ICICI Securities Ltd | Retail Equity Research Bharat Forge reported its Q2FY17 numbers, which were above our estimates. Net revenues came in at | 891 crore, down 21% YoY, 1.5% QoQ vs. our estimate of | 863 crore. Domestic revenues declined 12.5% QoQ to | 421 crore as it was impacted by the sequential decline in M&HCV; demand. Export revenues grew 10.7% YoY to | 452 crore, driven by continued ramp up in PV business & initial signs of recovery in industry segment. The beat on the revenue...