What lifted the bharat forge share price today?

The move was supported by India’s ₹2,770 crore MoD carbine contract involving Bharat Forge and PLR Systems, which boosts order-book visibility for about five years. Price also benefited from strong volumes and a close above key moving averages, keeping near the 52‑week zone and attracting momentum interest.

How large is the MoD carbine contract for Bharat Forge?

The CQB carbine deal is part of ₹4,666 crore signings. The carbine component is ₹2,770 crore for 4.25 lakh units. Bharat Forge will manufacture 60% of the quantity over about five years, improving defence revenue visibility and supporting the Make in India defence agenda.

Is BHARATFORG.NS valuation demanding now?

Yes. The stock trades at 64.16x TTM EPS, 4.50x sales, and 7.34x book, with a 0.59% dividend yield. These levels imply high expectations and limited margin for execution slips. Investors should watch earnings growth, margin trends, and order conversion to justify the current multiples.

Key technical levels for the bharat forge share price this week?

Immediate resistance is near ₹1,471 (Bollinger upper) and ₹1,483 (Keltner upper). Supports sit around ₹1,420 (middle band) and ₹1,369 (lower band). ATR of 28.44 indicates a typical 2% daily swing. RSI at 63 suggests bullish momentum that is not yet overbought.

What upcoming events could move the stock?

Execution updates on the MoD carbine contract, progress at the PLR Systems JV, and defence order inflows are key. The next earnings date is 12 February 2026, where commentary on the defence mix, margins, and order-book conversion could guide near-term sentiment and valuation.

Law and Government

BHARATFORG.NS Stock Today: MoD Carbine Order Lifts Outlook – January 1

ByHuzaifa Zahoor January 1, 2026January 1, 2026

The bharat forge share price firmed near its 52‑week zone after India’s Defence Ministry signed a ₹2,770 crore CQB carbine contract with Bharat Forge and PLR Systems. At last close, BHARATFORG.NS stood at ₹1,470.40, up 1.71% day-on-day, with momentum supported by strong volumes. The order lifts order-book visibility for about five years and strengthens the Make in India defence narrative. Below, we break down contract specifics, price levels, fundamentals, and key catalysts Indian investors should track this week.