India's Bharat Forge drops after flagging US tariffs-related export challenges

Bharat Forge BFRG.NS shares fall as much as 2.4% to 1,132.8 rupees, lowest level in 3 months

Stock last down 1.3%

Auto parts maker flags "challenging" export market in FY26 due to U.S. tariffs on Indian goods

"... we are cautious on the outlook for the U.S. exports business for the remainder of the fiscal," co's managing director, B.N. Kalyani, says

Q1 export sales fell 12.7%; exports make up 51% of total rev from ops, which dropped 2.7%

YTD, BFRG down 12%