Bharat Forge Limited (BOM: 500493)
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]
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
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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
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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...
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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...
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...
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...
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...
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...
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 ...
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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...
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
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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.