Bharat Forge Ltd.

NSE: BHARATFORG | BSE: 500493 | ISIN: INE465A01025 | Industry: Castings & Forgings
| Expensive Performer
1104.2000 -29.80 (-2.63%)
NSE Apr 30, 2025 15:31 PM
Volume: 1.3M
 

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Bharat Forge Ltd.
13 Aug 2020
1104.20
-2.63%
ICICI Securities Limited
Sharp cost focus expected to pay dividends Despite soft revenue performance during the quarter (~20% capacity utilisation), BFL nearly managed EBITDA breakeven in standalone and consolidated operations. Its focus on reducing breakeven levels by downsizing costs, enhancing efficiencies while simultaneously controlling capex spends is seen leading to improvement in margin trajectory. BFL expects to continue to post sequential improvement in coming quarters and return to previous margin levels on these cost initiatives. We build 17.4%...
Bharat Forge Ltd. is trading above its 50 day SMA of 1086.6
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