Why did Bharat Forge share price rise today?

It gained as traders priced in visibility from the MoD carbine contract and strong volume. Price closed near Rs 1,470 with intraday liquidity more than double average. Technicals were supportive, with RSI above 60 and price above 50-day and 200-day moving averages. Execution updates may drive the next leg.

How big is the impact of the CQB carbines order on revenue?

Bharat Forge’s expected share is about 60% of Rs 2,770 crore, or roughly Rs 1,662 crore over five years. That is around Rs 330–350 crore per year, close to 2% of the FY24 revenue base. The mix may also aid margins, subject to localisation and testing milestones.

What are the key technical levels to monitor now?

Today’s low near Rs 1,455 and the high around Rs 1,490.9 frame the immediate range. The upper Bollinger band is at Rs 1,471.24, and ATR of 28.44 suggests about 2% daily swings. Price remains above the 50-day Rs 1,384 and 200-day Rs 1,243 moving averages, which act as trend supports.

Is Bharat Forge a pure defence play?

No. It remains a diversified manufacturer with large auto, industrial, and energy exposure. Defence is a growing vertical that can improve utilisation and margin resilience. The MoD carbine contract helps visibility, but core earnings still depend on broader manufacturing cycles and execution across multiple end markets.

Global Market Insights

BHARATFORG.NS Stock Today: December 31 – MoD Carbine Deal in Focus

ByHuzaifa Zahoor December 31, 2025December 31, 2025

Bharat Forge share price hovered near Rs 1,470 on 31 December as traders assessed the Ministry of Defence’s new CQB carbines order. The MoD carbine contract is Rs 2,770 crore, with 60% of production expected at the Kalyani group. We review how BHARATFORG.NS traded today, what technicals signal, and how the deal could shape earnings over five years. We also map the sector read-through for defence stocks India after fresh procurement momentum.