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BHARATFORG Share Price Discussion

Bharat Forge Ltd.
NSE: BHARATFORG | BSE: 500493 | ISIN: INE465A01025 | Sector: Engineering

BHARATFORG Rating

3.9/5 (14 Ratings)
BHARATFORG Share Price *
484.5 +0 (0%)
* (quote may be delayed)
Find answers to all your questions on live BHARATFORG message board: Is BHARATFORG buy or sell? Should I buy BHARATFORG shares? Why are BHARATFORG shares falling? Should I invest in BHARATFORG stock?

You can also check BHARATFORG share price target recommended by brokerages.

BHARATFORG Discussion Forum


BUY BHARATFORG FUTURE@487 SL 2 TARGET 495
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@tradingfab • Reputation: 815

19-02-20 Intraday BUY BHARATFORG in cash
only Above @ 485.10
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Sameer  @tradingfab
Yesterday 4:36 PM

LTP 485.50 🔥🔥
@newsbot • Reputation: 2,308
BS-VI switch: Truck and bus makers stuck with unsold stock of 19,000 vehicles
The companies are hoping to avoid a repeat of the situation of BS-III to BS-IV transition when around 40,000-45,000 BS-III grade trucks and buses remained unsold
Moneycontrol
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@RUDRA007 • Reputation: 2,542

BHARATFORG - chart - 602232
BULLISH GARTLEY FORMATION.
PATTERN COMPLETES AROUND 455 LEVELS
SELL ON RISE CANDIDATE,,
VIEW GETS NEGATED ABOVE 508,
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@newsbot • Reputation: 2,308
Coronavirus outbreak: No shutdowns by Indian auto suppliers yet
Motherson Sumi and Bharat Forge have cautioned that if production does not restart in China in the coming days there will be a direct impact on their operations
Moneycontrol
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@newsbot • Reputation: 2,308
Bharat Forge eyes defence orders for heavy lift drones
The drones can lift weights of 65 kilograms and fly at an altitude of 6,000 meters.
Moneycontrol
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@newsbot • Reputation: 2,308
Hold Bharat Forge; target of Rs 481: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on Bharat Forge with a target price of Rs 481 in its research report dated February 10, 2020.
Moneycontrol
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Reversal day for BHARATFORG is Feb 17 based on Gann Maths method
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@newsbot • Reputation: 2,308
Bharat Forge Q3 runs into a speed breaker, valuations lofty
Moneycontrol
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@JetageMatrixSystems • Reputation: 5,338
BHARATFORG FEB20 FUT

Type
Sell
Instrument
BHARATFORG FEB20 FUT
Entry Price
₹490.7
Price@Trade
₹490.7
Target Price
₹465
Stop Price
₹508
Valid Till
Feb 18, 2020 3:20 PM
Margin
₹112,752.24 approx for 1300 Qty
Status
Exited
Exit Price
₹487.6
Net P&L
3.57% Profit
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Reply (1)
Latest replies
J2K @JetageMatrixSystems
Feb 12 6:49 PM

Update
Exited
Exit Price
₹487.6
Net P&L
3.57% Profit
@100billionclub • Reputation: 3,202

SELL BHARATFORG FEB BELOW 484.50
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@newsbot • Reputation: 2,308
Bharat Forge share price fall 3% after Q3 numbers; brokerages express mixed views
Morgan Stanley has an equal-weight call on the stock with a target price of Rs 401. Nomura has maintained a neutral rating on the stock with a target raised to Rs 475.
Moneycontrol
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@stocktrendr • Reputation: 319

Morgan Stanley on Bharat Forge: The brokerage has an 'equal-weight' call on the stock with a target ar Rs 401 per share. It added that valuation has corrected but remains lofty.
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Q. Short bharat forge

I shorted bharatforge but it shrtcovered....i have carried it for tomorrow .....what's ur view
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Reply (6)
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J2K @JetageMatrixSystems
Feb 11 7:35 PM

