Bharat Forge Limited (BOM: 500493)
India
· Delayed Price · Currency is INR | Market Cap | 618.49B |
| Revenue (ttm) | 158.25B |
| Net Income (ttm) | 9.47B |
| Shares Out | 465.59M |
| EPS (ttm) | 20.34 |
| PE Ratio | 65.31 |
| Forward PE | 34.15 |
| Dividend | 9.00 (0.68%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 39,350 |
| Open | 1,310.85 |
| Previous Close | 1,321.45 |
| Day's Range | 1,302.55 - 1,356.00 |
| 52-Week Range | 1,048.80 - 1,826.20 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 15, 2024 |
About Bharat Forge
Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. It operates through three segments: Forgings, Defence, and Others. The company offers automotive components comprising crankshafts, connecting rods, emission/after treatment, and fuel injection systems; chassis, such as front axle beams, steering knuckles, control arms, forks, and reinforcement brackets; transmission and driveline components; and power generation components for thermal, hydro, and wind energy. It provides oil... [Read more]
Financial Performance
In 2023, Bharat Forge's revenue was 156.82 billion, an increase of 21.47% compared to the previous year's 129.10 billion. Earnings were 9.51 billion, an increase of 80.01%.
Financial StatementsNews
Boost for Indian Army firepower! Bharat Forge, Tata likely to bag Rs 7,000 crore deal for DRDO-made advanced towed artillery gun systems
Bharat Forge has emerged as the lowest bidder for a Rs 7,000 crore contract to supply the Indian Army with advanced towed artillery gun systems (ATAGS). The contract will likely be split between Bhara...
AXL sells commercial vehicle axle business to India's Bharat Forge for $65M
Bharat Forge to acquire AAM India Manufacturing for Rs 544.53 crore
Bharat Forge Limited has recently informed exchanges that the company entered into a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited, a subsidiary of American Axle ...
Bharat Forge completes transfer of stake in TMJ Electric Vehicles to Bharat Forge International
Bharat Forge Limited (BFL) has successfully completed the internal restructuring process involving the transfer of its 39.43% stake in TMJ Electric Vehicles Limited to its wholly-owned subsidiary, Bha...
Bharat Forge Chairman Baba Kalyani mourns Ratan Tata’s passing: “A guiding light for Indian businesses”
Baba Kalyani, Chairman and Managing Director of Bharat Forge, expressed profound grief over the passing of Ratan Tata, calling him a “visionary doyen of Indian industry” and an “extraordinary leader.”...
Bharat Forge’s Kalyani Strategic Systems Partners with US Firms AM General & Mandus Group for Next-Gen Artillery Platforms
Kalyani Strategic Systems Ltd, a subsidiary of Bharat Forge Ltd, announced a strategic collaboration with US-based defense firms, AM General and Mandus Group LLC. The partnership aims to co-develop an...
Will controversy: Baba Kalyani refutes brother’s claims
Baba Kalyani, chairman of Bharat Forge, disputes his brother Gaurishankar's claims regarding their late mother Sulochana's will. Gaurishankar alleges Baba coerced her into making a favorable 2012 will...
Nomura maintains ‘neutral’ call on Bharat Forge, sees 10.8% upside
Nomura has maintained its “Neutral” rating on Bharat Forge with a target price of Rs 1,789, suggesting a potential upside of 10.8% from the current market price of Rs 1,614.00. The firm highlighted th...
Stocks market news: Adani Group, KEC International, Ashoka Buildcon, Bharat Forge and Indigo Paints in focus today
In today’s market, several stocks are capturing attention due to significant developments and announcements, while others are facing headwinds. Adani Group is in the spotlight after the Maharashtra Ca...
Bharat Forge to invest 105cr in e-mobility arm
Bharat Forge announces investment in e-mobility arm Kalyani Powertrain Ltd. Stay updated on the latest developments in electric vehicle solutions.
More firepower! Army to acquire advanced artillery guns for Rs 7,000 cr
The Indian Army has issued a tender for next-generation artillery guns, seeking 400 systems initially, with demand expected to rise. Private manufacturers like Larsen & Toubro, Bharat Forge, and Tata ...