Bharat Forge share rises over 5% after firm wins order from defence ministry
The stock touched an intraday high of Rs 620, rising 5.41% against the previous close. Bharat Forge stock has gained after three days of consecutive fall
BusinessToday.In | February 23, 2021 | Updated 16:13 IST
Bharat Forge share has gained 25.43% in one year and 15.7% since the beginning of this year.
Share of Bharat Forge rose over 5 per cent on Tuesday after the company won an order worth Rs 178 crore. Bharat Forge received an order worth Rs 177.95 crore from the Ministry of Defence for supply of Kalyani M4 vehicles.
The firm inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country.