Demand came @ 483/485 levels and exhausted @ 499 ...looks like a setup to trap the bulls and the stock is going to fall in last 30 mins (probability is 70%)
J2K @JetageMatrixSystems
Feb 11 9:09 PM

We have initiated short as suggested in last 30 mins purely to check and experience ....risk is high in developing new strategy so please asses your risk before investing
J2K @JetageMatrixSystems
Feb 12 8:35 PM

Now 480 and still going down
Chandan @chandan-rkwJZUrMU
Feb 12 8:48 PM

Sir i faced huge loss in ibulhsgfn and pel as i didn't followed the news ...so to cover this loss can i long SRF 4000 PE as BTST
Chandan @chandan-rkwJZUrMU
Feb 12 8:48 PM

Ur suggestion on bharatforge was saviour to me

BHARAT FORGE LTD BFRG.NS - DEC QTR REVENUE FROM OPS 10.77 BLN RUPEES VS 16.93 BLN RUPEES LAST YEAR
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@newsbot • Reputation: 2,308
Auto stocks get a coronavirus shock; M&M, Motherson Sumi take a big knock
The fall in January vehicle sales also caused selling pressure in auto stocks.
Moneycontrol
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@newsbot • Reputation: 2,308
Coronavirus impact: Auto stocks under pressure; M&M, Motherson Sumi lead declines
The fall in January vehicle sales also caused selling pressure in auto stocks.
Moneycontrol
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@newsbot • Reputation: 2,308
Bharat Forge Q3 profit plunges 59% on weak demand
Consolidated revenue was down 36.4 percent YoY to Rs 1,076.7 crore for the quarter ended December 31, 2019.
Moneycontrol
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somiish shukkla in BHARATFORG
#Bharatforge is good to buy between 512-515 for...

#bharatforge initially ditched the level but from 508 to 504 is a good recovery for losses. 11:04 / 10-Feb
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#Bharatforge is good to buy between 512-515 for 518 close / above this for 524 sell only below 508
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@100billionclub • Reputation: 3,202
BHARATFORG FEB20 FUT

Type
Buy
Instrument
BHARATFORG FEB20 FUT
Entry Price
₹500
Price@Trade
₹501.3
Target Price
₹512
Stop Price
₹490
Valid Till
Feb 11, 2020 3:20 PM
Margin
₹116,465.43 approx for 1300 Qty
Status
Exited
Exit Price
₹507.5
Net P&L
8.37% Profit
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Latest replies
TrackerBot @trackerbot
Feb 4 8:44 PM

Update
Trade Entered
Entry Price
₹500

Update
Exited
Exit Price
₹507.5
Net P&L
8.37% Profit

CARRIED: 2ND TGT ACHIEVED IN BHARATFORG AT 516, BOOK PROFIT RS 19,200
tradewithprobabilies in BHARATFORG
Bharat forge support @470-467.5

Now 490++
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tradewithprobabilies in BHARATFORG
Bharat forge support @470-467.5

Made high @485.5 lot size 1.3k calculate profit from yourself
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BHARATFORG - chart - 575204
Look now Bharat forge made high 481 from exact 467.3 we already indicated this support level in opening bell plz check
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Bharat forge support @470-467.5
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@TTA • Reputation: 23,829
BHARATFORG FEB20 FUT

Type
Buy
Instrument
BHARATFORG FEB20 FUT
Entry Price
₹496
Price@Trade
₹496
Target Price
₹520
Stop Price
₹474
Valid Till
Feb 27, 2020 3:20 PM
Margin
₹113,720.36 approx for 1300 Qty
Status
Exited
Exit Price
₹498.35
Net P&L
2.69% Profit
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Latest replies
TTA @TTA
Feb 1 4:21 PM

Update
Exited
Exit Price
₹498.35
Net P&L
2.69% Profit
@sifm • Reputation: -4,659
BHARATFORG JAN20 FUT

