Bharat Forge (which is in 15 stock screeners) is rising in share price today after its Q4 results showed net profit jumping 198%, while revenues rose nearly 14% YoY. Operating profit margins have been rising since a dip in the September quarter. Management noted that the company has locked down business wins of US$ 50 million across sectors and geographies during the year. 

The company's stock is currently trading at its lowest PE in three years. Bharat Forge's M&HCV segment saw strong growth earlier in FY19, but witnessed some challenges in the last two quarters due to revised axle load norms that resulted in unused inventory and surplus capacity, as well as rising fuel costs. The M&HCV segment for the company grew 15% YoY despite the constraints towards the end of the financial year, the company noted.