BHARATFORG

Fundamental View ✅ Bharat Forge continues to benefit from its diversified presence across automotive, defence, aerospace, industrial and export businesses. ✅ The company's defence business is becoming an increasingly important growth driver, reducing dependence on the traditional auto cycle. Recent developments in semiconductors and defence manufacturing also support long-term growth prospects. ✅ The stock is trading close to its 52-week high zone, reflecting strong investor confidence in future earnings growth. Technical View Immediate Support: 1,900–1,920 Strong Support: 1,840–1,880 Immediate Resistance: 2,030–2,045 Major Resistance: 2,070–2,090 Breakout Zone: Sustained closing above 2,045–2,050 may trigger fresh momentum