NSE: BHARATFORG | BSE: 500493

Mid-range Performer

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1165.60 -0.30 (-0.03%)

29.27% Fall from 52W High

13,452 NSE+BSE Volume

NSE 12 Aug, 2025 9:21 AM (IST)

55,726

Market Cap

Market Leader

1.3

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.

Bharat Forge Ltd.

16 Aug 2017

1165.60

-0.03%

Result Update - Bharat Forge

Buy: Bharat Forge Ltd.

Axis Direct

Q1FY18 revenue growth at 33% YoY (7% QoQ) beat our estimate of 20% YoY growth. The beat was driven by exports (+65% YoY), as the low base kicks in and, oil & gas and US Class-8 trucks recover.

Bharat Forge Ltd. is trading below all available SMAs

Bharat Forge Ltd.

14 Aug 2017

1165.60

-0.03%

Bharat Forge

Buy: Bharat Forge Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bharat Forge (BFL) reported its Q1FY18 numbers, which were above our estimates on the topline & bottomline front but below estimates on the margin front. Revenues came in at | 1201 crore, up 32.8% YoY, 6.7% QoQ against our estimate of | 1081 crore. Domestic revenues came in at | 560.2 crore (up 5% YoY, flat QoQ), against our estimate of | 503 crore. Export revenues increased 64.6% YoY, 12.4% QoQ to | 671 crore against our estimate of | 567 crore...

Bharat Forge Ltd. has lost -28.78% in the last 1 Year

Bharat Forge Ltd.

11 Aug 2017, 12:34PM

1165.60

-0.03%

Bharat Forge Ltd Q1FY18 results comment

Results Update: Bharat Forge Ltd.

HDFC Securities

Bharat Forge Ltd Q1FY18 results comment Revenue grew by 6.67% to Rs. 1200.79 Cr in Q1FY18 when compared to the previous quarter

Number of FII/FPI investors decreased from 538 to 530 in Jun 2025 qtr

Bharat Forge Ltd.

11 Aug 2017, 10:14AM

1165.60

-0.03%

Bharat Forge (1QFY18): Valuations overshadow strong outlook. Maintain NEUTRAL

Neutral: Bharat Forge Ltd.

HDFC Securities

Maintain NEUTRAL with a TP of Rs 1,088, based on 25x Jun-19E EPS. Bharat Forges (BHFC) 1QFY18 performance was in-line with expectations of APAT, while strong exports aided revenue beat. With a revival in the overseas industrial segment, the outlook for BHFC remains healthy. Its strategies for Aerospace, Defense and Auto transmission parts provide reason for optimism. However, all these segments contributions would be visible only from FY20E. North American truck demand has also recovered from the bottom, and production volumes are expected to accelerate in CY18.

Bharat Forge Ltd. is trading below all available SMAs

Bharat Forge Ltd.

01 Jun 2017

1165.60

-0.03%

Result Update:Bharat Forge

Buy: Bharat Forge Ltd.

Axis Direct

Q4FY17 results beat estimates with its 11% YoY revenue growth. ASP (+6% YoY) was strong and exports (+12% YoY) recovered after 6 quarters of de-growth. EBITDA margin at 28.4% was in line.

Number of FII/FPI investors decreased from 538 to 530 in Jun 2025 qtr

Bharat Forge Ltd.

29 May 2017

1165.60

-0.03%

Bharat Forge Ltd Q4FY17 results comment

Results Update: Bharat Forge Ltd.

HDFC Securities

Revenue rose by 19.28% to Rs. 1125.66 Cr in Q4FY17 when compared to the previous quarter

Number of FII/FPI investors decreased from 538 to 530 in Jun 2025 qtr

Bharat Forge Ltd.

26 May 2017

1165.60

-0.03%

Bharat Forge

Buy: Bharat Forge Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bharat Forge reported its Q4FY17 numbers, which were above our estimates. Net revenues came in at | 1126 crore, up 11.3% YoY/19.3% QoQ against our estimate of | 1081 crore Domestic revenues came in at | 504 crore (up 9.4% YoY/16.1% QoQ), against our estimate of | 543 crore. Export revenues increased 13.5% YoY, 23.1% QoQ to | 597 crore vs. our estimate of | 514 crore The shipment tonnage is up 5.3% YoY, 17.3% QoQ to 55189 MT. The...

Bharat Forge Ltd. has lost -28.78% in the last 1 Year

Bharat Forge Ltd.

25 May 2017

1165.60

-0.03%

Bharat Forge (4QFY17): Priced in. Maintain NEUTRAL

Neutral: Bharat Forge Ltd.

Target

HDFC Securities

Bharat Forges (BHFC)s standalone exports witnessed 12% YoY growth (after 5 successive quarters of YoY decline), while domestic revenue was up 17% YoY. EBITDA margins improved by 80bps QoQ, driven by lower other expenses.

Bharat Forge Ltd. has an average target of 1147.33 from 3 brokers.

Is Bharat Forge Ltd. worth buying?

369 Votes:

Buy 77.51%

Sell 13.55%

Hold 8.94%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Hold SEE REPORTS >

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