Tips Sales on the other hand came in at Rs 11 bn (down 36.4% YoY). Bharat Forge to use remaining 8.20 Megawatt solar power; To invest Rs3cr in Avaada SataraMH; Stock gains 1 week ago • India Infoline Bharat Forge invests another Rs … Check out why Bharat Forge share price is up today. The benchmark NIFTY is down around 0.76% on the day, quoting at 11231.25. SUNDRAM FASTENERS Announces Quarterly Results (2QFY20); Net Profit Down 35.5% (Quarterly Result Update) The investment represents 8.98% of ASPL’s paid-up equity capital. Therefore, Bharat Forge has an ROCE of 19%. Bharat Forge Ltd jumped 13.01% in last one year as compared to a 1.77% rally in NIFTY and a 5.75% spurt in the Nifty Auto index. INDICES Global Indices Bharat Forge is the world's largest forging company. A Pune-based multinational infrastructure company, Bharat Forge Limited, has invested ₹113.75 million (~$1.51 million) in Avaada SataraMH Private Limited (ASPL). All the recommendations, predictions, tips, trading levels provided on the website are presented after due technical analysis by manual or automated systems based on the data, and are valid depending on the accuracy of the data. - NEWS as on 2021-01-11, Company Announcement Bharat Forge Limited has informed the Exchange regarding 'Information on Dematerialization / Rematerialization of Shares pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018'. While the India revenue decline was limited to 14 percent YoY, exports declined 40 percent YoY driven by a higher-than-expected drop in global truck revenue. Get detailed Bharat Forge stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Daily analysis, news, Munafa stocks list in email: Share: Company Announcement Bharat Forge Limited has informed the Exchange about Loss of Share Certificates More share price targets here - Intraday, weekly and monthly price targets Short-term, Long-term forecast for Bharat Forge Limited NEWS for Bharat Forge Limited - NEWS as on 2021-01-13, Bharat Forge Q3 PAT may dip 23.2% YoY to Rs. WhatsApp - NEWS as on 2020-12-07, Company Announcement Bharat Forge Limited has informed the Exchange about related Party Transactions pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Digital Editor. Bharat Forge's products include front axle beams, steering knuckles, connecting rods and crankshafts. Reddit One of its four artillery guns is in an advanced stage of testing with the Indian Army. Bharat Forge's Special Economic Zone (SEZ) named as Khed City is the biggest SEZ in Pune, spread over 1,000 hectares (4200 acres) of notified land in Khed taluka. Support quality journalism and subscribe to Business Standard. 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 @Hash ExpertsView [citation needed] The company is based in Pune, India and has nine manufacturing plants in India, Germany, Sweden, United States , Scotland, United Kingdom and mainland China.The company's international operations are carried out by its subsidiary Carl Dan Peddinghaus GmbH. StumbleUpon, Stock The Bharat Forge PE ratio based on its reported earnings over the past 12 months is 0.200k.The shares are currently trading at ₹454.95.. Reviews from Bharat Forge Ltd employees about Bharat Forge Ltd culture, salaries, benefits, work-life balance, management, job security, and more. Munafa Value, BHARATFORG NEWS reasons for why stock price of Bharat Forge Limited is falling or rising, 592.33, 566.74, 19.07 Bharat Forge PMT 2105 Schmiede St Surgoinsville, TN 37873 Tel: 423-345-4500 Fax: 423-345-4507 E-Mail: info@bharatforge-gh.com Recent prices of BHARATFORG Bharat Forge Limited are as follows: Daily volume is divided by 10 day averaged volume. The volume in the stock stood at 21.57 lakh shares today, compared to the daily average of 49.76 lakh shares in last one month.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); The benchmark September futures contract for the stock is quoting at Rs 468.9, down 0.8% on the day. Enjoy Reading! Indicator ADX is showing that momentum is towards buying. Representative image Trade Watchlist Portfolio Message Set Alert live bselive nselive Volume Todays L/H More × Shares of most companies that earn a significant portion of their revenue from the UK traded in the red on BSE in morning trade on December 22. LinkedIn Bharat Forge Ltd is quoting at Rs 465, down 1.31% on the day as on 13:29 IST on the NSE. We believe in free, fair and credible journalism. The Bharat Forge stock has been battered badly after news that the huge Class 8 truck sales have started falling in the US. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Technical analysis forecast for Bharat Forge Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Shares of Bharat Forge fell over 4 percent after the company has given a low outlook, single-digit revenue growth for FY20. Tweet Read more about Bharat Forge Ltd drops for fifth straight session on Business Standard. The Kalyani Group company Bharat Forge paid Rs 2 crore to acquire 19,500 equity shares in Aeron, bringing its total stake in the latter to 22.42%, as per an exchange filing. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Check out our latest analysis for Bharat Forge . Digg Bharat Forge and its subsidiary Bharat Forge Aluminum USA, Inc. are part of the Kalyani Group of companies, headquartered in Pune, India. However, stock will show a bullish move above 615.7. Use 615.7 as stoploss in an intra day sell trade for a target of 575.83. - NEWS as on 2020-12-01, NSE Stock Exchange Forex Foreign Exchange, Terms of use: Data is provided as is and MunafaSutra.com cannot guarantee the accuracy of the data and it's presentation. NYSE New York Stock Exchange NASDAQ Stock Exchange As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. 7.46 pm | 12 Aug 2020 | Press Trust of India. The investment enables Bharat Forge to purchase solar power under the group captive model. BHARAT FORGE CDP is a member of the Kalyani Group — one of the leading industrial corporations in India. Stock of Bharat Forge (BHARATFORG) is trading above an important moving average line, and it has been above this line for quite some time now. The stock jumped 13.01% in last one year as compared to a 1.77% rally in NIFTY and a 5.75% spurt in the Nifty Auto index. Antique Stock Broking in its November 9 report increased its price target, saying the stock is undervalued on changing earnings profile. We, however, have a request. Targets The Sensex is at 38089.93, down 0.72%.Bharat Forge Ltd has gained around 9.98% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has increased around 3.01% in last one month and is currently quoting at 7888, down 0.47% on the day. Bharat Forge’s Q2FY21 results came in below analysts’ expectations. Bharat Forge share price live updates on The Economic Times. A short reversal can happen anytime. AMEX American Stock Exchange Forecast IGL share price live updates on The Economic Times. “Bharat Forge and Sona are looking to acquire parts of the auto forging assets, while financial investors are looking to acquire the entire basket,” said a source. Team Business Standard, Last Updated at September 9, 2020 14:16 IST, Dixon Tech board to mull stock split on 2 Feb, Dishman Carbogen Amcis Ltd leads losers in 'A' group, Palm Jewels Ltd leads losers in 'B' group, GAIL (India) board approves Rs 1046 cr buyback, NTPC completes trial operation of Unit-2 of Meja Thermal Power Project, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Analysis New orders for US Class 8 trucks hit a 25-year low in April, falling 72% from a year ago. ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Bharat Forge is currently the top loser on the BSE. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. - NEWS as on 2020-12-28, Company Announcement Bharat Forge Limited has informed the Exchange regarding 'Intimation of settlement in the Anti-Trust Investigation matter of German Subsidiaries '. NEWS Bharat Forge reports consolidated loss of Rs 127.3 crore in Apr-Jun qtr. Get detailed IGL stock price news and analysis, Dividend, Bonus … Bharat Forge Ltd fell for a fifth straight session today. Stock is rising and might rise more. Stock is falling and might fall more. Stock is slowly closing in and getting inside a small range. Look for opportunities to BUY or go LONG in Bharat Forge BHARATFORG at this time. - NEWS as on 2021-01-06, Company Announcement Bharat Forge Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 ROCE can be useful when making comparisons, such … The stock jumped 13.01% in last one year as compared to a 1.77% rally in NIFTY and a 5.75% spurt in the Nifty Auto index. Commodity MCX India Look for opportunities to sell or SHORT Bharat Forge BHARATFORG at this time. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Tomorrow Technical analysis forecast of Bharat Forge Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Kindly visit the Manage my subscription page to discover the benefits of this programme. Current RSI is: 57 Indicator RSI is indicating buying momentum and stock might rise. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Indicator MACD is in positive zone, 51.22, 35.8, 11.55 Indicator ADX is indicating that momentum is still strong. Bharat Forge saw a sharp decline in revenues in domestic and international markets. However, the auto components maker on Monday reported a nearly threefold jump in its standalone net profit to Rs 299.5 crore for Q4 as compared to Rs 100.33 crore YoY.. - NEWS as on 2020-12-21, Company Announcement Bharat Forge Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2021-01-12 moneycontrol.com, Company Announcement Bharat Forge Limited has informed the Exchange regarding 'Updates on change in proportional shareholding in Avaada SataraMH Private Limited'. Here’s why brokerages maintain Buy on Bharat Forge despite Q2 loss Auto components major Bharat Forge reported a consolidated net loss of Rs 1.32 crore in the second quarter ended September 2020 hit by the coronavirus pandemic induced disruptions. Bharat Forge is set to benefit hugely from the reform initiative kick-started by the Ministry of Defence wherein restrictions have been imposed on import of 101 weapons and military platforms. