Bharat Forge schedules analyst meeting on June 24

0 min read Updated on 24 Jun 2026, 01:44 AM

Reviewed by

Riya DScanX News Team

AI Summary

Bharat Forge has scheduled a virtual meeting with analysts and institutional investors for June 24, 2026. The company will engage with Canara Robeco Asset Management in a one-on-one format. The interaction is subject to change due to potential logistical conflicts or exigencies.

*this image is generated using AI for illustrative purposes only.

The meeting will be conducted virtually from Pune. Bharat Forge stated that it does not intend to discuss any unpublished price sensitive information during these interactions. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Schedule

Sr. No	Date	Investor/Event	Type of Meeting	Venue
1.	June 24, 2026	Canara Robeco Asset Management	Virtual (1 x 1)	Pune

Historical Stock Returns for Bharat Forge

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.06%	+5.45%	+13.05%	+47.90%	+65.62%	+191.66%

What strategic topics are likely to dominate the agenda given the meeting is scheduled for 2026?

How might this engagement influence Canara Robeco's investment stance on Bharat Forge?

Could this meeting signal upcoming shifts in Bharat Forge's long-term business strategy?

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Bharat Forge Wins ₹425 Crore MoD Deal to Supply 12 Marine GTGs to Indian Navy

1 min read Updated on 22 Jun 2026, 05:39 AM

Reviewed by

Riya DScanX News Team

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AI Summary

Bharat Forge has secured a ₹425 Crore contract from the Ministry of Defence to supply 12 Marine Gas Turbine Generators (1.25 MW each) to the Indian Navy for Kolkata class ships, to be executed over 5 years under the Buy (Indian) category of DAP-2020. The deal marks the company's entry into the marine gas turbine business and will deliver the first indigenous GT-based power plant aboard Indian Naval ships, with Bharat Forge also establishing a dedicated Integration and Test facility for GTGs.

*this image is generated using AI for illustrative purposes only.

Bharat Forge Limited has secured a ₹425 Crore contract from the Ministry of Defence (MoD) to supply 12 Marine Gas Turbine Generators (GTGs) to the Indian Navy. The agreement, signed on June 19, 2026, involves the supply of 1.25 MW units for onboard power generation on Kolkata class ships. The contract will be executed over a period of 5 years.

The new GTGs will replace lower capacity units currently in service. Awarded under the Buy (Indian) category of the Defence Acquisition Procedure 2020 (DAP-2020), the contract marks Bharat Forge's entry into the marine gas turbine (GT) business. It will deliver the first indigenous GT-based power plant to operate aboard Indian Naval ships.

Strategic Expansion and Capabilities

As part of this initiative, Bharat Forge will establish a dedicated Integration and Test facility for GTGs. The company will also participate in design and development programs for larger power plants and propulsion GTs. These capabilities are intended to serve the broader needs of the Indian armed forces through local production. The company stated that these manufacturing capabilities would ensure complete sovereignty on maintenance and overhaul operations of GTs and GTGs.

Contract Details

The following table summarises the key parameters of the contract:

Parameter:	Details
Contract Value:	₹425 Crore
Duration:	5 years
Equipment:	Marine Gas Turbine Generators (GTGs)
Number of Units:	12
Capacity:	1.25 MW
Recipient:	Indian Navy (Kolkata class ships)
Procurement Category:	Buy (Indian) DAP-2020