Type
Sell
Instrument
BHARATFORG JAN20 FUT
Entry Price
₹506
Price@Trade
₹505.7
Target Price
₹500
Stop Price
₹510
Valid Till
Jan 28, 2020 3:20 PM
Margin
₹116,177.27 approx for 1300 Qty
Status
Target Achieved
Exit Price
₹500
Net P&L
6.71% Profit
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TrackerBot @trackerbot
Jan 28 7:20 PM

Update
Trade Entered
Entry Price
₹506
TrackerBot @trackerbot
Jan 28 8:00 PM

Update
Target Achieved
Exit Price
₹500
@newsbot • Reputation: 2,308
Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term
Ashwani Gujral of ashwanigujral.com recommends buying PVR with a stop loss of Rs 1960, target of Rs 2010 and Kotak Mahindra Bank with a stop loss of Rs 1630, target of Rs 1665.
Moneycontrol
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JACKPOT INTRADAY in BHARATFORG
BHARATFORG
New trade: Buy BHARATFORG, CMP@515, Enter@518.1...
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@rajivkumarjha • Reputation: -176,273
BHARATFORG JAN20 530 CE

Type
Buy
Instrument
BHARATFORG JAN20 530 CE
Entry Price
₹3.1
Price@Trade
₹3.1
Target Price
₹10
Stop Price
₹1
Valid Till
Jan 30, 2020 3:20 PM
Margin
₹4,030 approx for 1300 Qty
Status
Exited
Exit Price
₹3.85
Net P&L
24.19% Profit
1
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Reply (1)
Latest replies
robotrade @rajivkumarjha
Jan 24 8:01 PM

Update
Exited
Exit Price
₹3.85
Net P&L
24.19% Profit
BHARATFORG

Type
Buy
Instrument
BHARATFORG
Entry Price
₹518.15
Price@Trade
₹515
Target Price
₹524
Stop Price
₹512.45
Valid Till
Jan 24, 2020 3:20 PM
Margin
₹518.15 approx for 1 Qty
Status
Exited
Exit Price
₹518.5
Net P&L
0.07% Profit
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Latest replies

@sriramchakri Price at the time of posting a trade. u get ample time to enter a trade

Update
Exited
Exit Price
₹518.5
Net P&L
0.07% Profit
sriram Chakri @sriramchakri
Jan 24 7:20 PM

Ok sir that means we has to enter on entry price only right sir
@TEJGYAN • Reputation: 64

BHARATFORG - chart - 553707
#GOOD_TO_KNOW
#FRESH_VIEW (23 JAN)
#BHARAT_FORGE CMP 515+
SUPPORT 454
LONG TERM VIEW
HUGE VOLUME SEEN ON MONTHLY HCART
FORMATION OF RIGHT SHOULDER
BUY IN SIP
A LITTLE BIT CONSOLIDATION POSSIBLE
PRICE MOMENTUM
454_466_478_496_514_528_546_586_600_632_680
CHART FOR STUDY
HOPE FOR T...
Read more...
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@harishm • Reputation: -6,740
BHARATFORG JAN20 FUT

Type
Sell
Instrument
BHARATFORG JAN20 FUT
Entry Price
₹505
Price@Trade
₹505
Target Price
₹491.3
Stop Price
₹515.3
Valid Till
Jan 30, 2020 3:20 PM
Margin
₹116,731.55 approx for 1300 Qty
Status
Stoploss Hit
Exit Price
₹515.3
Net P&L
-11.47% Loss
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TrackerBot @trackerbot
Jan 23 7:56 PM

Update
Stoploss Hit
Exit Price
₹515.3
@pyramidstock • Reputation: 2,460

BTST BHARATFORGE CMP 520 SL 509
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Positional Trade
Buy BharatForg 510 PE
@11.65-12.3
TGT 14/16/18+
SL- 9.65
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BHARATFORG - 527896

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@tradingwiz • Reputation: 610
tradingwiz
Stocks watchlist for Today. Long Side: Adanipor...

