Bharat Forge's Aerospace Business Division, raises the bar for quality standards for its products and manufacturing facility by becoming the first organization to successfully achieve the Nadcap® accreditation for Metallic Materials Manufacturing. The certification is a testimony for the continued commitment to quality that will pave the path for new and enhanced business opportunities with better control over the manufacturing process ensuring "Zero Defect" compliance.
"Compliance is a mindset; it is more than a goal as it requires ongoing effort. While a Nadcap® audit is a defined moment in time for which Auditees prepare in advance, actually creating and maintaining a culture of compliance within an organization is a constant endeavor and often a thankless task. Consequently, and in recognition of their hard work, I am delighted to congratulate Bharat Forge for achieving Nadcap accreditation," said David Schutt, President and Chief Executive Officer at the Performance Review Institute®.
The aim of the Nadcap® program is to assess process capability for compliance to industry standards and customer requirements. By achieving Nadcap® accreditation, Bharat Forge has demonstrated their compliance and set higher benchmarks for the industry.
Shares of Bharat Forge Ltd was last trading in BSE at Rs. 781.1 as compared to the previous close of Rs. 749.95. The total number of shares traded during the day was 468912 in over 9166 trades.
The stock hit an intraday high of Rs. 785.8 and intraday low of 744.9. The net turnover during the day was Rs. 362888699.