Bharat Forge inks contract with Ministry of Defence for supply of artillery systems

Bharat Forge Ltd. | Forgings | Automobiles | BSE: 500493 | NSE: BHARATFORG

27 Mar 2025 Evaluate

Bharat Forge has inked the largest domestic contract of 184 indigenously developed Artillery Systems with the Ministry of Defence. This accounts to 60% of the Rs 6900 crore procurement by the Ministry of Defence. The Advanced Towed Artillery Gun System (ATAGS) jointly developed with DRDO is the most advanced 155/52 mm calibre artillery system.

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	1928.90
Ramkrishna Forgings	714.30
MM Forgings	627.05
Happy Forgings	2152.25
Balu Forge Inds.	527.90
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