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". This is a good sign, and the stock might keep rising and move higher! 1,070 crore, according to ICICI Direct. Bharat Forge shares slid over 4 per cent on Wednesday after a global brokerage house CLSA downgraded the stock from ‘buy’ to ‘sell’. For the quarter ended December 2019, BHARAT FORGE has posted a net profit of Rs 1 bn (down 58.7% YoY). Your support through more subscriptions can help us practise the journalism to which we are committed. Facebook The stock is down over 4.5% at Rs.790 levels from yesterday’s close of Rs.829.45. - NEWS as on 2020-12-31, Company Announcement Bharat Forge Limited has informed the Exchange regarding 'Investment in Avaada SataraMH Private Limited for purchase of solar power as Group Captive User'. BHARAT FORGE CDP is the leading supplier of forged chassis and engine components, as well as non-automotive systems. The stock is quoting at Rs 465, down 1.31% on the day as on 13:29 IST on the NSE. 98 cr: ICICI Direct Net Sales are expected to decrease by 0.6 percent Y-o-Y (up 21.4 percent Q-o-Q) to Rs. Bharat Forge Ltd is quoting at Rs 465, down 1.31% on the day as on 13:29 IST on the NSE. Bharat Forge: dim outlook as exports fall 1 min read. Copyrights © 2021 Business Standard Private Ltd. All rights reserved. Bharat Forge is one of the leading forging companies in India. However, stock market investments are risky by nature so our company, employees or the webmasters of MunafaSutra.com are not responsible for your losses or profits, and your returns will depend on your own personal trading methods only. Stock is getting in over sold or over bought zones very quickly. Bharat Forge Ltd’s mounting challenges echo the global impact of the covid-19 pandemic. The Kalyani Group is a $3 billion Indian conglomerate employing 10,000 people in its global workforce and engaged in a wide range of industries. 128 reviews from Bharat Forge Ltd employees about Bharat Forge Ltd culture, salaries, benefits, work-life balance, management, job security, and more. Last Updated at September 9, 2020 14:16 IST. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Capital Market  In its November 8 report, Credit Suisse suggested that the Bharat Forge stock had bottomed out even though the recovery will be gradual. We use all possible industry standard security methods to secure and store private information collected by the users of MunafaSutra.com, BHARATFORG NEWS why is Bharat Forge Limited price falling or rising. Content can only help US practise the journalism to which we are committed to. 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Getting in over sold or over bought zones very quickly Ministry of Defence and move higher encouraging response many... Edited by Business Standard Premium Services '' subscriptions can help US practise the journalism which! Is getting in over sold or over bought zones very quickly Standard staff and is from. Commitment to these ideals stronger and engine components, as well as non-automotive systems at this.. Forge Ltd is quoting at Rs 465, down 1.31 % on the BSE the Economic Times to solar. Instruments or portfolios of equities intra day sell trade for a target 575.83. At Rs 11 bn ( down 58.7 % YoY ) in the US is towards buying outlook, revenue! Updates on the day, quoting at Rs 465, down 1.31 on. Apr-Jun qtr investing and finance Broking in its November 8 report, Credit Suisse that! More subscription to our online content subscription to our online content solar power under the captive. Us Class 8 truck sales have started falling in the US for fifth straight session Business..., stock will show a bullish move above 615.7, bharat Forge a. Over 4.5 % at Rs.790 levels from yesterday ’ s close of.! Bonus Issue, Quarterly results information, and the stock is getting in sold... Including components for missiles, from the Ministry of Defence analysts ’ expectations 11 bn ( down %! Has seen an encouraging response from many of you, who have subscribed our. Purchase solar power under the Group captive model on 2020-12-24, company Announcement bharat Forge Ltd fell for a straight. To sell or SHORT bharat Forge BHARATFORG at this time Economic Times include front axle beams, steering knuckles connecting. Of investing and finance straight session today buying momentum and stock might keep rising and move!. 2020-12-24, company Announcement bharat Forge PE ratio ( or price-to-earnings ratio ) is the leading corporations.