Just check OUT our watchlist everyday and earning money will be easy....mentioned Bharatforge. Other stocks too have hit
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@pyramidstock • Reputation: 2,460
Pyramidstock in BHARATFORG
buy bharat forge cmp 502-501 Sl 490 tgt 509-519...

516 ENJOY KEEP TRAILING SL
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@harishm • Reputation: -6,740
BHARATFORG JAN20 FUT

Type
Sell
Instrument
BHARATFORG JAN20 FUT
Entry Price
₹510.5
Price@Trade
₹508.7
Target Price
₹498.5
Stop Price
₹517.5
Valid Till
Jan 10, 2020 3:20 PM
Margin
₹116,900.63 approx for 1300 Qty
Status
Stoploss Hit
Net P&L
-7.78% Loss
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Latest replies
TrackerBot @trackerbot
Jan 10 3:47 PM

Update
Trade Entered
Entry Price
₹510.5
TrackerBot @trackerbot
Jan 10 5:16 PM

Update
Stoploss Hit
Exit Price
₹517.5

💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
BUY BHARAT FORGE AT THE VERY BEGINING
STRICT STOP LOSS - 502
1ST TARGET - 512
2ND TARGET - 514
3RD TARGET - 516
## GO WITH SAFER QUANTITY ##
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Please con...
Read more...
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@guptan • Reputation: 3,156

BHARATFORG - chart - 522741
BHARATFORG
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Latest replies
Sanjay Gupta @sanjaygupta
Jan 9 5:31 PM

please advice about Stoploss ... is it once touch given support or it should be on day closing?

Closebasis
Sanjay Gupta @sanjaygupta
Jan 9 5:47 PM

Thanks
@pyramidstock • Reputation: 2,460
Pyramidstock in BHARATFORG
buy bharat forge cmp 502-501 Sl 490 tgt 509-519...

509 1st tgt done intraday trader can book Rest hold
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FUTURE LOVER
#BHARATFORG FUT BUY ABOVE 502 TGT OPEN
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@pyramidstock • Reputation: 2,460

buy bharat forge cmp 502-501 Sl 490 tgt 509-519-530 INtraday+BTST
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BHARATFORG JAN20 FUT

Type
Buy
Instrument
BHARATFORG JAN20 FUT
Entry Price
₹493.5
Price@Trade
₹496.75
Target Price
₹515
Stop Price
₹483
Valid Till
Jan 30, 2020 3:20 PM
Status
Expired before entry
Short Term Stock Future Buy BHARATFORG JAN @493-494.3 SL 483 TGT 515
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Latest replies
TrackerBot @trackerbot
Jan 9 9:11 PM

Update
Expired before entry
Price @ Update
₹509.5
BHARATFORG

Type
Buy
Instrument
BHARATFORG
Entry Price
₹493.5
Price@Trade
₹496.8
Target Price
₹515
Stop Price
₹483
Valid Till
Jan 16, 2020 3:20 PM
Status
Expired before entry
Short Term Stock Future Buy BHARATFORG JAN @493-494.3 SL 483 TGT 515
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Latest replies
TrackerBot @trackerbot
Jan 9 9:10 PM

Update
Expired before entry
Price @ Update
₹507.3
JACKPOT FNO Call in BHARATFORG
BHARATFORG JAN20 FUT
New trade: Sell BHARATFORG JAN20 FUT, CMP@482.8...

