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Bharat Forge Ltd share price logo

Bharat Forge Share Price

(BHARATFORG)

₹1201.651.28%

as on 04:01PM, 21 Jan 2025

🔔 Expansion Alert

Bharat Forge plans to enter the niche semiconductor component business, aligning with the government's PLI scheme, with an investment of 4-5 thousand crores over the next few years.

Overview
News
Financials
Q3 2024 Results
Technicals
F&O

Bharat Forge Analyst Rating

based on 25 analysts

HOLD

56.00%

Buy

12.00%

Hold

32.00%

Sell

Based on 25 analysts offering long term price targets for Bharat Forge. An average target of ₹1428.32

Source: S&P Global Market Intelligence

Bharat Forge Share analysis

Bharat Forge price forecast by 25 analysts

Upside of17.34%

High

₹1839

Target

₹1428.32

Low

₹920

Bharat Forge target price ₹1428.32, a slight upside of 17.34% compared to current price of ₹1201.65. According to 25 analysts rating.

Source: S&P Global Market Intelligence

Bharat Forge Performance

  • Day's Low

    Day's High

    ₹1,199.55
    Day's Price Range
    ₹1,234.35
  • 52 Week's Low

    52 Week's High

    ₹1,063
    52-Week Price Range
    ₹1,804.5
1 Month Return-6.31 %
3 Month Return-15.62 %
1 Year Return+ 1.99 %
Previous Close₹1,217.20
Open₹1,223.30
Volume9.86L
Upper Circuit-
Lower Circuit-
Market Cap₹58,192.95Cr

Bharat Forge Key Statistics

P/E Ratio59.84
PEG Ratio10.02
Market Cap₹58,192.95 Cr
P/B Ratio6.14
EPS19.55
Dividend Yield0.8
SectorCastings, Forgings & Fastners
ROE17.52

Bharat Forge Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹58,192.95 Cr27.64%0.68₹910 Cr₹15,682 Cr
BUY₹59,629.79 Cr88.25%0.61₹924 Cr₹14,030 Cr
BUY₹35,192.15 Cr11.36%0.58₹517 Cr₹3,184 Cr
HOLD₹29,674.23 Cr19.61%0.50₹680 Cr₹10,240 Cr
BUY₹50,623.63 Cr49.88%0.51₹899 Cr₹7,250 Cr

About Bharat Forge

Bharat Forge Ltd is an Indian multinational company that was incorporated in 1961. It is headquartered in Pune, India and has operations in multiple lines of business, including automotive, power, oil and gas, construction and mining, railway, marine, aerospace, and defense.

The company is the world's second-largest forgings manufacturer and specializes in the production of high-performance components for the automotive, power, oil and gas, construction and mining, railway, marine, aerospace, and defense industries. Its top products include crankshafts, camshafts, suspension components, transmission components, engine components, and chassis components.

Bharat Forge is a leading supplier of components to some of the world's most popular brands, such as Mercedes-Benz, BMW, Volvo, Audi, Renault, Ford, and General Motors. The company also manufactures components for the Indian Armed Forces, and has supplied components to the Indian Space Research Organisation (ISRO).

Share Price: ₹1201.65 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹58,192.95Cr as of today
Revenue: ₹3,688.51Cr as on September 2024 (Q3 24)
Net Profit: ₹243.30Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: B N Kalyani
OrganisationBharat Forge
Headquarters
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for Bharat Forge Ltd

  • Bharat Forge Targets Semiconductor Market Amid Strong Earnings - 21 Jan, 2025

    Bharat Forge's Amit Kalyani discusses tariff concerns while announcing plans to enter the semiconductor sector. PL Capital forecasts a significant profit increase for Q3.
  • Bharat Forge Announces Senior Management Change - 20 Jan, 2025

    Bharat Forge has accepted the resignation of Krishnan Iyer, President & COO of the Component Business Unit. His last working day will be April 2, 2025.
  • Bharat Forge Secures Major Defence Orders - 17 Jan, 2025

    Bharat Forge has won new orders worth ₹22 billion in the first half of FY25, with a significant focus on the defence sector, accounting for ₹14 billion. The company continues to strengthen its position in global artillery exports and aircraft parts manufacturing.
  • Bharat Forge Downgraded Amid Slowing Business - 15 Jan, 2025

