Bharat Forge shares slipped 2.37% after Q1 profit fell 13% YoY to ₹175 crore, hurt by one-time costs. Management flagged US regulatory risks and weak global cycles. Despite strong defence growth (+147%) and fundraising plans, SEBI analysts warned of continued technical weakness. Stock nears key ₹1,125-1,135 support zone; short-term traders urged to wait for reversal above ₹1,180.