1103.6000 -37.30 (-3.27%)
NSE May 08, 2025 14:52 PM
Volume: 1.9M
 

1103.60
-3.27%
ICICI Securities Limited
Increasing kit value, newer products & verticals to support! BFL is an important player in the CV ancillary space, providing forging components to both domestic and global OEMs. The CV segment accounted for ~41% of BFL's total FY19 revenues. Acknowledging its reliance on the CV space, BFL has consciously attempted to (i) infuse a greater degree of diversification in its offerings and (ii) to augment kit value i.e. content per vehicle. The industrial segment (defence & aerospace, agri, infra, railway and oil & gas) constituted ~40% of FY19 revenues. It continues to perform well...
Bharat Forge Ltd. is trading below its 30 day SMA of 1104.9
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