BUY Bharat Forge — ICICI Securities, 22 Jun 2026

BUYBharat Forge

Bharat Forge share price target & all analyst calls

byICICI SecuritiesHorizon: NA (inferred 1 year)22 Jun 2026via Institutional / Brokerage Research

Entry₹2,103.8Inferred

Target₹2,360

Total upside +12.18%

Stop lossNot given

CMP₹1,711.219h ago

Active-18.66%+37.91%upside left 8 mo left

Follow ICICI Securities for new calls(67% target hit, 1027 closed calls)Get alerts Watch BHARATFORG for new buy/sell callsGet alerts See 4 other Long-term calls on BHARATFORG See 274 other Long-term picks this week

Not investment advice; past performance doesn't guarantee future results. · Public beta — data is auto-extracted and may contain errors.

AI Assessment

Automated market context for this BUY call — facts from public sources, machine-classified. Not investment advice.

As of 24 Oct, 11:17 am IST

49 supporting21 neutral13 opposing

Supports the BUY call (49)

Long-term trend bullish — 200-day average rising over the past quarter

Technicals · trend·23 Oct · yesterday

Bharat Forge to invest ₹240 crore in defence arm, fund ammunition facility

NewsCnbc-Tv18·16 Oct · 1w ago

Bharat Forge will invest Rs 2,400 million in its subsidiary Kalyani Strategic Systems, which will further invest Rs 1,630 million into its subsidiary Agneyastra Energetics to set up an ammunition faci

NSE · Acquisition·16 Oct · 1w ago

The Delhi High Court dismissed an appeal by Mr. T K Jain, effectively upholding a previous order that set aside an arbitral award against the company.

BSE · Company Update·7 Oct · 2w ago

Bharat Forge has secured a long-term contract with Pratt & Whitney Canada to supply mission-critical aerospace engine components, to be manufactured at its facility in India.

BSE · Company Update·5 Oct · 3w ago

Neutral / worth noting (21)

The company provided an update regarding an investment in its wholly owned subsidiary.

BSE · Company Update·16 Oct · 1w ago

Weighs against the BUY call (13)

1 other SEBI-registered advisor has an active long-term SELL call on this stock

Advisor consensus · same horizon·11 Aug · 2mo ago

Factor classifications are AI-generated from exchange filings, verified news feeds and market data — they can be wrong or incomplete, and are not attributed to the issuing analyst. Verify every factor via its linked original before acting. This is not investment advice.

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