|
22 May 2025 |
Bharat Forge
|
Consensus Share Price Target
|
1239.60 |
1179.81 |
- |
-4.82 |
hold
|
|
|
|
|
17 May 2022
|
Bharat Forge
|
ICICI Direct
|
1239.60
|
840.00
|
678.15
(82.79%)
|
Target met |
Buy
|
|
|
|
|
17 May 2022
|
Bharat Forge
|
Emkay
|
1239.60
|
810.00
|
690.60
(79.50%)
|
Target met |
Buy
|
|
|
|
|
16 May 2022
|
Bharat Forge
|
Prabhudas Lilladhar
|
1239.60
|
900.00
|
674.20
(83.86%)
|
Target met |
Buy
|
|
|
|
|
16 May 2022
|
Bharat Forge
|
Motilal Oswal
|
1239.60
|
865.00
|
678.15
(82.79%)
|
Target met |
Buy
|
|
|
|
|
11 Feb 2022
|
Bharat Forge
|
Prabhudas Lilladhar
|
1239.60
|
980.00
|
700.10
(77.06%)
|
|
Buy
|
|
|
Order wins in 9MFY22 at ~$100mn of which $50mn are for EV components. 7% QoQ to 53k, impacted by weak CV export revenue due to semiconductor due to higher commodity cost (42% of sales vs 37/40% YoY/QoQ). However, industrial segment continues to perform with revenue of Rs 7.3bn (Rs 3.1/6.6...
|
|
11 Feb 2022
|
Bharat Forge
|
Motilal Oswal
|
1239.60
|
729.00
|
732.35
(69.26%)
|
Target met |
Buy
|
|
|
Bags USD50m in EV platform orders in 9MFY22 in its India operations BHFC's had a decent performance in a tough quarter, despite an impact from semiconductor shortages and steep RM cost inflation. While all core businesses are seeing a sharp cyclical recovery (except India Tractors), BHFC's initiatives to diversify into aluminum/light-weighting and EV components have started to fructify. We lower our FY23E consolidated EPS estimate by ~5% to factor in a weak India Agri outlook and continued impact of semiconductor...
|
|
11 Feb 2022
|
Bharat Forge
|
ICICI Securities Limited
|
1239.60
|
910.00
|
732.35
(69.26%)
|
Target met |
Buy
|
|
|
About the stock: Bharat Forge (BFL) is India's leading auto component exporter with strong engineering, technological competencies in forging and metallurgy. With total capacity of 6.83 lakh MT per annum, its products find application in domestic,...
|
|
23 Nov 2021
|
Bharat Forge
|
Geojit BNP Paribas
|
1239.60
|
861.00
|
698.15
(77.55%)
|
Target met |
Buy
|
|
|
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 & defence, construction, mining, etc. Q2FY22 revenue came at Rs.2,386cr.(+13.2% QoQ). This was largely on account of strong domestic growth of 40% QoQ. Export growth came lower at 4.9% due to chip shortage. Despite the input and logistics cost pressure, EBITDA margin came at healthy 21.4% similar to previous quarter....
|
|
15 Nov 2021
|
Bharat Forge
|
Prabhudas Lilladhar
|
1239.60
|
997.00
|
800.65
(54.82%)
|
|
Buy
|
|
|
Expect domestic industrial revenue to double over next 3 years. and increase our FY23/24 estimates by ~5/6% to factor in strong revenue estimates with PAT growth of 37% QoQ. This was led by improved...
|
|
14 Nov 2021
|
Bharat Forge
|
ICICI Securities Limited
|
1239.60
|
950.00
|
777.35
(59.46%)
|
|
Buy
|
|
|
About the stock: Bharat Forge (BFL) is India's leading auto component exporter with strong engineering, technological competencies in forging and metallurgy. With total capacity of 6.83 lakh MT per annum, its products find application in domestic,...
|