Bharat Forge Limited (BOM: 500493)

India flag India · Delayed Price · Currency is INR
1,297.35
-9.30 (-0.71%)
At close: Dec 19, 2024
6.23%
Market Cap 595.84B
Revenue (ttm) 158.25B
Net Income (ttm) 9.47B
Shares Out 465.59M
EPS (ttm) 20.34
PE Ratio 62.92
Forward PE 36.88
Dividend 9.00 (0.70%)
Ex-Dividend Date Jul 5, 2024
Volume 27,914
Open 1,286.05
Previous Close 1,306.65
Day's Range 1,276.75 - 1,316.90
52-Week Range 1,063.40 - 1,826.20
Beta n/a
Analysts n/a
Price Target n/a
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]

Industry Motor Vehicle Parts and Accessories
Founded 1961
Employees 3,778
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500493
Full Company Profile

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 Statements

News

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 ...

5 days ago - Business Upturn

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.

8 days ago - Business Upturn

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...

10 days ago - The Times of India

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...

11 days ago - Business Upturn

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...

15 days ago - Business Upturn

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...

17 days ago - Business Upturn

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...

17 days ago - Business Upturn

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...

4 weeks ago - Business Upturn

Bharat Forge share: Nomura sees 14.2% upside in Bharat Forge, maintains neutral call

Nomura has reiterated its “neutral” rating on Bharat Forge, projecting a 14.2% upside from its current market price of ₹1,327.25 with a target of ₹1,515. While the company’s Q2 performance was in line...

4 weeks ago - Business Upturn

Bharat Forge share: Jefferies sees 17.1% downside in Bharat Forge, maintains underperform call

Jefferies has reiterated its “underperform” rating on Bharat Forge, projecting a 17.1% downside from its current market price of ₹1,327.25. The brokerage has revised its target to ₹1,100 per share, ci...

4 weeks ago - Business Upturn

Check Bharat Forge’s share price after company posts weak Q2 FY25 results

Bharat Forge has released its financial results for the second quarter of FY25, showcasing a mixed performance with revenue facing a slight dip, while profits showed a modest increase. Key Financial H...

5 weeks ago - Business Upturn

Bharat Forge Q2 FY25 Results: Revenue dips 2% YoY to ₹3,688.5 crore; net profit rises 13% YoY to ₹243.3 crore

Bharat Forge Limited reported its financial results for the second quarter of FY25, showing a mixed performance with a slight decline in revenue year-on-year (YoY) but notable growth in net profit. Qu...

5 weeks ago - Business Upturn

Bharat Forge Q2 results: Check share price ahead of Q2 results

Bharat Forge shares are trading at ₹1,323.95, up by 0.19% as the company prepares to announce its second-quarter earnings. The stock has a total market cap of ₹61,641.61 crore, with a 52-week high of ...

5 weeks ago - Business Upturn

Stocks to Watch Today: Hindustan Aeronautics, Grasim, Hero MotoCorp, Muthoot Finance, Bharat Forge, Glenmark Pharma to announce Q2 results

Several companies are scheduled to announce their Q2 FY25 earnings today. The last traded price (LTP) from yesterday’s closing is provided below for each company, which could influence market reaction...

5 weeks ago - Business Upturn

Bharat Forge Q2 FY25 Results: Shares fall over 2% ahead of earnings release

Bharat Forge Ltd shares were trading 2.06% lower at ₹1,332.55 on the NSE as of 11:36 a.m. on November 13, 2024, ahead of the anticipated Q2 FY25 results. Market expectations for Bharat Forge’s Q2 earn...

5 weeks ago - Business Upturn

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...

6 weeks ago - The Times of India

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 ...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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.”...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

3 months ago - The Times of India

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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.

4 months ago - The Times of India