Bharat Forge Limited (BOM:500493)
India
· Delayed Price · Currency is INR | Market Cap | 506.37B |
| Revenue (ttm) | 154.34B |
| Net Income (ttm) | 8.95B |
| Shares Out | 478.09M |
| EPS (ttm) | 19.20 |
| PE Ratio | 55.17 |
| Forward PE | 32.02 |
| Dividend | 9.00 (0.85%) |
| Ex-Dividend Date | Feb 18, 2025 |
| Volume | 21,448 |
| Average Volume | 30,948 |
| Open | 1,092.80 |
| Previous Close | 1,075.35 |
| Day's Range | 1,068.00 - 1,103.95 |
| 52-Week Range | 1,047.25 - 1,826.20 |
| Beta | 1.09 |
| RSI | 27.75 |
| Earnings Date | Feb 14, 2025 |
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
Stocks in focus based on brokerages: Bharti Airtel, IGL, Tata Power, NHPC, Petronet, Cyient, Reliance, Bharat Forge, JSW Steel, Mactotech, Godrej CP
Several stocks are in focus today following brokerage recommendations: Positive Recommendations CLSA on Bharti Airtel: Maintains Buy with a target price of ₹1,890. Jefferies on IGL: Maintains Buy with...
Morgan Stanley on Bharat Forge share price: Maintains ‘Overweight’ rating, sees 27% upside on landmark US artillery deal
Morgan Stanley has reaffirmed its Overweight stance on Bharat Forge’s share price, setting a target price of ₹1,366 per share, which implies a 27% upside from the current market price (CMP) of ₹1,075....
Top stocks to watch today on February 20: Rites, Bharat Forge, Waaree Energies, JBM Auto, ONGC and more
India’s stock markets are likely to open on a lower note today. As of 7:45 AM, GIFT Nifty futures were trading 74 points lower at 22,874 level. On Wednesday, the BSE Sensex closed at 75,939, down 28 p...
Bharat Forge subsidiary and AM General sign LOI for supply of artillery cannons to US
Kalyani Strategic Systems Ltd (KSSL), a 100% subsidiary of Bharat Forge Ltd, has signed a Letter of Intent (LOI) with AM General at IDEX 2025. This marks the first-ever supply of Made-in-India artille...
Bharat Forge stock drops 4.01% as Q3 net profit falls 16%; brokerages remain divided
Shares of Bharat Forge fell 4.01% to ₹1,060.40 in early trade after the company reported a 16% decline in net profit for Q3 FY24, citing a revenue miss despite a favorable product mix supporting margi...
Brokerages bullish on Kotak Mahindra Bank, Ashok Leyland, Jubilant FoodWorks, Bharat Forge, HAL, SBI Cards, PFC, Lupin; highlight sectoral trends
Top global brokerages have issued fresh ratings on Kotak Mahindra Bank, Ashok Leyland, Bharat Forge, Jubilant FoodWorks, HAL, SBI Cards, PFC, Lupin, Indian Hotels, and others, highlighting growth pros...
Morgan Stanley bullish on Bharat Forge: Sees 22% upside, highlights US truck cycle recovery
Morgan Stanley has maintained its ‘Overweight’ stance on Bharat Forge, setting a target price of ₹1,336 per share, indicating a 22.1% upside potential from the current market price of ₹1,094.20. While...
Bharat Forge arm signs MOU with L3Harris to enhance India’s tactical defense solutions
Bharat Forge’s subsidiary, Kalyani Strategic Systems Limited (KSSL), has entered a key collaboration with L3Harris Technologies by signing a Memorandum of Understanding (MOU) aimed at supporting advan...
Bharat Forge MD bets big on Bengal
Kolkata: The economic climate in Bengal was now conducive to industry and investment, Baba Kalyani, chairman and MD of Bharat Forge — a unit of Kalyan.
HAL up 3.58%, Bharat Dynamics up 1.71%, Bharat Electronics up 2.37%, Bharat Forge up 3.14% as India targets record ₹2 lakh crore defence orders
India’s top defence stocks, including Hindustan Aeronautics Ltd. (HAL), Bharat Dynamics Ltd. (BDL), and key shipbuilders, rallied on February 4 after Defence Secretary Rajesh Kumar Singh confirmed pla...