NEW LOW 471
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[In reply to TRADERS SEVENTH HEAVEN]
BHARATFORG 480 PE NEAR 10 TO 14.5✅✅
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BHARATFORG JAN20 FUT

Type
Sell
Instrument
BHARATFORG JAN20 FUT
Entry Price
₹483
Price@Trade
₹482.85
Target Price
₹475
Stop Price
₹487.5
Valid Till
Jan 6, 2020 3:20 PM
Margin
₹111,547.51 approx for 1300 Qty
Status
Exited
Net P&L
2.74% Profit
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Reply (2)
Latest replies
TrackerBot @trackerbot
Jan 6 3:11 PM

Update
Trade Entered
Entry Price
₹483

Update
Exited
Exit Price
₹480.65
Net P&L
2.74% Profit
@100billionclub • Reputation: 3,202

CARRIED SELL BHARATFORG BELOW 486
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  • BHARATFORG - Share Price - Fundamentals

    keyboard_arrow_down
    Market Capitalization23,822.65
    Enterprise Value34,923.79
    Price to Earnings46.11
    Price to Book Value4.41
    Return on Capital Employed0.17
    Return on Equity0.15
    Face Value2
    Dividend Yield0.01
  • BHARATFORG Share Price - Technicals

    keyboard_arrow_down
    BHARATFORG - 52 Week High₹548.25
    BHARATFORG - 52 Week Low₹376
  • BHARATFORG - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    8-Nov-19Prabhudas LilladherHold453
    11-Oct-19Prabhudas LilladherHold430
    3-Oct-19Karvy Stock BrokingHold498
    19-Aug-19Geojit Financial ServicesReduce376
    25-May-19Karvy Stock BrokingBuy580
    BHARATFORG Brokerage Price Target
  • BHARATFORG Share Price - Historical (₹)

    keyboard_arrow_down
    DateOpenHighLowClose
    Feb 20479490.9476484.5
    Feb 19483.25487.65477.65480.05
    Feb 18482.1482.65473480.4
    Feb 17486488.4481.25485.35
    Feb 14484.55496.4484485.45
  • BHARATFORG Share Price - Daily Moving Averages (DMA)

    keyboard_arrow_down
    20 Day Moving Average₹495.64
    30 Day Moving Average₹502.35
    50 Day Moving Average₹494.33
    100 Day Moving Average₹470.76
    200 Day Moving Average₹454.09
  • BHARATFORG - Profit And Loss

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Revenue5,3723,864.660.39
    Operating Profit1,4031,056.60.33
    Profit Before Tax1,130842.490.34
    Net Income707585.080.21
  • BHARATFORG - Balance Sheet

    keyboard_arrow_down
    CONSOLIDATEDMar-19Mar-18 % Change
    Shareholder's Funds5,3984,6140.17
    Total Liabilities4,5413,8100.19
    Total Assets9,9398,4260.18
  • BHARATFORG - Cash Flow

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Cash from Operating Activity941892.380.05
    Cash from Investing Activity-696-579.330.2
    Cash from Financing Activity-366-371.93-0.02
    Net Cash Flow-122-58.881.07
  • BHARATFORG - Ratios

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17
    Return on Assets0.080.08
    Return on Equity0.150.14
    Return on Capital Employed0.170.14
  • BHARATFORG - 3 year Growth

    keyboard_arrow_down
    3 Year CAGR Growth in Revenue0.18
    3 Year CAGR Growth in Operating Profit0.08
    3 Year CAGR Growth in EBIDTA0.07
    3 Year CAGR Growth in Net Income-0.02
    3 Yr CAGR Growth - Diluted EPS-0.51
  • BHARATFORG - 5 year Growth

    keyboard_arrow_down
    5 Year CAGR Growth in Revenue0.7
    5 Year CAGR Growth in Operating Profit1.03
    5 Year CAGR Growth in EBIDTA0.86
    5 Year CAGR Growth in Net Income1.31
    3 Yr CAGR Growth - Diluted EPS0.16
  • BHARATFORG - Recent News

