NSE: BHARATFORG | BSE: 500493

Expensive Performer

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1143.20 2.30 (0.20%)

36.65% Fall from 52W High

83,147 NSE+BSE Volume

NSE 08 May, 2025 9:18 AM (IST)

54,655.1

Market Cap

Market Leader

1.5

Beta 1Year

Very High Volatility

Board Meeting

The board meeting for Bharat Forge Ltd. is scheduled for today, for the purpose of Audited Results & Final Dividend See details

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.

Bharat Forge Ltd.

10 Nov 2018

1143.20

0.20%

Bharat Forge: Growth outlook remain intact Retain HOLD

Hold: Bharat Forge Ltd.

Recommendation Target

Karvy

Growth outlook remain intact Retain HOLD: BFL's Q2FY19 results were mixed bag. The Company is currently witnessing improved business outlook in India and in the international market.

Bharat Forge Ltd.'s price crossed above 30Day SMA today

Bharat Forge Ltd.

05 Nov 2018

1143.20

0.20%

Bharat Forge

Buy: Bharat Forge Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bharat Forge's Q2FY19 revenues came in at | 1,679 crore, up 33.5% YoY, 13.5% QoQ above our estimate of | 1,558 crore. Domestic revenues came in at | 695 crore (up 31.5% YoY, 15.8% QoQ) while export revenues increased 34% YoY, 11.7% QoQ to | 943 crore. Its other operating income grew 59% YoY to | 41 crore Reported EBITDA margins came in at 25.9%, down 350 YoY, 310 bps QoQ, against our estimate of 29.4%. Reported PAT was at | 227.5...

Bharat Forge Ltd. is trading below its 100 day SMA of 1160.2

Bharat Forge Ltd.

02 Nov 2018

1143.20

0.20%

Profitability hurt by higher RM, forex MTM; outlook remains strong

Economy Update: Bharat Forge Ltd.

Motilal Oswal

2 November 2018 Revenue grew 34% YoY to INR222.6k). Both Auto and Non-auto segment revenue increased ~30% YoY. at INR4.3b; growth was restricted by higher RM cost (+290bp QoQ due to RM inflation and mix) and forex revaluation (impact of 240bp). EBITDA margin of 25.9%, thus, was below our estimate of 28.8%. PAT of INR2.3b also came in lower than our estimate of INR2.4b due to higher depreciation and tax. 1HFY19 S/A revenue/PAT grew by 28%/22% YoY, implying second-half residual growth of ~28%/18%. (a) Management expects continued broad-based growth in 2HFY19. (b) Expect ~25%/5% growth in US Class 8 truck orders in CY18/19; billing growth expected to be much higher in CY19.

Bharat Forge Ltd. has gained 20.13% in the last 1 Month

Bharat Forge Ltd.

01 Sep 2018

1143.20

0.20%

Bharat Forge Ltd.

Buy: Bharat Forge Ltd.

Ashika Research

Bharat Forge Ltd.'s price crossed above 50Day SMA today

Bharat Forge Ltd.

31 Aug 2018

1143.20

0.20%

BHARAT FORGE & COMPANY LTD

Buy: Bharat Forge Ltd.

Target

Geojit BNP Paribas

Bharat Forge Ltd (BFL) is a leading player in the forgings industry. The company is serving several sectors including automobile, power, oil and gas, rail & marine, aerospace, construction, mining etc....

Bharat Forge Ltd.'s price crossed above 30Day SMA today

Bharat Forge Ltd.

24 Aug 2018

1143.20

0.20%

Buy Bharat Forge (@ CMP of 647)

Buy: Bharat Forge Ltd.

Edelweiss

BHFC is the flagship company of Kalyani Group, which has significant presence in the...

Bharat Forge Ltd. has gained 20.13% in the last 1 Month

Bharat Forge Ltd.

10 Aug 2018

1143.20

0.20%

Bharat Forge

Buy: Bharat Forge Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bharat Forge reported its Q1FY19 numbers that were above our estimates. Revenues came in at | 1480 crore, up 23.1% YoY, 0.9% QoQ against our estimate of | 1393 crore. Domestic revenues came in at | 600 crore (up 7.1% YoY, down 3% QoQ) vs. our estimate of | 588 crore. Export revenues increased 25.8% YoY, 3.6% QoQ to | 844 crore against our estimate of | 778 crore The domestic auto business grew ~42.5% YoY to | 359.5 crore but...

Bharat Forge Ltd. is trading below its 100 day SMA of 1160.2

Bharat Forge Ltd.

10 Aug 2018

1143.20

0.20%

BPCL, Bharat Forge

Buy: Bharat Forge Ltd.

BOB Capital Markets Ltd.

BPCL's Q1FY19 earnings at Rs 22.9bn (14.2% QoQ) beat estimates on inventory gains of Rs 26.8bn. Core earnings, however, disappointed due to: (a) weak GRMs (ex-inventory gains) at US$ 4.15/bbl (US$ 5.6/bbl QoQ), (b) market share loss in MS/HSD, and (c) lower marketing EBITDA of Rs 1,639/mt (ex-inventory; 26.9% QoQ). Our Mar'19 target price for BPCL reduces to Rs 435 (from Rs 545) as we cut earnings on high interest cost and...

Number of FII/FPI investors decreased from 604 to 538 in Mar 2025 qtr

Bharat Forge Ltd.

09 Aug 2018

1143.20

0.20%

Bharat Forge: Promising Growth outlook - Retain BUY

Buy: Bharat Forge Ltd.

Karvy

Promising Growth outlook - Retain BUY: During Q1FY19, BFL sales grew by 23.2% YoY to Rs14.7bn (ahead of our estimates of Rs14.1bn) driven by 19.9% volume growth and a 2.7% increase in average realizations.