Bharat Forge shares jump over 2% after Rs 1,662 crore contract win from Defence Ministry

Bharat Forge has hit a milestone, with shares soaring to a 52-week peak following the announcement of a landmark contract. The company is set to deliver 255,128 Close Quarter Battle Carbines to the Indian Army in an impressive deal worth Rs 1,661.9 crore, marking its largest small arms contract to date.