    keyboard_arrow_down
    NewsBot
    Feb 18 8:13 PM
    BS-VI switch: Truck and bus makers stuck with unsold stock of 19,000 vehicles
    Moneycontrol
    NewsBot
    Feb 14 1:58 PM
    Coronavirus outbreak: No shutdowns by Indian auto suppliers yet
    Moneycontrol
    NewsBot
    Feb 13 8:43 PM
    Bharat Forge eyes defence orders for heavy lift drones
    Moneycontrol
    NewsBot
    Feb 13 8:23 PM
    Hold Bharat Forge; target of Rs 481: Prabhudas Lilladher
    Moneycontrol
    NewsBot
    Feb 11 10:28 PM
    Bharat Forge Q3 runs into a speed breaker, valuations lofty
    Moneycontrol
    NewsBot
    Feb 11 4:28 PM
    Bharat Forge share price fall 3% after Q3 numbers; brokerages express mixed views
    Moneycontrol
    NewsBot
    Feb 10 8:33 PM
    Auto stocks get a coronavirus shock; M&M, Motherson Sumi take a big knock
    Moneycontrol
    NewsBot
    Feb 10 8:18 PM
    Coronavirus impact: Auto stocks under pressure; M&M, Motherson Sumi lead declines
    Moneycontrol
    NewsBot
    Feb 10 7:38 PM
    Bharat Forge Q3 profit plunges 59% on weak demand
    Moneycontrol
    NewsBot
    Jan 27 2:23 PM
    Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term
    Moneycontrol
  • BHARATFORG - Related Communities

    keyboard_arrow_down
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  • BHARATFORG - More Information

