Bharat Forge hit a high of Rs.1362 in a first half of the trading session. Now, the stock is in corrective mode technically. A fibonacci retracement can be considered upto Rs.1323. Potential target price could be today’s high price registered. Taking current market price of Rs.1330, the risk-reward ration comes favourable.

The Defence Research and Development Organisation (DRDO) has transferred nine advanced technologies to ten Indian industries to accelerate manufacturing, reduce import dependence, and strengthen the link between research and production.

This premier defence research organisation stated that this step advances DRDO’s vision of building a robust defence industrial ecosystem involving both public and private players.

Bharatforge has mounted Gun System, which enables soldiers to operate heavy firepower while remaining mobile and protected, has been licensed to Bharat Forge. According to DRDO, the Mounted Gun System (MGS) offers rapid deployment, shoot-and-scoot capability, and a maximum firing range of 45 km. Designed for both desert and high-altitude operations, it ensures high accuracy and supports swift movement with mechanized forces.

Company background

1. Forging & Auto Components

• The world’s largest single-location forging facility, providing critical components like front axle beams, steering knuckles, connecting rods, crankshafts and more.
• Supplies top global OEMs—covering passenger cars, commercial vehicles, and two/three-wheelers. Leading exporter in its segment.

🚗 2. Diversified Industrial Sectors

• Expanding into energy, oil & gas, railways, marine, and construction & mining through specialized castings and forgings
• Heavy industry products: forged parts for turbines, pipes, valves, and pump equipment

✈️ 3. Aerospace & Defence

• One of India's top aircraft compressor and turbine manufacturers, producing fan blades, structural airframe parts, and landing gear—certified by AS9100, NADCAP, Boeing, and Rolls-Royce.
• Defence arm (Kalyani Strategic Systems) delivers artillery systems (e.g. ATAGS howitzer), armoured vehicles, unmanned systems, and air defence subsystems — exporting globally with a growing $600 M order book

🌱 4. E-Mobility & Lightweighting

• Developing lighter materials and powertrain components tailored for electric vehicles. Established an EV R&D centre at MIRA, UK
• Has overseas forging operations, including a dedicated aluminium press plant in North Carolina, USA.

🌐 5. Global & High-Tech Manufacturing

• 15 global manufacturing units across India, North America, and Europe—total capacity ≈ 750,000 TPA of steel forging and aluminum casting.
• Implements Industry 4.0 digitalization with AI, IoT, and predictive analytics to boost efficiency and quality.

💡 6. Innovation & Sustainability

• Strong focus on R&D, owning in-house simulation, testing, and verification labs.
• Committed to green manufacturing: uses renewables (solar, wind), recycles materials, and develops eco-friendly processes.