Bharat Forge has been able to win many orders, including components for missiles, from the Ministry of Defence. Read more about Bharat Forge Ltd drops for fifth straight session on Business Standard. 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. Capital Market  Digital Editor. Copyrights © 2021 Business Standard Private Ltd. All rights reserved. In its November 8 report, Credit Suisse suggested that the Bharat Forge stock had bottomed out even though the recovery will be gradual. 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. Use 615.7 as stoploss in an intra day sell trade for a target of 575.83. Targets Enjoy Reading! Bombay Stock Exchange 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. 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. Bharat Forge's products include front axle beams, steering knuckles, connecting rods and crankshafts. 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. Your support through more subscriptions can help us practise the journalism to which we are committed. The benchmark NIFTY is down around 0.76% on the day, quoting at 11231.25. WhatsApp 128 reviews from Bharat Forge Ltd employees about Bharat Forge Ltd culture, salaries, benefits, work-life balance, management, job security, and more. - NEWS as on 2020-12-24, Company Announcement Bharat Forge Limited has informed the Exchange regarding 'Loss of Share Certificate'. A Pune-based multinational infrastructure company, Bharat Forge Limited, has invested ₹113.75 million (~$1.51 million) in Avaada SataraMH Private Limited (ASPL). Bharat Forge PMT 2105 Schmiede St Surgoinsville, TN 37873 Tel: 423-345-4500 Fax: 423-345-4507 E-Mail: info@bharatforge-gh.com Get detailed Bharat Forge stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Tomorrow 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. However, stock will show a bullish move above 615.7. AMEX American Stock Exchange Bharat Forge and its subsidiary Bharat Forge Aluminum USA, Inc. are part of the Kalyani Group of companies, headquartered in Pune, India. Its 52-week low stands at Rs.720.65. A preferred technology and engineering driven development partner and global leader in metal forming, Bharat Forge serves several sectors including Automotive, Railways, Aerospace, Marine, Oil and Gas, Power, Construction and Mining. Bharat Forge is currently the top loser on the BSE. 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). The PE of the stock is 65.99 based on TTM earnings ending June 20. 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. 1,070 crore, according to ICICI Direct. - 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 Daily analysis, news, Munafa stocks list in email: Share: 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.. The stock price has fallen after there came in news that its truck orders in North America have fallen to the lowest level since Feb 2011. Reviews from Bharat Forge Ltd employees about Bharat Forge Ltd culture, salaries, benefits, work-life balance, management, job security, and more. Bharat Forge share price live updates on The Economic Times. @Hash LinkedIn We believe in free, fair and credible journalism. BHARAT FORGE CDP is the leading supplier of forged chassis and engine components, as well as non-automotive systems. Bharat Forge reports consolidated loss of Rs 127.3 crore in Apr-Jun qtr. Digg The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. IGL share price live updates on The Economic Times. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Therefore, Bharat Forge has an ROCE of 19%. Check out why IGL share price is falling today. 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. [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. Sales on the other hand came in at Rs 11 bn (down 36.4% YoY). Bharat Forge Ltd’s mounting challenges echo the global impact of the covid-19 pandemic. Tips Company Announcement Bharat Forge Limited has informed the Exchange about Loss of Share Certificates Bharat Forge: dim outlook as exports fall 1 min read. SUNDRAM FASTENERS Announces Quarterly Results (2QFY20); Net Profit Down 35.5% (Quarterly Result Update) The Bharat Forge stock has been battered badly after news that the huge Class 8 truck sales have started falling in the US. Reddit - 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 Ltd is quoting at Rs 465, down 1.31% on the day as on 13:29 IST on the NSE. A short reversal can happen anytime. Tweet 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 is a good sign, and the stock might keep rising and move higher! Technical Recent prices of BHARATFORG Bharat Forge Limited are as follows: Daily volume is divided by 10 day averaged volume. 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. Check out our latest analysis for Bharat Forge . - NEWS as on 2021-01-13, Bharat Forge Q3 PAT may dip 23.2% YoY to Rs. Antique Stock Broking in its November 9 report increased its price target, saying the stock is undervalued on changing earnings profile. Bharat Forge saw a sharp decline in revenues in domestic and international markets. StumbleUpon, Stock Facebook Kindly visit the Manage my subscription page to discover the benefits of this programme. Indicator MACD is in positive zone, 51.22, 35.8, 11.55 Indicator ADX is indicating that momentum is still strong. “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. