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NSE:BHARATFORG 12 February 2026

Bharat Forge shares jump on Q3 results, Rs 2 interim dividend as Kalyani says “worst is behind us”

Bharat Forge shares jump on Q3 results, Rs 2 interim dividend as Kalyani says “worst is behind us”

Bharat Forge shares rose 4% after December-quarter consolidated revenue jumped 25% to 4,343 crore rupees and net profit climbed 28% to 273 crore. The board declared an interim dividend of 2 rupees per share, record date Feb. 18. Management cited new defence orders and easing overseas headwinds. Standalone net profit fell 17% to 288 crore rupees.

Stock Market Today

  • BlackSky Technology Valuation and $25M Defense Contract Impact
    April 23, 2026, 3:37 PM EDT. BlackSky Technology (BKSY) secured a multi-year US$25 million defense contract focused on advanced satellite imagery and AI analytics. The stock surged 46.58% in one month and 95.29% year-to-date, though its 5-year shareholder return remains negative. Priced at about US$1.44 billion, analysts set a consensus price target of $27.62, suggesting the current $40.66 share price is overvalued by 47.2%. They forecast revenues of $203.2 million and earnings of $15.6 million by 2029, with a high price-to-earnings ratio of 100.0x reflecting growth expectations. However, Simply Wall St's discounted cash flow model values the stock at $47.32, indicating potential undervaluation. Investors face risks from capital spending and contract-driven revenues tied to new satellite technologies.

Latest article

Figma Inc Sets May 14 Earnings Date as AI Competition, Board Changes Raise Stakes

Figma Inc Sets May 14 Earnings Date as AI Competition, Board Changes Raise Stakes

23 April 2026
Figma will report first-quarter results on May 14 after U.S. markets close, amid rising competition from AI-driven rivals like Anthropic and Adobe. Director Mamoon Hamid will not seek re-election, and Anthropic’s Mike Krieger resigned from the board April 14. Figma projected 2026 revenue above analyst estimates in February, but warned in filings that AI tools could pressure growth and margins. CEO Dylan Field controls 72.3% of voting power.
Meta Layoffs 2026: Company to Cut 8,000 Jobs in May as AI Spending Mounts

Meta Layoffs 2026: Company to Cut 8,000 Jobs in May as AI Spending Mounts

23 April 2026
Meta will cut about 8,000 jobs, or 10% of its workforce, starting May 20 and close 6,000 open roles. The company told investors 2026 capital spending could reach up to $135 billion as it expands AI infrastructure. Further layoffs may follow later in the year. Meta shares fell 2.3% after the announcement.
Salesforce Expands Google Cloud AI Partnership as CRM Stock Slides in Software Selloff

Salesforce Expands Google Cloud AI Partnership as CRM Stock Slides in Software Selloff

23 April 2026
Salesforce and Google Cloud expanded their AI partnership, adding integrations across Slack, Google Workspace, and Gemini Enterprise, with some features rolling out into late 2026. Salesforce shares fell about 9% Thursday amid renewed investor concerns over AI’s impact on software firms. Agentforce Sales entered open beta in Gemini Enterprise, while Gemini Enterprise in Slack remains in private preview. Over 1,400 customers are already using Gemini inside Agentforce.
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