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  1. Bharat Forge shares in spotlight as its board approves availing rupee term loan up to ₹800 crore

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Bharat Forge shares in spotlight as its board approves availing rupee term loan up to ₹800 crore

Upstox

2 min read | Updated on March 04, 2026, 20:02 IST

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SUMMARY

Bharat Forge’s Investment Committee, at its meeting held on March 4, 2026, considered and approved availing an unsecured rupee term loan up to an amount of ₹800 crore.

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Bharat Forge shares

Bharat Forge has a total market capitalisation of ₹87,844.01 crore, as of March 4, 2026, according to data on the NSE. | Image: Bharatforge.com

Bharat Forge share price: Shares of defence firm Bharat Forge will be in the limelight on Thursday, March 5, as the company’s board of directors approved fundraising up to ₹800 crore via an unsecured rupee term loan.
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In a regulatory filing dated Wednesday, the Kalyani Group firm said that its Investment Committee considered and approved “availing of an unsecured rupee term loan up to an amount of ₹8,000,000,000/- (Rupees Eight Thousand Million Only) within the aforesaid overall limit approved by the Board.”

This fundraiser is part of Bharat Forge’s financial plan and follows the board of directors' decision at a meeting held on November 11, 2025, to give their in-principle approval to raise funds not exceeding ₹2,000 crore via term loans, non-convertible debentures, or any other debt instruments.

The board had further delegated the necessary authority to the Investment Committee to “evaluate, finalise and take such actions as may be required in connection with the aforesaid fund-raising.”

Bharat Forge Q3 results

The firm posted a 28% year-on-year (YoY) surge in its consolidated net profit to ₹272.8 crore for the third quarter that ended December 31, 2025 (Q3 FY26).

In the corresponding period of the last fiscal year, its net profit stood at ₹213 crore.

Bharat Forge’s revenue from operations increased 25% YoY to ₹4,343 crore for the quarter under review, compared to ₹3,476 crore in the third quarter of FY25.

Bharat Forge stock performance

Ahead of the fundraiser announcement, shares of Bharat Forge closed 2% lower at ₹1,841.80 per unit on the National Stock Exchange (NSE) on Wednesday.

The scrip has lost more than 3% in the past week but gained 15% over the month. On a year-to-date basis, it has advanced 25%.

While the share touched a 52-week high of ₹1,929.50 on March 2, 2026, it reached a year’s low of ₹919.10 apiece on April 7, 2025.

Bharat Forge has a total market capitalisation of ₹87,844.01 crore, as of March 4, 2026, according to data on the NSE.


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