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". It is the most widely used risk indicator in the field of investing and finance. We, however, have a request. Commodity MCX India The stock is down over 4.5% at Rs.790 levels from yesterday’s close of Rs.829.45. My analysis of Bharat Forge is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Stock is slowly closing in and getting inside a small range. Current RSI is: 57 Indicator RSI is indicating buying momentum and stock might rise. 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. NYSE New York Stock Exchange - 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'. - 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'. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. Support quality journalism and subscribe to Business Standard. - NEWS as on 2020-12-01, NSE Stock Exchange 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. INDICES Global Indices Bharat Forge Ltd is quoting at Rs 465, down 1.31% on the day as on 13:29 IST on the NSE. For the quarter ended December 2019, BHARAT FORGE has posted a net profit of Rs 1 bn (down 58.7% YoY). Bharat Forge’s Q2FY21 results came in below analysts’ expectations. 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. NEWS Analysis Munafa Value, BHARATFORG NEWS reasons for why stock price of Bharat Forge Limited is falling or rising, 592.33, 566.74, 19.07 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. Get detailed IGL stock price news and analysis, Dividend, Bonus … - NEWS as on 2020-12-21, Company Announcement Bharat Forge Limited has informed the Exchange about Copy of Newspaper Publication - 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 Tomorrow's share price targets for Bharat Forge Limited are 617.97 and 637.08 on the upside . Check out why Bharat Forge share price is up today. 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. 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. Read here: Bharat Forge reports Q2 net loss of Rs 1.32 cr. 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. 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. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. 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 … 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. Bharat Forge is one of the leading forging companies in India. Forecast 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 7.46 pm | 12 Aug 2020 | Press Trust of India. Bharat Forge is the world's largest forging company. 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. Bharat Forge Ltd fell for a fifth straight session today. Bharat Forge America, the 100% US subsidiary of Bharat Forge (BFL) that makes steel parts for vehicles, is in the final stage of either shutting down the operations or an imminent sale. NASDAQ Stock Exchange Is Bharat Forge's ROCE Good? Stock is getting in over sold or over bought zones very quickly. The investment enables Bharat Forge to purchase solar power under the group captive model. Look for opportunities to sell or SHORT Bharat Forge BHARATFORG at this time. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. ROCE can be useful when making comparisons, such … 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. The stock is quoting at Rs 465, down 1.31% on the day as on 13:29 IST on the NSE. New orders for US Class 8 trucks hit a 25-year low in April, falling 72% from a year ago. Indicator ADX is showing that momentum is towards buying. Last Updated at September 9, 2020 14:16 IST. Look for opportunities to BUY or go LONG in Bharat Forge BHARATFORG at this time. 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.. 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. BHARAT FORGE CDP is a member of the Kalyani Group — one of the leading industrial corporations in India. Read on for a complete analysis of BHARAT FORGE's quarterly results. - 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 '. Bharat Forge shares slid over 4 per cent on Wednesday after a global brokerage house CLSA downgraded the stock from ‘buy’ to ‘sell’. 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 The investment represents 8.98% of ASPL’s paid-up equity capital. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Stock is rising and might rise more. One of its four artillery guns is in an advanced stage of testing with the Indian Army. ), 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. 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. Stock is falling and might fall more. Shares of Bharat Forge fell over 4 percent after the company has given a low outlook, single-digit revenue growth for FY20. ExpertsView BHARAT FORGE Standard DeviationThe Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. 2021 Business Standard Premium Services '' edited by Business Standard Private Ltd. All rights reserved who have subscribed to online... Bullish move above 615.7 Indian Army cr: ICICI Direct net sales are expected to decrease by 0.6 percent (... Ratio ) is the most widely used risk indicator in the field of investing and.. Are currently trading at ₹454.95 Ministry of Defence check out why bharat Forge has been to. Credible journalism the Ministry of Defence inform you of the stock is slowly closing in and getting a. 2021 Business Standard ’ s close of Rs.829.45 Standard Deviation is commonly used to measure in... Levels from yesterday ’ s paid-up equity capital of 19 % subscription to our online content of! 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