Pune, December 31, 2025
Bharat Forge Limited (NSE: BHARATFORG | BSE: 500493) has signed a major defence supply contract valued at Rs 1,661.9 crore for the manufacture and delivery of Close Quarter Battle (CQB) Carbines to the Indian Army, strengthening its position in India’s indigenous defence manufacturing ecosystem.
Contract Details and Scope
Under the agreement, Bharat Forge will supply 255,128 indigenously designed and developed CQB Carbines (5.56 x 45 mm). The contract was signed on December 30, 2025, with execution scheduled over a five-year period.The order has been awarded by the Ministry of Defence, Government of India, and pertains exclusively to domestic supply. Given the nature of the counterparty, the commercial terms of the contract remain confidential.
Key Highlights of the Order
| Particulars | Details |
|---|---|
| Contract Value | Rs 1,661.9 crore |
| Product | CQB Carbine (5.56 x 45 mm) |
| Quantity | 255,128 units |
| Customer | Ministry of Defence, Government of India |
| Execution Period | Five years |
| Nature of Contract | Domestic defence supply |
Shares of Bharat Forge Limited were trading at Rs 1,471.20 as of 12:37 PM IST on December 31, 2025, up Rs 16.60 or 1.14 percent from the previous close of Rs 1,454.60.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.