Bharat Forge: Stock jumps after signing MoU with Windracers for UAV operations in IndiaBharat Forge: Stock jumps after signing MoU with Windracers for UAV operations in India

Introduction

Leading forging and advanced engineering company partners with a UK-based drone manufacturer to deploy and localize heavy-lift UAVs in India, supporting defence, logistics, and strategic aerospace operations across diverse terrains.

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Share price movement of Bharat Forge

On September 12, 2025, Bharat Forge Ltd opened at ₹1,230.00, up 1.53% from its previous close of ₹1,211.40. The stock reached a high of ₹1,235.60 (2.03%) and a low of ₹1,215.00. By 11:43 AM, it traded at ₹1,229.00, a 1.45% increase, with a market cap of ₹58,757.09 crore.

Bharat Forge and Windracers Sign UAV Collaboration MoU

Bharat Forge Limited and Windracers Limited have signed a Memorandum of Understanding at DSEI UK 2025 to collaborate on deployment, localisation, and application of Windracers ULTRA UAVs across India.

The initial two-year MoU focuses on joint trials, technology transfer, and developing a definitive agreement for UAV operations. The partnership supports India-UK Vision 2035 and the UK-India Free Trade Agreement.

Windracers ULTRA UAVs, capable of six to seven-hour endurance missions, will support Indian military and civil sectors, including the Navy, Army, and Air Force, operating in diverse environments across India.

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

Bharat Forge Ltd delivered a 6.62% return over the past week, it gained 16.6% in the past six months. The stock declined 23.8% over the past year.

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Shareholding pattern of Bharat Forge

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	44.10%	44.10%	44.10%
FII	14.40%	16.10%	17.90%
DII	31.40%	30.40%	28.50%
Public	10.20%	9.50%	9.60%

About Bharat Forge

Bharat Forge Ltd (NSE: BHARATFORG), a Pune-based multinational, provides high-performance components across automotive, defence, aerospace, and industrial sectors, with 18 global manufacturing locations offering end-to-end design, engineering, testing, and supply 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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