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Neutral impactOrders & Deals

Stocks to watch for September 16: HDFC Bank, BHEL, Bharat Forge, Blue Star and more

CNBC-TV18 2 hrs ago·15 Sept 2026, 1:56 pm

Bharat Forge is set to be in focus as the company has entered into a joint venture agreement with Titagarh Rail Systems. This partnership is aimed at developing and manufacturing rolling stock, including coaches and wagons, for the Indian market.

For investors, this move is significant as it expands Bharat Forge's footprint beyond its traditional heavy engineering domain. It signals a strategic push into the rail sector, which could open new revenue streams and improve the company's long-term growth prospects.

Investors should watch for updates on the joint venture's execution timeline and the specific project awards that may follow this agreement.