By Admin 
Bharat forge share: The shares of Defense Sector company Bharat Forge in India saw a boom on Wednesday, June 18. With a boom of 1.9 percent, the price of Bharat Forge’s stock reached the Intrade High of Rs 1,325.05 at BSE. Till 10 am, its shares were trading at Rs 1,310.4 per share with a gain of 0.82 percent. The company’s market capitalization is Rs 62,648.73 crore. The highest price of the company’s 52-week was 1,826.2 per share and the minimum price of 52-week was 919.1 per share.
This is the reason for the rise in shares
There is a big deal behind this boom in the company’s shares. In fact, Bharat Forge, along with the Ministry of Defense, has signed a Memorandum of Understanding (MOU) with French company Turgis Galard. Under this, AAROK unmanned air vehicle (UAV) will be supplied to the country’s army. The agreement between Turgis Galard and Bharat Forge will promote India’s defense sector.
What is the specialty of Aarok drone?
Please tell that Aarok drone is very dangerous. Both Bharat Forge and Turgis Galard will make it together. It can fly for more than 20 hours with a speed of 450 kilometers per hour in the air.
It can keep a close watch on every activity of the enemy by going to a height of 45,000 feet with a payload capacity of 1.5 tons of arms and can target enemies bunkers, air defense systems, military bases when needed.
In this, advanced radar and electromagnetic sensor will also help in protecting it from enemies. There is no strong information about its price at the moment, but experts believe that the price of an Aarok drone can sit between 50 and 100 crores.
What does the company do?
Pune -based India’s multi -national company Bharat Forge provides high quality, high performance, innovative safety components and solutions for all sectors like automotive, electricity, oil and gas, construction and mining, rail, marine, defense and aerospace.
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