MoneyWorks4Me

Bharat Forge’s arm bags two export orders worth around Rs 850 crore

21 Aug 2023 Evaluate

Bharat Forge’s wholly owned defence subsidiary -- Kalyani Strategic Systems (KSSL) has bagged two export orders aggregating to EURO 93.87 million (around Rs 850 crore) from friendly countries for supply of components and Armoured vehicle chassis to be executed over a 18 months’ timeframe. This is subject to necessary government approvals.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Peers
Company Name CMP
Bharat Forge 1874.00
Ramkrishna Forgings 686.00
MM Forgings 590.30
Happy Forgings 2079.00
Balu Forge Inds. 498.45
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