Bharat Forge signs largest-ever CQB Carbine contract with MoD, details insideBharat Forge signs largest-ever CQB Carbine contract with MoD, details inside

Introduction

Leading defence manufacturer secured a Rs. 1,661.9 crore contract from the Indian Ministry of Defence to supply 255,128 indigenously developed CQB Carbines to the Indian Army over five years.

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Share price movement of Bharat Forge

On December 31, 2025, Bharat Forge Ltd opened at ₹1,490.00, up 2.44% from its previous close of ₹1,454.90. The stock reached a high of ₹1,491.95 (2.57%) and a low of ₹1,454.20. By 11:29 AM, it traded at ₹1,467.05, a 0.84% increase, with a market cap of ₹70,137.99 crore.

Bharat Forge Secures Rs 1,662 Crore Defence Contract

Bharat Forge Limited (BFL) has signed a Rs. 1,661.9 crore contract with the Indian Ministry of Defence to supply 255,128 CQB Carbines (5.56 x 45 mm) to the Army.

The contract was signed on December 30, 2025, and is scheduled for execution over five years, marking BFL’s largest small arms order to date from the Indian MoD.

The 5.56 x 45 mm CQB Carbine is an indigenously designed and developed firearm by ARDE, DRDO, and BFL, supporting the Atmanirbhar Bharat mission and manufacturing advanced defence equipment in India.

Stock performance of Bharat Forge for Period of 1 week, 6 months, and 1 year

Bharat Forge Ltd delivered a 0.28% return over the past week, gained 10.7% in the past six months, and increased 11.9% over the past year.

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Shareholding pattern of Bharat Forge

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	44.10%	44.10%	44.10%
FII	13.60%	14.40%	16.10%
DII	32.30%	31.40%	30.40%
Public	10.10%	10.20%	9.50%

About Bharat Forge

Bharat Forge Ltd (NSE: BHARATFORG) manufactures and sells forged and machined components for the automotive and industrial sectors, serving domestic and international clients with advanced engineering solutions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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