Bharat Forge gains as its arm signs strategic partnership with AM General
Bharat Forge is currently trading at Rs. 2038.30, up by 19.60 points or 0.97% from its previous closing of Rs. 2018.70 on the BSE.
The scrip opened at Rs. 2048.60 and has touched a high and low of Rs. 2060.15 and Rs. 2025.00 respectively. So far 13202 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,060.15 on 19-Jun-2026 and a 52 week low of Rs. 1100.50 on 29-Aug-2025.
Last one week high and low of the scrip stood at Rs. 2,060.15 and Rs. 1,956.00 respectively. The current market cap of the company is Rs. 97195.42 crore.
The promoters holding in the company stood at 44.07%, while Institutions and Non-Institutions held 46.91% and 9.01% respectively.
Bharat Forge’s wholly owned defence subsidiary -- Kalyani Strategic Systems (KSSL) has signed a strategic partnership with AM General, a leading military vehicle mobile defense capabilities provider at Eurosatory defense exposition.
This strategic partnership between AM General and KSSL addresses the requirement of modern armies of the world in an evolving combat scenario equipping them with compact, robust, light weight, ruggedized, mobile, all weather, all terrain Next-Gen Mounted Artillery gun platforms, with a distinct competitive edge. There are numerous opportunities globally, and the partnership is intended to support broader allied distribution, positioning the platform as a scalable, exportable artillery solution for partner nations seeking modern, mobile, and survivable 155 mm fires capability.
Leveraging this strategic partnership, AM General has also offered a proposal to participate in the U.S Army Mobile Tactical Cannon (MTC) program. The proposal to the U.S. Government includes the development and delivery of a 155 mm MTC solution based on the mature, combat-relevant architecture of KSSL’s Mounted Artillery Gun platform, with delivery planned in 2027 upon its down-selection.
