NSE: BHARATFORG | BSE: 500493

Expensive Star

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1987.00 -2.70 (-0.14%)

New 52W High in past week

1.3M NSE+BSE Volume

NSE 11 May, 2026 3:31 PM (IST)

94,996.2

Market Cap

Market Leader

Beta 1Year

Very High Volatility

Bharat Forge Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BHARATFORG, BSE:500493 Bharat Forge Ltd.

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Bharat Forge Ltd.

08 May 2026

1987.00

-0.14%

Strong outlook ahead; largely priced in

Hold: Bharat Forge Ltd.

Recommendation Target

ICICI Securities Limited

Bharat Forge’s (BHFC) consolidated revenue and EBITDA missed our estimate. Nevertheless, management commentary on the outlook remained strong.

Bharat Forge has gained 49.58% in the last 6 Months

Bharat Forge Ltd.

07 May 2026

1987.00

-0.14%

Strong guidance in a weak macro is encouraging

Neutral: Bharat Forge Ltd.

Target

Motilal Oswal

Bharat Forge’s (BHFC) 4QFY26 standalone adjusted earnings at INR3.7b came in slightly below our estimate of INR3.9b due to lower-thanexpected revenue and an adverse mix.

Bharat Forge Ltd. is trading above all available SMAs

Bharat Forge Ltd.

23 Apr 2026

1987.00

-0.14%

Axis Punch:Bharat Forge

Buy: Bharat Forge Ltd.

Target

Axis Direct

We recommend a BUY with a target price of Rs 2,095/share, implying ~10% upside.

Bharat Forge Ltd. is trading above all available SMAs

Bharat Forge Ltd.

17 Feb 2026

1987.00

-0.14%

Bharat Forge

Buy: Bharat Forge Ltd.

Recommendation Target

ICICI Direct

FY25 standalone export mix - ~70% America, ~24% Europe, ~6% other Q3FY26 Result: Standalone revenues for the quarter came in at 2,084 crore flat YoY, amidst an 6% de-growth in tonnage at 57,859 tonnes. Standalone EBITDA in Q3FY26 stood at 566 crore, with consequent margins placed at 27.2%, down 112...

Bharat Forge has gained 23.11% in the last 3 Months

Bharat Forge Ltd.

17 Feb 2026

1987.00

-0.14%

BHARAT FORGE & COMPANY LTD

Accumulate: Bharat Forge Ltd.

Target

Geojit BNP Paribas

*over or under performance to benchmark index Following a positive geopolitical shift and ongoing capacity expansion, coupled with inorganic opportunities in India, the company is well placed to deliver stronger profitability in H2. Margin resilience, driven by defence, aerospace, and overseas subsidiaries, provides a solid foundation, while any favourable tariff developments could further accelerate growth. We therefore value the stock at 42x FY28E EPS and...

Bharat Forge has gained 23.11% in the last 3 Months

Bharat Forge Ltd.

12 Feb 2026, 12:00AM

1987.00

-0.14%

US Class8 appears to have bottomed out

neutral: Bharat Forge Ltd.

Target

Motilal Oswal

Bharat Forge’s (BHFC) standalone adjusted earnings at INR3.2b came 14.7% below our estimate due to lower-than-expected margins. Margins were impacted by weak exports, adverse mix and increase in tariff costs in Q3.

Bharat Forge has gained 70.47% in the last 1 Year

Bharat Forge Ltd.

26 Nov 2025

1987.00

-0.14%

BHARAT FORGE & COMPANY LTD

Hold: Bharat Forge Ltd.

Target

Geojit BNP Paribas

Consolidated revenue increased 9% YoY to Rs.4032 cr on strong PV, industrial and defence performance with stable overseas operations, whereas standalone revenue fell 12% YoY in Q2FY26 due to weak CV exports amid a North American...

Bharat Forge Ltd. has an average target of 1965.20 from 5 brokers.

Bharat Forge Ltd.

25 Nov 2025

1987.00

-0.14%

Bharat Forge

Hold: Bharat Forge Ltd.

Recommendation Target

ICICI Direct

Q2FY26 Result: Standalone revenues for the quarter came in at 1,947 crore down 13% YoY, amidst an 12% de-growth in tonnage at 56,457 tonnes. Standalone EBITDA in Q2FY26 stood at 551 crore, with consequent margins placed at 28.3%,...

Bharat Forge Ltd. is trading above all available SMAs

Bharat Forge Ltd.

11 Nov 2025, 12:00AM

1987.00

-0.14%

Margin resilience visible

Neutral: Bharat Forge Ltd.

Target

Motilal Oswal

BHFC’s standalone earnings at INR3.15b came in line with our estimate. Revenue came in below our estimate, whereas margins surprised positively.

Bharat Forge has gained 70.47% in the last 1 Year

Bharat Forge Ltd.

13 Aug 2025

1987.00

-0.14%

BHARAT FORGE & COMPANY LTD

Accumulate: Bharat Forge Ltd.

Target

Geojit BNP Paribas

Despite a weak quarter primarily due to global uncertainties, BFL's diversified streams of revenue across geographies and new businesses & verticals have led to a resilient performance. Standalone revenue for Q1FY26, de-grew by 10% YoY due to weak export revenue....

Bharat Forge has gained 23.11% in the last 3 Months

Is Bharat Forge Ltd. worth buying?

378 Votes:

Buy 77.78%

Sell 13.49%

Hold 8.73%

RESEARCH REPORTS

Hold SEE REPORTS >

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Neutral SEE REPORTS >

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