NSE: BHARATFORG | BSE: 500493

Expensive Performer

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1203.90 4.70 (0.39%)

33.28% Fall from 52W High

3.3M NSE+BSE Volume

NSE 13 May, 2025 3:31 PM (IST)

57,557.1

Market Cap

Market Leader

1.4

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.

25 May 2017

1203.90

0.39%

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 gained 20.13% in the last 1 Month

Bharat Forge Ltd.

03 May 2017

1203.90

0.39%

Company Update:Bharat Forge

Buy: Bharat Forge Ltd.

Axis Direct

Medium term revenue outlook is strong in US Class-8 trucks, PV exports and non-auto. Further, upcoming BS6 emission norms can aid a sharp increase in content.

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

Bharat Forge Ltd.

13 Feb 2017, 11:35AM

1203.90

0.39%

Bharat Forge Ltd Q3FY17 results comment

Results Update: Bharat Forge Ltd.

HDFC Securities

Revenue grew by 5.4% to Rs. 919.4 Cr in Q3FY17 when compared to the previous quarter. On the other hand, it decreased by 11.35% when compared with Q3FY16.

Bharat Forge Ltd. is trading below its 150 day SMA of 1234.9

Bharat Forge Ltd.

09 Feb 2017

1203.90

0.39%

Bharat Forge (3QFY17): Transitory pain. Maintain NEUTRAL

Neutral: Bharat Forge Ltd.

HDFC Securities

Bharat Forges (BHFC) 3QFY17 APAT at Rs 1.4bn (-17% YoY, 10% QoQ) was above expectations. Net revenue at Rs 9.4bn (-11% YoY) was in line with estimates owing to a decline in exports (-26% YoY). EBITDA margins improved by 100bps QoQ, driven by lower employee costs and expansion of gross margins ( 180bps QoQ).

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

Bharat Forge Ltd.

09 Feb 2017

1203.90

0.39%

Bharat Forge

Buy: Bharat Forge Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bharat Forge reported its Q3FY17 numbers, which were below our estimates. Net revenues came in at | 944 crore, down 11% YoY, up 5.9% QoQ against our estimate of | 954 crore Domestic revenues came in at | 434 crore (up 8.4% YoY, 3.2% QoQ), against our estimate of | 450 crore. Domestic revenue growth was driven by industrial sector, which grew 35% YoY to | 175 crore Export revenues declined 22.9% YoY, up 7.5% YoY to | 485 crore...

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

Bharat Forge Ltd.

20 Jan 2017

1203.90

0.39%

Coverage Stock: Bharat Forge - Truly forging ahead

Bharat Forge Ltd.

Edelweiss

We anticipate exponential growth in key business areas of Bharat Forge in the coming quarters.

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

Bharat Forge Ltd.

30 Dec 2016

1203.90

0.39%

Bharat Forge (Company Update): Near-term challenges persist

Neutral: Bharat Forge Ltd.

Recommendation Target

HDFC Securities

We have cut our FY17-19E estimates by 4-9% to factor in weak auto/industrial exports. We revise our recommendation to NEUTRAL with a revised TP of Rs 943 (25x Dec-18E).

Motilal Oswal decreased Neutral price target of Bharat Forge Ltd. to 1090.0 on 08 May, 2025.

Bharat Forge Ltd.

28 Dec 2016

1203.90

0.39%

Bharat Forge Ltd. - Truly Forging Ahead

Buy: Bharat Forge Ltd.

Edelweiss

Bharat Forge (BFL) is the world largest forging companies with presence across automotive, power, oil & gas (O&G), construction & mining, rail, marine and aerospace industries.

Motilal Oswal decreased Neutral price target of Bharat Forge Ltd. to 1090.0 on 08 May, 2025.

Is Bharat Forge Ltd. worth buying?

357 Votes:

Buy 77.31%

Sell 13.45%

Hold 9.24%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Hold SEE REPORTS >

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