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BHARATFORGNSEBharat Forge Limited· Auto ComponentsHighNeutral
Announced Mon, 2 Feb, 2026 · 13:59 IST

Bharat Forge to dilute 23% in JS Auto to Premji Invest for around Rs 300 cr

Listed-company acquisitionMarquee JV announcedStrategic Transactions View source PDFExplain this filing

BHARATFORG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.2%Reaction day
₹1445.00
prior close
₹1416.20
announcement price
In-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.1%+0.9% vs market
Auto Components & Equipments peers, median of 110sector-0.5%+0.3% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Midcap 150 and 0.3 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.0
10m
-0.0
15m
+0.5
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.2-1.1+0.9-0.5+0.3
Next day
+6.5+1.8+4.8+3.4+3.1
2d
+10.4+2.4+8.0+5.2+5.2
3d
+8.5+2.1+6.4+4.7+3.8
4d
+7.3+2.0+5.3+3.4+3.9
5d
+10.0+3.6+6.3+6.7+3.3
1w
+15.6+4.1+11.6+8.2+7.5
15d
+26.9+1.8+25.1+4.6+22.3
1m
+30.6-0.1+30.7+1.0+29.6
2m
+14.1-7.8+22.0-7.7+21.8
3m
+27.8+3.1+24.7+5.1+22.7
UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 110Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bharat Forge and step-down subsidiary JS Auto will issue equity shares and CCPS worth around Rs 300 crores to PI Opportunities Fund I Scheme II, an affiliate of Premji Invest Group, giving it 23% stake on fully diluted basis. JS Auto contributed 4.61% of consolidated revenue and 2.51% of net worth to BFL in FY25. Deal expected to close by March 31, 2026, subject to closing conditions. Includes a non-compete on Indian ferrous casting outside JS Auto. No impact on BFL management or control.

Likely market impact

Validates JS Auto value with marquee investor; inflows at subsidiary level; non-compete may limit BFL flexibility in Indian ferrous casting.