The company had posted a consolidated profit of Rs 171.9 crore in April-June period of the previous fiscal, Bharat Forge said in a filing to the BSE
PSUs, such as BEL, are already seeing good order flows
Most defence-related stocks gained ground on Monday post the development with Bharat Dynamics up nearly 8 per cent at Rs 452 on the BSE
The company's board has discussed and approved the issuance of 5,000 listed, rated, unsecured, redeemable, NCDs of face value Rs 10 lakh each
The second part of the series looks at Bharat Forge's strategy during Covid to restructure overseas units
One step at a time is the strategy to follow and better to timely book profits in the rally. Traders are advised to keep following stock specific moves and the base now remains at 10,660 - 10,560
The government plans to allow limited private railway services by 2023, but there are many barriers on the tracks
Analysts expect the M&HCV segment to fall by another 13-15% in FY21
The firm's revenue from operations in 2019-20 was at Rs 8,055.84 crore, against Rs 10,145.73 crore in 2018-19, the company said
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The company reported a consolidated net loss of Rs 68.59 crore in Q4FY20 against a profit of Rs 324 crore in Q4FY19.
Alpha Design Technologies, Bharat Forge and Medha Servo Drives are three of 18 companies in the world to have been selected to manufacture the life-saving machine
The local companies will be at a disadvantage if they don't' get orders from the government
Stock down 5% on weak truck and oil and gas outlook
Bharat Forge slipped 12 per cent from its intra-day high of Rs 298 on the NSE
Falling crude oil prices and lower CV demand have dented company financials
Escorts has picked up momentum with a positive bullish candle pattern with decent improvement in the volume participation to show a positive bias and imply further strength in the coming days.
Weekly Technical Recommendations by Religare Broking Ltd.
The Navy will now take the case to the Defence Acquisition Council with the shortlisted names of both Indian and foreign manufacturers
Investors should avoid exposure with growth unlikely before FY21