Bharat Forge share price rallied as much as 2% during Thursday’s trading session after strong data from North America’s commercial vehicle market boosted investor sentiment. Preliminary figures released by FTR Intelligence showed a sharp rise in Class 8 truck orders in February, signalling improving demand in one of Bharat Forge’s key export markets.
The stock opened at ₹1,904 per share on the NSE on Thursday, compared to the previous closing price of ₹1,841.80 on Wednesday. The surge reflects optimism around global commercial vehicle demand, particularly in North America, which contributes a significant portion of the company’s export revenue.
According to CNBC TV-18 news reports, North America’s Class 8 truck net orders surged to 47,200 units in February. This marks a 47% jump from the previous month and a massive 159% increase compared to the same period last year.
The February order figure is the highest since September 2022 and significantly above the 10-year February average of 24,991 units. Over the past 12 months, total orders have reached 2,58,466 units, highlighting a steady recovery in the heavy-duty truck market.
The 2026 order season, spanning September 2025 to February 2026, recorded a 4% increase compared with the previous year. This growth indicates a turnaround from the double-digit declines that had previously affected the sector.
The on-highway segment accounted for most of the increase, although vocational segments also contributed to the rise in orders on both a monthly and yearly basis.
Apart from positive global demand trends, Bharat Forge also informed investors about new fundraising initiatives.
In a regulatory filing dated March 4, the company said its board approved an unsecured rupee term loan of up to ₹800 crore. The borrowing will fall within the overall borrowing limit already approved by the board.
Additionally, the board granted in-principle approval to raise around ₹2,000 crore through various debt instruments, including term loans and non-convertible debentures.
The company stated that its Investment Committee – Strategic Business will evaluate and finalize the necessary steps related to the fund-raising plan.
Despite near-term profitability pressure, Bharat Forge share price has delivered strong long-term returns. The stock has surged about 21% in the past month and nearly 30% year-to-date.
Over a one-year period, the stock has gained around 79%, while it has risen more than 130% in three years and over 200% in five years, underlining strong investor confidence in the company’s growth prospects.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 5, 2026, 1:29 PM IST
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