Bharat Forge Q2: Shares fall after co flags weak overseas biz, maintains 20-25% FY27 India manufacturing growth outlook

Bharat Forge maintained its expectation of 20-25% revenue growth in FY27 for its Indian manufacturing business. The company said manufacturing of the Advanced Towed Artillery Gun System (ATAGS) would begin in FY27, with revenue recognition expected to start from the beginning of FY28.