Page 2 - Bharat Forge

Bharat Forge surges 8% on reports of strong US Class 8 truck orders

According to media reports, preliminary North American Class 8 net orders for September soared to 56,500 units, the most-ever for a single month

Bharat Forge: Rising industrial segment revenue, auto recovery drive gains

Brokerages have also highlighted that the energy crisis in Europe would be a big opportunity for Indian forging and casting companies such as Bharat Forge

Derivatives analyst Nandish Shah recommends Bull Spread on Bharat Forge

The analyst from HDFC Securities recommends buying Bharat Forge 790 Call and simultaneously selling 810 Call of the September series.

Stocks to Watch: Infosys, Bharat Forge, JSW Steel, IRCTC, Ambuja Cements

Stocks to Watch: JSW Steel has signed a memorandum of understanding (MoU) with SMS group, a German engineering and technology company, for exploring decarbonisation projects

Indigenously developed artillery gun to fire 21-gun salute on I-Day

The gun salute is a dramatic, centuries-old military salute or mark of respect, that involves firing guns or artillery

Industrial segment likely to drive growth of Bharat Forge stock

Export growth is expected to remain strong in the current financial year, given the stable truck demand from the US and EU markets

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

Bharat Forge rallies 8% on stable business outlook post Q1 results

Looking ahead in to Q2FY23, the management expects stable performance across both the domestic and export markets despite uncertainty arising from the macro- economic headwinds.

Bharat Forge Q1 net profit marginally rises to Rs 160 cr; stock up 3.5%

The company had posted a consolidated net profit of Rs 152.75 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing.

Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares

Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.

Bharat Forge, subsidiary buy JS Autocast Foundry India for Rs 489 crore

The deal to acquire JS Autocast was announced in February

Bharat Forge's underperformance may continue as truck orders keep low

Uncertainty on revival of demand is a key overhang for the stock

Bharat Forge consolidated net profit surges 9.3% to Rs 232 crore in Q4FY22

The company had posted a consolidated net profit of Rs 212.12 crore in the same period of the preceding fiscal, Bharat Forge

Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

Stocks to Watch: MTNL, Sun Pharma, Airlines, Adani Ports, Bharat Forge

MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.

Multiple triggers support long-term outlook for Bharat Forge

In the near term, supply challenges and cost pressures to impact margins

JM Financial gives 'buy' call for Hindalco, M&M, Zomato, and 3 others

Brokerage and financial firm JM Financial Institutional Securities has given a 'buy' call for Hindalco Industries, Mahindra & Mahindra, Zomato, Bharat Forge, Prestige Estates, and Gujarat State Petronet.

Stocks to Watch: RIL, Zomato, M&M, Hindalco, Bharat Forge, MRF, Hero Moto

Apollo Hospitals, Ashok Leyland, Bajaj Hindusthan, Divis Labs, Fortis Healthcare, Glenmark, Godrej Industries, IDFC, India Cements, Jet Airways, PFC, Shree Renuka Sugars, Star Health and Voltas to ann

Bharat Forge reports consolidated net profit of Rs 422 cr in Dec quarter

Auto components major Bharat Forge Ltd on Thursday reported a consolidated net profit of Rs 422 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net loss of Rs 210.45 crore in the same quarter last fiscal, Bharat Forge Ltd said in a regulatory filing. Consolidated revenue from operations for the period under review stood at Rs 2,394.69 crore as compared to Rs 1,723.11 crore in the year-ago quarter, it added. Total expenses were higher at Rs 2,093.39 crore as against Rs 1,633.88 crore, it added. Bharat Forge Chairman & Managing Director BN Kalyani said the Q3 FY22 performance was on expected lines. "Total sales were flat as compared to the previous quarter with exports revenues declining by around 10 per cent while the domestic revenues grew by 16.5 per cent," he said. The drop in exports revenues were primarily on account of curtailment of production of Class 8 (heavy duty) trucks due to semiconductor chip shortage, Kalyani said. On the .

Bharat Forge-backed Tork Motors launches e-motorcycle KRATOS, KRATOS-R

Bharat Forge-backed electric two-wheeler maker Tork Motors on Wednesday said it has launched its electric motorcycle KRATOS, along with a variant KRATOS-R, priced at Rs 1.08 lakh and Rs 1.23 lakh