Announced Fri, 19 Jun · 18:18 IST
Bharat Forge wins Rs 425 Crore defence contract for Navy gas turbine generators
Compliance View source PDF
BHARATFORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.6%1-day move
₹2045.70
prior close
₹2060.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.7-0.6-0.6+4.6+4.1+4.9+7.7+5.1+5.1+3.4+6.7——
Up moveDown movePending
AI summary
Bharat Forge signed a Rs 425 crore contract with the Ministry of Defence to supply 1.25 MW Gas Turbine Generators for Indian Navy Kolkata class ships. Execution over 5 years. Marks BFL's entry into the marine gas turbine business and delivers the first indigenous GT-based power plant for Indian Naval ships. Awarded under Buy (Indian) category of DAP-2020. BFL will set up a dedicated Integration and Test facility.
Likely market impact
Positive: Major defence order, entry into marine gas turbine segment, boosts revenue visibility over 5 years, strengthens Make-in-India credentials.