Company updateMoneycontrol
Bharat Forge to begin Army deliveries of India's first private-sector towed artillery gun
Positive+10
GreyOak summary
Bharat Forge will supply 184 Advanced Towed Artillery Gun Systems (ATAGS) to the Indian Army over four years, starting in Q1 FY27-28. This marks the first time a private sector company in India will deliver such a system. The order boosts the company's defence business, with expected margins of 20-22% for ATAGS.
What it affects
- Bharat ForgeBHARATFORGPositive +10
To begin Army deliveries of towed artillery gunsRolling sentiment Neutral +8
Source
Read the original at MoneycontrolMore Bharat Forge news
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