    Bank of America has downgraded Bharat Forge to Underperform, reducing the target price to ₹1,100 from ₹1,450, citing challenges in core business segments and overseas subsidiary losses.
  • Family Dispute Involving Bharat Forge Chairman Emerges - 14 Jan, 2025

    Promoters of Hikal, Jai and Sugandha Hiremath, allege that Baba Kalyani, chairman of Bharat Forge, has not honored commitments regarding the transfer of Hikal shares.
  • Bharat Forge Wins Major Artillery Production Deal - 13 Jan, 2025

    Bharat Forge has secured an ₹8,500 crore contract to produce 307 advanced towed artillery gun systems, manufacturing 60% of the units as the lowest bidder.
  • Bharat Forge Expands Stake and Defense Capacity - 31 Dec, 2024

    Bharat Forge's subsidiary KSSL has acquired a 25% stake in Edgelab S.p.A. The company is also expanding its defense manufacturing capacity while reporting strong revenue growth.
  • Bharat Forge Subsidiary Acquires Stake in Edgelab - 30 Dec, 2024

    Bharat Forge's subsidiary, Kalyani Strategic System, has completed the acquisition of a 25% stake in Edgelab S.p.A., acquiring 769,000 shares at €3.25 each.
  • Bharat Forge Expands Global Partnerships and Exports - 29 Dec, 2024

    Bharat Forge, India's largest auto component manufacturer, derives over 25% of its revenue from US exports. The company has partnered with AM General and Mandus Group to develop advanced artillery platforms for global markets.
  • Bharat Forge Announces Major Investments and Settlements - 24 Dec, 2024

    Bharat Forge is set to invest €39 million in its German subsidiary, BFGH, while also infusing $64.50 million into Bharat Forge America. Additionally, Kalyani Investment Company settled a SEBI case for ₹1.12 crore. These moves aim to strengthen financial positions and address outstanding borrowings.
  • Bharat Forge Secures Ratings, Investments, and Settles Case - 23 Dec, 2024

    Bharat Forge announces a ₹549 crore investment in US subsidiaries, receives 'AA+' rating from CARE, and shares rise 1.85%. Kalyani Investment settles a Sebi case.

Insights on Bharat Forge Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 202.81 Cr → 243.59 Cr (in ₹), with an average increase of 16.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.46% to 18.85% in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Lloyds Metals & Energy Ltd has given 1015.9% return, outperforming this stock by 966.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Lloyds Metals & Energy Ltd has given 138.3% return, outperforming this stock by 145.2%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 9.55% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 18.72% to 17.88% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 45.25% to 44.07% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 4.21K Cr → 3.75K Cr (in ₹), with an average decrease of 5.6% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, BHARATFORG stock has moved down by -28.4%

Bharat Forge Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹3,774.19Cr (-)₹3,866.41Cr (↑2.44%)₹4,164.21Cr (↑7.70%)₹4,106.15Cr (↓1.39%)₹3,688.51Cr (↓10.17%)
Net Income₹214.87Cr (-)₹254.45Cr (↑18.42%)₹227.12Cr (↓10.74%)₹174.58Cr (↓23.13%)₹243.30Cr (↑39.36%)
Net Profit Margin5.69% (-)6.58% (↑15.64%)5.45% (↓17.17%)4.25% (↓22.02%)6.60% (↑55.29%)
Value in ₹ crore
Details2021202220232024
Total Assets₹11,151.26Cr (-)₹12,886.53Cr (↑15.56%)₹14,282.88Cr (↑10.84%)₹15,235.31Cr (↑6.67%)
Total Liabilities₹5,202.63Cr (-)₹5,776.75Cr (↑11.04%)₹6,582.88Cr (↑13.95%)₹6,666.52Cr (↑1.27%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,376.66Cr (-)₹813.74Cr (↓40.89%)₹275.45Cr (↓66.15%)₹788.26Cr (↑186.17%)₹2,091.56Cr (↑165.34%)

Index Inclusions

Nifty Infra

₹8,309.50

-1.68 (-142.35%)

S&P BSE 150 MidCap

₹14,945.24

-1.93 (-294.87%)

Nifty 200

₹12,893.90

-1.72 (-225.55%)

S&P BSE MidCap Select

₹15,942.77

-2.43 (-397.27%)

Nifty Midcap 150

₹19,946.30

-1.99 (-404.6%)

