Bharat Forge Limited

BHARATFORG

INE465A01025

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 06:00:49 2024-05-17 am EDT			5-day change	1st Jan Change
1,479 ^INR	-0.33%		+4.72%	+19.37%

May. 10	Nomura Adjusts Bharat Forge’s Price Target to INR1,431 From INR1,274, Keeps at Neutral	MT
May. 09	Jefferies Adjusts Bharat Forge’s Price Target to INR1,075 From INR950, Keeps at Underperform	MT

Bharat Forge Limited Announces Resignation of Vivek Dwivedi as President and Chief Technology Officer

August 28, 2023 at 03:45 am EDT

Bharat Forge Limited informed that Mr. Vivek Dwivedi, President and Chief Technology Officer has resigned from the services of the Company due to health reasons. His last date with the Company will be September 01, 2023.

Latest news about Bharat Forge Limited

Nomura Adjusts Bharat Forge’s Price Target to INR1,431 From INR1,274, Keeps at Neutral	May. 10	MT
Jefferies Adjusts Bharat Forge’s Price Target to INR1,075 From INR950, Keeps at Underperform	May. 09	MT
Bharat Forge Clocks Gains in Fiscal Q4 Consolidated Net Profit; Shares Soar 15%	May. 08	MT
Transcript : Bharat Forge Limited, Q4 2024 Earnings Call, May 08, 2024	May. 08
U.S. STOCK INDEX FUTURES FLAT…	May. 08	RE
Bharat Forge Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	May. 08	CI
Bharat Forge Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024, Payable on or After August 14, 2024	May. 08	CI
Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024	Mar. 29	CI
Bharat Forge Gets Board Nod to Raise INR5 Billion Through Debenture Issue, Term Loan	Mar. 13	MT
Bharat Forge Limited Announces Resignation of Atul Dhavle as Senior Vice President and Chief Human Resource Officer	Mar. 08	CI
Bharat Forge to Invest 20 Million Euros More in German Arm	Mar. 06	MT
Bharat Forge to Invest 15 Million Euros in German Unit	Feb. 23	MT
Nomura Adjusts Bharat Forge's Price Target to INR1,274 From INR1,239, Keeps at Neutral	Feb. 14	MT
Bharat Forge's Consolidated Profit Surges in Fiscal Q3	Feb. 13	MT
Jefferies Adjusts Bharat Forge’s Price Target to INR950 From INR1,030, Keeps at Underperform	Feb. 13	MT
Transcript : Bharat Forge Limited, Q3 2024 Earnings Call, Feb 12, 2024	Feb. 12
Bharat Forge Limited Declares Interim Dividend, Payable on or Before March 12, 2024	Feb. 12	CI
Bharat Forge Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 12	CI
Bharat Forge Invests $15 Million in Step-Down Subsidiary	Feb. 11	MT
Bharat Forge Arm Completes Acquisition of 66% Stake in Zorya Mashproekt	Jan. 24	MT
Bharat Forge to Invest Up to INR10 Billion to Boost Presence in Tamil Nadu, India	Jan. 09	MT
Bharat Forge Unit to Acquire Majority Stake in Zorya Mashproekt India	Dec. 07	MT
Bharat Forge Limited Announces Executive Changes	Dec. 01	CI
Nomura Adjusts Bharat Forge's Price Target to INR1,239 From INR1,157, Keeps at Buy	Nov. 08	MT
Jefferies Adjusts Bharat Forge’s Price Target to INR850 From INR750, Keeps at Underperform	Nov. 07	MT

Chart Bharat Forge Limited

Duration

Period

More charts

Company Profile

Bharat Forge Limited is an India-based global provider of safety and critical components and solutions to various sectors including automotive, railways, defense, construction and mining, aerospace, marine, and oil and gas. The Company's segments include Forgings and Others. The Company is engaged in the manufacturing, assembling and selling of forged and machined components, including aluminum castings for the auto and industrial sector. It is also engaged in the manufacturing and assembly of electric vehicle related components. Its automotive products include engine, such as crankshaft, connecting rod, emission/after treatment and fuel injection system; chassis, such as front axle beams, steering knuckles, knuckle, fork and reinforcement bracket, and transmission and driveline, such as transmission components and driveline components. The Company's power products include thermal, such as shafts and gear boxes; hydro, such as rotor and others, and wind, such as shafts and gear boxes.

Sector

Iron & Steel

Calendar

2024-05-19 - Investor Meeting - Balyasny Asset Management

More about the company

Income Statement Evolution

More financial data

Ratings for Bharat Forge Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1,484 INR

Average target price

1,339 INR

Spread / Average Target

-9.78%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
BHARAT FORGE LIMITED	+19.37%	8.27B
JSW STEEL LIMITED	+3.06%	25.83B
BAOSHAN IRON & STEEL CO., LTD.	+18.38%	21.04B
JINDAL STEEL & POWER LIMITED	+35.74%	12.07B
CHINA STEEL CORPORATION	-7.22%	11.93B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+13.18%	11.11B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.27%	10B
TERNIUM S.A.	+2.38%	8.46B
JINDAL STAINLESS LIMITED	+23.60%	6.74B
BLUESCOPE STEEL LIMITED	-8.80%	6.26B

Iron, Steel Mills & Foundries