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  1. Bharat Forge shares trade higher as firm signs MoU with German Agile Robots for AI industrial automation

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Bharat Forge shares trade higher as firm signs MoU with German Agile Robots for AI industrial automation

Upstox

3 min read | Updated on January 09, 2026, 09:57 IST

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SUMMARY

Bharat Forge said that the collaboration will see the deployment of cutting-edge solutions for the automotive, healthcare, and consumer electronics industries.

Stock list

At 9:56 AM, Bharat Forge shares were trading at ₹1,462.90 apiece on NSE, rising 0.61%. | Image: Shutterstock

At 9:56 AM, Bharat Forge shares were trading at ₹1,462.90 apiece on NSE, rising 0.61%. | Image: Shutterstock

Shares of Bharat Forge were trading higher in the early trades on Friday, January 9, as the defence firm signed a memorandum of understanding (MoU) with Germany-based Agile Robots S.E. to advance AI industrial automation.
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In a regulatory filing dated January 8, the flagship company of the Kalyani Group said that it agreed to jointly explore a strategic collaboration in the AI-driven robotics and intelligent industrial automation space with Agile Robots S.E.

It added that the Indo-German partnership will be focused exclusively on civilian industry and manufacturing.

Under the MoU, the two firms will co-develop, set up capabilities, and offer “bespoke solutions” in the manufacturing, industrial CPG, and logistics spaces, including existing solutions from Agile Robots for the Indian and Southeast Asian markets.

Furthermore, they will develop and deploy “state-of-the-art vision” and AI-based robotic solutions as one of the strategic partners to enable a fully autonomous (“dark”) factory.

Commenting on the partnership, Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, said: “This strategic Collaboration with Agile Robots is a reinforcement of Bharat Forge’s ambition to provide state-of-the-art intelligent robotic and automation solutions across multiple industries while driving manufacturing efficiencies at home. Manufacturing in India is on a steep growth path, and I am very excited that with Agile Robots, we are going to deploy bespoke, modular, and intelligent automation solutions across the sectors.”

The Pune-based company stated that the collaboration will see the deployment of cutting-edge solutions for the automotive, healthcare, and consumer electronics industries, driven by its domain expertise and Agile Robots’ intelligent robots and automation solutions.

“By partnering with Bharat Forge, Agile Robots is strengthening its position in India's rapidly growing manufacturing sector. Combining Agile Robots’ proven leadership in AI driven robotic automation with Bharat Forge’s sectoral expertise will allow us to improve the efficiency and precision of entire production systems,” said Rory Sexton, Executive Director, Agile Robots.

Stock performance

Shares of Bharat Forge had gained nearly 1% to touch intraday high of ₹1,465 apiece on NSE. At 9:56 AM, the stock was trading at ₹1,462.90 per share, rising 0.61%.

The scrip has lost nearly 1% in the past week but gained about 6% over the month. On a year-to-date basis, it has advanced by over 16%.

While the share hit a 52-week high of ₹1,506.50 on January 6, 2026, it touched a year’s low of ₹919.10 per unit on April 7, 2025.

Bharat Forge has a total market capitalisation of ₹69,456.72 crore, as of January 8, 2026, according to data on the NSE.

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