Bharat Forge Ltd

(BHARATFORG)

Bharat Forge's Successful German Acquisition Highlighted - 22 Nov, 2024

Bharat Forge's Chairman, Baba Kalyani, emphasized the successful acquisition of a German company, overcoming skepticism and establishing trust, leading to significant partnerships with major European automakers.

Bharat Forge Wins Major Defence Contract - 21 Nov, 2024

Bharat Forge has emerged as the lowest bidder for the ₹6,000 crore ATAGS contract, securing 60% of the deal. The company reported significant revenue growth in its defence division, despite a recent decline in share price.

Bharat Forge Engages in Key Contracts and Investments - 20 Nov, 2024

Bharat Forge is negotiating a contract for the Advanced Towed Artillery Gun System and plans to invest ₹3,500 crore in a titanium plant in Odisha. However, net sales for September 2024 show a decline of 2.27% year-on-year.

Bharat Forge Wins Major ATAGS Contract Bid - 19 Nov, 2024

Bharat Forge has emerged as the lowest bidder for the ₹6,000 crore Advanced Towed Artillery Gun System (ATAGS) contract, securing a 60% share. The company is in ongoing negotiations with the Indian Ministry of Defence, with expectations to finalize the contract before the end of the financial year 2024-25.

Bharat Forge Faces Challenges Amid Mixed Analyst Ratings - 18 Nov, 2024

Bharat Forge's Q2 results were flat, prompting Jefferies to cut its target price. Nomura remains neutral, citing strong defense orders but concerns over European market weakness. The stock hit a six-month low amid global demand challenges.

Bharat Forge Reports Mixed Q2 Results and Growth Outlook - 15 Nov, 2024

Bharat Forge's Q2 results reveal a profit increase of 7.2% year-over-year, despite a revenue decline. The company anticipates strong growth for its subsidiary JS Auto, projecting a 20% CAGR over the next few years.

Bharat Forge Reports Q2 Results and Management Changes - 14 Nov, 2024

Bharat Forge's Q2 results show a 13% YoY increase in net profit to Rs 243 crore, despite a revenue decline. The board also approved senior management changes.

Bharat Forge Shares Dip Ahead of Q2 Earnings - 13 Nov, 2024

Bharat Forge Ltd shares fell 2.06% to ₹1,332.55 ahead of the anticipated Q2 FY25 results. Market expectations include revenue of ₹4,070 crore and net profit of ₹313 crore.

Bharat Forge Shows Signs of Recovery After Drop - 11 Nov, 2024

Bharat Forge's stock, which peaked at Rs 1,826 on June 21, 2024, has consolidated for five months. Recent rebounds suggest potential easing of selling pressure, with experts noting that surpassing Rs 1,330 could signal bullish momentum.

Bharat Forge Stock Declines Amid Market Correction - 07 Nov, 2024

Bharat Forge's share price fell 0.58% to Rs 1462.4. The stock has seen a 38.65% increase over the past year, despite recent corrections.

Bharat Forge Contributes to Telangana's Automotive Hub - 06 Nov, 2024

Bharat Forge, along with Mahindra and others, is establishing advanced manufacturing facilities in Telangana, enhancing the region's capabilities in traditional and electric vehicle technologies.

Bharat Forge Secures Major Defence Contract Bid - 05 Nov, 2024

Bharat Forge has emerged as the lowest bidder for a ₹7,000 crore contract for Advanced Towed Artillery Gun Systems (ATAGS) developed by DRDO, expected to manage 60% of the order. This significant win highlights Bharat Forge's role in advancing India's defense manufacturing capabilities.