Bharat Forge Ltd.

NSE: BHARATFORG | BSE: 500493 | ISIN: INE465A01025 | Industry: Castings & Forgings
| Mid-range Performer
1314.5000 15.80 (1.22%)
NSE Jul 04, 2025 15:31 PM
Volume: 1.0M
 

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Bharat Forge Ltd.
10 Aug 2023
1314.50
1.22%
ICICI Securities Limited
Bharat Forge’s (BHFC) Q1FY24 standalone EBITDA margin was resilient at 26%, though EU operations turned EBITDA positive to 4.4% as against being in loss last quarter. Standalone revenue beat expectations despite this being a weak quarter for domestic CVs, with industrial exports driven by defence business execution driving revenue up QoQ as against CV segment exports remaining flattish QoQ.
Bharat Forge Ltd. has gained 28.11% in the last 3 Months
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