|
29 Nov 2025 |
Bharat Forge
|
Consensus Share Price Target
|
1433.80 |
1310.72 |
- |
-8.58 |
hold
|
|
|
|
|
11 Aug 2022
|
Bharat Forge
|
Prabhudas Lilladhar
|
1433.80
|
900.00
|
790.20
(81.45%)
|
Target met |
Buy
|
|
|
|
|
09 Jun 2022
|
Bharat Forge
|
Emkay
|
1433.80
|
775.00
|
653.55
(119.39%)
|
Target met |
Buy
|
|
|
|
|
31 May 2022
|
Bharat Forge
|
Geojit BNP Paribas
|
1433.80
|
785.00
|
659.00
(117.57%)
|
Target met |
Buy
|
|
|
|
|
17 May 2022
|
Bharat Forge
|
ICICI Direct
|
1433.80
|
840.00
|
678.15
(111.43%)
|
Target met |
Buy
|
|
|
|
|
17 May 2022
|
Bharat Forge
|
Emkay
|
1433.80
|
810.00
|
690.60
(107.62%)
|
Target met |
Buy
|
|
|
|
|
16 May 2022
|
Bharat Forge
|
Motilal Oswal
|
1433.80
|
865.00
|
678.15
(111.43%)
|
Target met |
Buy
|
|
|
|
|
16 May 2022
|
Bharat Forge
|
Prabhudas Lilladhar
|
1433.80
|
900.00
|
674.20
(112.67%)
|
Target met |
Buy
|
|
|
|
|
11 Feb 2022
|
Bharat Forge
|
Motilal Oswal
|
1433.80
|
729.00
|
732.35
(95.78%)
|
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
|
1433.80
|
910.00
|
732.35
(95.78%)
|
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,...
|
|
11 Feb 2022
|
Bharat Forge
|
Prabhudas Lilladhar
|
1433.80
|
980.00
|
700.10
(104.80%)
|
|
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...
|