India's Bharat Forge rises on unit's deal to make computer servers

Compal Electronics

06/03/2025 08:09

** Shares of Bharat Forge BFRG.NS jump 2.9% to 1,087.15 rupees

** BFRG, which makes safety and critical components for different sectors, said its unit entered a deal with Taiwan's Compal Electronics 2324.TW

** Deal for manufacturing platform servers used in central processing units of computers

** BFRG rated "hold" on avg, median PT at 1,225 rupees - data compiled by LSEG

** Stock down ~19% YTD

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))