    keyboard_arrow_down

    Bharat Forge Ltd:
    Bharat Forge Limited, headquartered at Pune, is a transnational company, engaged in manufacturing and supplying forged products in India and abroad. The company has achieved global recognition by manufacturing and supplying an effective and premium quality of forging components, for several high-security and heavy-industry sectors. The defence and aerospace along with railways and mining are included in it. The company is currently offering product development solutions and design engineering nationally as well as globally.
    The company is currently possessing manufacturing facilities in India, France, Sweden, Germany and North America. The company has achieved a milestone of reaching the top-most position in manufacturing and exporting automotive components along with chassis components in India. Bharat Forge Limited was incepted in 1961.
    About Company Information:
    In the year of 1966, a big contract on carriage components was won by the company resulting in its export operation in the erstwhile USSR. An investment in state-of-art forging technology was carried by the company in 1990, one year back of its commencement of exporting engine and chassis components to the USA, UK and Japan.
    In 2001, a press line of 16000 Metric Ton was commissioned by the firm. A year after, an investment of $80 million was carried in Heavy Duty Truck Crankshaft Machining facilities, Testing & Validation and Research & Development. Acquiring Germany’s Carl Dan Peddinghus GmbH & Co. KG (CDP), the company became the second-largest forging company of the planet in November 2003.
    In 2005, Sweden based Imatra Kilsta AB, along with its complete subsidiary Scottish Stampings Ltd in Scotland, was acquired by Bharat Forge Beteiligungs GmbH, Germany, resulting as the renaming of the acquired firm and its subsidiary as Bharat Forge Kilsta AB (BF Kilsta) and Bharat Forge Scottish Stampings Ltd, respectively.
    In 2006, the company invested a lump sum of $ 100 million, of setting up a forging and machining facilities for intervening non-auto components industry. Two years later an MoU was signed between the company and NTPC in 2008, a year before developing the ‘Joint Venture’, namely BF-NTPC Energy Systems Ltd, in a 51:49 ratio of equity interest between the company and NTPC Limited. Nation’s largest Commercial Open Forging Press was incorporated by the firm in August 2008. A joint venture and shareholding agreement took place between the firm and France’s AREVA NP, for the incorporation of a heavy forging and casting components manufacturing facility for serving the heavy industries, especially the nuclear power sectors.
    In 2010-11 a vertical heat treatment facility was commissioned by the company, for manufacturing Generator Rotors and Turbine along with facilitating thermo-stability. Alstom Power JV and the company bagged a lump sum of Rs.2, 251 crores from NTPC, supplying three supercritical turbine islands, which were ordered by the NTPC to Alstom-Bharat, in 2013. An amalgamation was established between Bharat Forge and Safran for intervening nation’s civil and military aerospace.
    A highly technocratic rail compliments manufacturing facility was inaugurated at the Bharat Forge Centre for Advanced Manufacturing in Baramati in 2015. A contract of around $219 million, for supplying two units of 800 MW ultra-supercritical Steam Turbine Generator Islands on EPC basis together with the corresponding civil work for Telangana Super Thermal Power Project Phase-1, was achieved by Alstom Bharat Forge Power Private Ltd.
    An approval to acquire the remaining 40% stake in its subsidiary Analogic Controls India Limited was decided by the Board of Directors of Bharat Forge in August 2017 to convert it as the solely owned subsidiary of the company. ACIL is engaged in producing advanced electronic technologies, related to mainly the defence sector such as safety arming mechanism, launcher relay unit etc. with a turnover of Rs.7.34 crore in FY 2016-17.
    Bharat forges launched an R&D unit at United Kingdom’s MIRA Technology Park for focusing and emphasizing on electric vehicles. An investment around Rs.30 crore for an eventual stake of 45% was carried out by the company in Tork Motorcycles. The company in the financial year of 2017-18 has enjoyed a revenue and net profit of Rs.8358 crores and Rs.762 crores respectively.
    How Bharat Forge Ltd, is categorized as Engineering Sector and Engineering - Forging Industry:
    The Indian Engineering sector has seen an extraordinary growth over the last few years inspired by increased investments in infrastructure and industrial production. The engineering sector is of decisive importance to India’s economy.
    On its journey to becoming a global superpower, India has made meaningful strides towards the development of its engineering sector. The Government of India has designated the Engineering Export Promotion Council (EEPC) as the zenith body in charge of the promotion of engineering goods, products and services from India. The engineering sector in India draws immense interest from foreign players as it holds a comparative advantage in terms of production costs, technology and innovation.
    Bharat Forge Ltd, is categorized as Engineering Sector and Engineering - Forging Industry. Forging industry remains a backbone of the manufacturing industry. The sectors which boost economic growth such as Power, Construction, Railways, Mining, General engineering, Automobile and Industrial machinery, and so on depends on the Forging industry. It is well known for its technical abilities. Indian forging industry has a capacity to forge a mixture of raw materials like Carbon steel, stainless steel, alloy steel, superalloy, aluminium, titanium and so forth, as per the requirements of the user industry.
    Bharat Forge Ltd, Competitors and Sector Peers:
    Bharat Forge Ltd. BHAFOL
    Aditya Forge Ltd. ADIFOR
    Amforge Industries Ltd. AMFIND
    ASL Industries Ltd. ASLIND
    BCL Forgings Ltd. BCLFOR
    EL Forge Ltd. ELFORL
    Ganga Forging Ltd. GANFOR
    Hilton Metal Forging Ltd. HILMET
    Kalyani Forge Ltd. KALFOR
    LGB Forge Ltd. LGBFOR
    M M Forgings Ltd. MMFORL
    Mahindra CIE Automotive Ltd. MAHFOR
    Metalyst Forgings Ltd. AHMFOR
    Micro Forge (India) Ltd. MICFOR
    Patheja Forgings & Auto Parts Manufacturers Ltd. PATFOR
    Pradeep Metals Ltd. PRAMET
    Rajkumar Forge Ltd. RAJFOR
    Ramkrishna Forgings Ltd. RAMFOR
    S S Forging & Engineering Ltd. SSFOR
    Sanghvi Forging & Engineering Ltd. SANFOR
    Shree Ganesh Forgings Ltd. SHREGA
    Shree Metalloys Ltd. VALIND
    Smiths & Founders (India) Ltd. SHITEC
    Techno Forge Ltd. TECFOR
    Tirupati Forge Ltd. TIRFOR
    Vipras Corporation Ltd. VIPCOR
    Vybra Automet Ltd. VYBAUT
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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