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. 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. Bharat Forge Ltd’s mounting challenges echo the global impact of the covid-19 pandemic. - 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 '. Indicator MACD is in positive zone, 51.22, 35.8, 11.55 Indicator ADX is indicating that momentum is still strong. Digital Editor. Daily analysis, news, Munafa stocks list in email: Share: Check out why IGL share price is falling today. Bombay Stock Exchange WhatsApp Bharat Forge shares slid over 4 per cent on Wednesday after a global brokerage house CLSA downgraded the stock from ‘buy’ to ‘sell’. Technical 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. 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.. In its November 8 report, Credit Suisse suggested that the Bharat Forge stock had bottomed out even though the recovery will be gradual. Last Updated at September 9, 2020 14:16 IST. 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 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. The PE of the stock is 65.99 based on TTM earnings ending June 20. Bharat Forge is the world's largest forging company. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. Kindly visit the Manage my subscription page to discover the benefits of this programme. ), 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. Look for opportunities to sell or SHORT Bharat Forge BHARATFORG at this time. Stock is rising and might rise more. Analysis Tips Bharat Forge is currently the top loser on the BSE. Digg BHARAT FORGE CDP is a member of the Kalyani Group — one of the leading industrial corporations in India. [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. Recent prices of BHARATFORG Bharat Forge Limited are as follows: Daily volume is divided by 10 day averaged volume. We, however, have a request. Bharat Forge saw a sharp decline in revenues in domestic and international markets. Company Announcement Bharat Forge Limited has informed the Exchange about Loss of Share Certificates Antique Stock Broking in its November 9 report increased its price target, saying the stock is undervalued on changing earnings profile. 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. 128 reviews from Bharat Forge Ltd employees about Bharat Forge Ltd culture, salaries, benefits, work-life balance, management, job security, and more. Its 52-week low stands at Rs.720.65. Tomorrow 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. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Facebook 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. NEWS Read on for a complete analysis of BHARAT FORGE's quarterly results. A Pune-based multinational infrastructure company, Bharat Forge Limited, has invested ₹113.75 million (~$1.51 million) in Avaada SataraMH Private Limited (ASPL). SUNDRAM FASTENERS Announces Quarterly Results (2QFY20); Net Profit Down 35.5% (Quarterly Result Update) Indicator ADX is showing that momentum is towards buying. Targets Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. - 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'. 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 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. 7.46 pm | 12 Aug 2020 | Press Trust of India. 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. “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. 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 PMT 2105 Schmiede St Surgoinsville, TN 37873 Tel: 423-345-4500 Fax: 423-345-4507 E-Mail: info@bharatforge-gh.com Is Bharat Forge's ROCE Good? Stock is falling and might fall more. BHARAT FORGE CDP is the leading supplier of forged chassis and engine components, as well as non-automotive systems. 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. However, stock will show a bullish move above 615.7. Reddit IGL share price live updates on The Economic Times. Enjoy Reading! Bharat Forge reports consolidated loss of Rs 127.3 crore in Apr-Jun qtr. Therefore, Bharat Forge has an ROCE of 19%. Support quality journalism and subscribe to Business Standard. This is a good sign, and the stock might keep rising and move higher! Bharat Forge’s Q2FY21 results came in below analysts’ expectations. LinkedIn Check out our latest analysis for Bharat Forge . Check out why Bharat Forge share price is up today. 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. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Get detailed Bharat Forge stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. 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