Rangebound trading is expected to continue until the benchmark indices trade below the previous week’s high. Below are some short-term trading ideas to consider.
Timely India-centric strategy and de-risking business into non-auto segments augurs well in times of global trade tensions
Bharat Forge shares settled 4% higher at Rs 1,296 apiece on the NSE, after hitting an intraday high of Rs 1,311, up 5.44%.
The market trend remains positive, but consolidation cannot be ruled out after the sharp rally. Below are some short-term trading ideas to consider.
Motilal Oswal Mutual Fund bought 31.02 lakh shares of Bharat Forge at Rs 1,217.32 per share for Rs 377.7 crore, however, sold 7.37 lakh shares in DCX Systems at Rs 242.62 apiece for Rs 17.88 crore.
Stocks to Watch, 12 September: Stocks like Infosys, Canara Bank, Lodha Developers, Bharat Forge, Consolidated Construction Consortium, NBCC, JBM Auto, Marico, GMR Power, Travel Food Services, RailTel Corporation of India, and Prostarm Info Systems will be in focus on September 12.
India aims for Rs 3 lakh crore in defence production and Rs 50,000 crore in exports by 2029, setting the nation up as a reliable global defence partner, and Bharat Forge is leveraging on strategic partnerships and indigenous capabilities to increase its share in this business.
Stocks to watch, 05 September: Stock like Biocon, Zydus Lifesciences, NHPC, Sammaan Capital, Varun Beverages, Indo Tech Transformers, Bharat Forge, Yasho Industries, NTPC, RPP Infra Projects, Solarium Green Energy, and Malpani Pipes and Fittings will be in focus on September 05.
Motilal Oswal recommended Neutral rating on Bharat Forge with a target price of Rs 1060 in its research report dated August 06, 2025.
Stocks to Watch, 7 August: Stocks like Eternal, Hero MotoCorp, Trent, Bharat Forge, BHEL, Lumax Industries, Jindal Stainless, Fortis Healthcare, Datamatics Global, Bajaj Holdings, Cash Ur Drive Marketing, and Renol Polychem will be in focus on August 7.
FY26 is likely to be a challenging period, given where we are in the overall cycle and our geographical exposure, Bharat Forge's BN Kalayani said after the results.
Stocks to Watch, 31 July: Stocks like Tata Steel, Aurobindo Pharma, Gujarat Gas, Navin Fluorine International, Hitachi Energy, Sagility India, InterGlobe Aviation, Mahindra and Mahindra, Brigade Hotel Ventures, and Jio Financial Services will be in focus on July 31.
The company has agreed to several voluntary tweaks to the deal to get the Competition Commission of India's approval for to the Rs 746-crore acquisition
The deal, following last week’s pact with Japan, is set to ease trade tensions and benefit Indian firms tied to the US-EU auto supply chain.
Consolidation is expected to continue in the upcoming sessions, with resistance and support at last week's high-low. Below are some short-term trading ideas to consider.
Stocks to watch, 1 July: Stocks like CG Power and Industrial Solutions, Kalpataru Projects International, KSB, NCC, Bharat Electronics, HCL Technologies, Hindustan Copper, Kalpataru, Globe Civil Projects, and Ellenbarrie Industrial Gases will be in focus on July 1.
The size of the order is not officially known, however, some news reports have pegged it at close to Rs 2,000 crore, potentially making it the biggest single order for carbines since the induction of the INSAS files more than decades ago.
Stocks to watch, 18 June: Stocks like Delhivery, SML Isuzu, Hindustan Zinc, Polycab India, RailTel Corporation of India, Zydus Wellness, Vishal Mega Mart, GMR Airports, BSE, Alembic Pharmaceuticals, and Sammaan Capital will be in focus on June 18.
Stocks to watch, 4 June: Stocks like Sun Pharmaceutical Industries, Zydus Lifesciences, Techno Electric & Engineering Company, R Systems International, NMDC, Tata Technologies, Indegene, Aditya Birla Fashion and Retail, Alkem Laboratories, HDFC Bank, Wipro, Servotech Renewable Power Systems, and Scoda Tubes will be in focus on June 4.
As export challenges persist in its core auto business, the company is strategically reallocating resources towards the defence, e-mobility, and aerospace growth engines
Motilal Oswal recommended Neutral rating on Bharat Forge with a target price of Rs 1090 in its research report dated May 08, 2025.
Bharat Forge shares jumped as rising India-Pakistan tensions boosted defence stocks, along with its higher-than-expected margin surprise.