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%