BHARATFORG

buy on dips strategy we need to planned

Bharat Forge is currently around ₹2,043 as of 27 August 2026. The stock has recovered from the sharp post-Q1-result fall, but the ₹2,050–₹2,100 zone is important for the next directional move. 📊 Technical View CMP: ₹2,043 Immediate Support: ₹2,000–₹1,980 Major Support: ₹1,930–₹1,900 Immediate Resistance: ₹2,050–₹2,100 Major Resistance: ₹2,130–₹2,150 52-week high: ₹2,295 Chart structure: ₹2,000 is currently the key psychological support. If the stock sustains above ₹2,100, momentum can improve and ₹2,130–₹2,150 becomes the next zone to watch. On the other hand, a decisive break below ₹1,980 can bring selling pressure toward ₹1,930–₹1,900. 🔎 Fundamental Trigger Q1 FY27 was mixed. Consolidated revenue increased 18.7% YoY to ₹4,639.9 crore, but the company reported a ₹89.7 crore consolidated loss, largely because of exceptional restructuring charges related to its German subsidiary. The positive side is the defence business: the defence order book stood at approximately ₹11,196 crore, while Q1 defence orders included ₹681 crore. Management also retained a 20–25% FY27 growth outlook for Indian manufacturing operations.