Union Budget 2025: Baba Kalyani of Bharat Forge hails focus on middle class, MSMEs, and Make in India
Baba Kalyani, Chairman & MD of Bharat Forge Ltd., has lauded the Union Budget 2025 for its strategic emphasis on middle class empowerment, MSME growth, and the Make in India initiative. He described t...
Bharat Forge to invest Rs 82 crore in Kalyani Powertrain to boost EV initiatives
Bharat Forge Limited has announced an additional investment of ₹82 crore in its wholly-owned subsidiary, Kalyani Powertrain Limited (KPTL), through a rights issue. The investment, approved by the comp...
Apple in talks with Bharat Forge for components manufacturing
Apple is in discussions with Bharat Forge for manufacturing components in India, further expanding its supplier network. This move aims to enhance local value addition, reduce reliance on China.
Bharat Forge stock: BofA downgrades to underperform, cuts target to Rs 1,100
Bank of America (BofA) has downgraded Bharat Forge to underperform from neutral, lowering its target price to ₹1,100 from ₹1,450. The downgrade comes as the brokerage highlights challenges in the comp...
BofA on auto stocks: Maruti upgraded to buy; Bharat Forge downgraded, TVS Motor revised to neutral
Bank of America (BofA) has shared its latest outlook on key auto stocks, highlighting upgrades and downgrades based on market trends and company-specific dynamics. Here’s a summary of the key updates:...
Nifty Auto Stocks: Apollo Tyres up 1.14%, Bajaj Auto up 15, Maruti up 2%
The Nifty Auto index showcased a mixed performance on December 26, 2024, with some stocks recording gains while others declined. Key Stock Movements: Company LTP (₹) % Change Apollo Tyres 540.90 1.14 ...
Bharat Forge approves ₹549 crore investment in its US subsidiaries
Bharat Forge Limited, one of India’s leading forging companies, has announced a substantial investment of $64.5 million (approximately ₹549 crore) in its wholly-owned US-based subsidiaries. The decisi...
Stocks to watch, December 16: Biocon, Lupin, Bharat Forge, Radico Khaitan, Dixon Tech, and Aurobindo Pharma and more in focus today
Here are our stocks to watch today on Dec 16, 2024: Biocon, Lupin, Bharat Forge, Radico Khaitan, Dixon Tech, Aurobindo Pharma, PVR Inox, RITES, Godrej Agrovet, HBL Power, Borosil Renewables, JK Paper ...
Bharat Forge to acquire 25% stake in Edgelab for €2.5 million
The investment is part of Bharat Forge's strategic move to strengthen its presence in the marine robotics and defense technology sectors.
Baba Kalyani's sister challenges validity of mom's wills in court
Sugandha Hiremath, sister of Bharat Forge chairman Baba Kalyani, has challenged the validity of her late mother's two wills in a Pune court. She alleges coercion and undue influence by her brothers, B...
Bharat Forge successfully raises Rs 1,650 crore through QIP, oversubscribed 10x
Bharat Forge Limited announced the successful closure of its Qualified Institutional Placement (QIP), raising ₹1,650 crore. The issue, priced at ₹1,320 per share, witnessed a remarkable oversubscripti...
Auto stocks today: Bosch up over 2%, Bajaj Auto up nearly 2%, and more
As of the latest update, the Nifty Auto index is trading at 23,832.45, up 0.41% or 96.20 points. The index reflects a mixed performance among its constituents, with Bosch and Bajaj Auto emerging as no...
Bharat Forge launches QIP, floor price set at Rs 1,323.54 per share
Bharat Forge Limited has announced the launch of its Qualified Institutions Placement (QIP) of equity shares to raise funds from institutional investors. The company has set a floor price of ₹1,323.54...
Auto Stocks: Bharat Forge up nearly 2%, Balkrishna Industries up 1.5%, Tata Motors down 1.28%
The Nifty Auto Index saw mixed trading on December 4, with select stocks advancing while others faced declines. As of midday, the index was trading slightly lower at 23,706.45, down by 0.19%. Top Gain...
Bharat Forge participates in ATAGS contract negotiation with Ministry of Defence
Bharat Forge, a leading name in India’s defense manufacturing, is in negotiations with the Ministry of Defence for the prestigious Advanced Towed Artillery Gun System (ATAGS) project. Negotiations are...