Nifty Midcap Sel

₹12,013.35

-2.78 (-343.15%)

Nifty Midcap Liquid 15

₹13,366.05

-3.32 (-459.1%)

S&P BSE 400 MidSmallCap

₹11,370.96

-1.96 (-227.24%)

S&P BSE SEN. N50

₹77,308.59

-1.49 (-1173.15%)

Nifty LargeMidcap 250

₹15,003.60

-1.79 (-273.65%)

BSE 100

₹24,204.93

-1.58 (-389.62%)

Nifty Auto

₹22,303.20

-1.63 (-368.6%)

BSE Mid-Cap

₹43,167.39

-2 (-882.1%)

Nifty 500

₹21,433.20

-1.72 (-375.8%)

BSE Auto

₹50,377.80

-1.68 (-863.33%)

S&P BSE 250 LargeMidCap

₹9,973.51

-1.68 (-169.94%)

Nifty Midcap 50

₹14,963.00

-2.19 (-335.45%)

Nifty Midcap 100

₹53,834.95

-2.31 (-1271.25%)

BSE 500

₹33,693.47

-1.71 (-585.6%)

BSE 200

₹10,518.31

-1.67 (-178.83%)

Nifty MidSmallcap 400

₹18,740.20

-2.04 (-389.55%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Bharat Forge Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.07%
-2.61
Foreign Institutions
17.88%
-4.52
Mutual Funds
18.85%
14.52
Retail Investors
9.55%
0.02
Others
9.65%
-3.62

Bharat Forge Key Indicators

Details20202021202220232024
Return On Equity %8.814.8414.7514.1217.52
Details20202021202220232024
Return On Assets %3.58-1.138.393.76.24
Details20202021202220232024
Book Value Per Share (₹)112.07116.27141.08143.98153.96
Details20202021202220232024
Earning Per Share (₹)7.5-2.7323.1310.9219.55

Bharat Forge Valuation

Bharat Forge in the last 5 years

  • Overview

  • Trends

Lowest (-279.83x)

June 10, 2021

Industry (40.85x)

January 20, 2025

Today (59.84x)

January 20, 2025

Highest (537.31x)

February 28, 2018

LowHigh

Bharat Forge Earnings and Dividends

  • Bharat Forge Ltd Earnings Results

    Bharat Forge Ltd’s net profit jumped 7.2% since last year same period to ₹243.59Cr in the Q2 2024-2025. On a quarterly growth basis, Bharat Forge Ltd has generated 20.11% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bharat Forge Ltd Dividends May,2024

    In the quarter ending March 2024, Bharat Forge Ltd has declared dividend of ₹6.50 - translating a dividend yield of 0.75%.

    Read More about Dividends

Bharat Forge Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bharat Forge Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Bharat Forge Ltd

Bharat Forge Ltd share price today stands at ₹1201.65, Open. ₹1223.3 ; Previous Close. ₹1217.2 ; High. ₹1234.35 ; Low. ₹1199.55 ; 52 Week High. ₹1804.5 ; 52 Week Low: ₹1063.

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Bharat Forge Ltd is listed on NSE

Bharat Forge Ltd is listed on BSE

  • Today’s highest price of Bharat Forge Ltd is ₹1234.35.
  • Today’s lowest price of Bharat Forge Ltd is ₹1199.55.

PE Ratio of Bharat Forge Ltd is 59.84

PE ratio = Bharat Forge Ltd Market price per share / Bharat Forge Ltd Earnings per share

Today’s traded volume of Bharat Forge Ltd(BHARATFORG) is 9.86L.

Today’s market capitalisation of Bharat Forge Ltd(BHARATFORG) is ₹58192.95Cr.

Bharat Forge Ltd(BHARATFORGPrice
52 Week High
₹1804.5
52 Week Low
₹1063

Bharat Forge Ltd(BHARATFORG) share price is ₹1201.65. It is down -33.41% from its 52 Week High price of ₹1804.5

Bharat Forge Ltd(BHARATFORG) share price is ₹1201.65. It is up 13.04% from its 52 Week Low price of ₹1063

Bharat Forge Ltd(BHARATFORGReturns
1 Day Returns
-15.55%
1 Month Returns
-6.31%
3 Month Returns
-15.62%
1 Year Returns
1.99%