Bharat Forge Ltd News

Defence a key growth driver for auto component major Bharat Forge stock

Domestic revenue grew 12 per cent Y-o-Y. CVs declined 15.5 per cent Y-o-Y while non-autos grew 26 per cent Y-o-Y, primarily led by 67 per cent Y-o-Y growth in defence

Bharat Forge Q2FY25 results: Net profit rises 13% to Rs 243 crore

Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year-on-year to Rs 243 crore for the second quarter ended September 30, 2024. The company had reported a net profit of Rs 215 crore in the July-September quarter of last fiscal. Revenue from operations rose to Rs 3,688 crore as against Rs 3,774 crore in the year-ago period, Bharat Forge said in a regulatory filing. Shares of the company were trading 1.03 per cent up at Rs 1,335.10 apiece on BSE.

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday

Market crash? Nifty can fall another 1,000 points from here, charts suggest

If the Nifty is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels, charts suggest.

Innovation key to exponential growth of manufacturing sector: Bharat Forge

Innovation in the manufacturing sector is critical to achieve exponential growth as India moves towards the goal of becoming a developed nation by 2047, Bharat Forge Chairman and MD Baba Kalyani said on Monday. Speaking at the NDTV World Summit, he also stressed on the need to develop technologies locally to give fillip to the manufacturing sector. "I think India has to also create innovation in technology, we can't just copy what we get from outside. We now need to make our products which the western world will copy from us," Kalyani said. He noted that for bringing new products focus on innovation is extremely important. "There are many areas where we don't make anything right...So I think we better learn to create technology on our own power, and that should be the dream of every Indian. Do it yourself. Do it for the country. Think of the country as a whole. That's the name of the game," Kalyani stated. He stressed on the need to enhance the scale of manufacturing in the ...

Bharat Forge to acquire axle maker AAM India for Rs 544.5 crore

Kalyani emphasised that this move aligns with Bharat Forge's broader strategy to diversify its offerings in vehicle components and enter a new product segment

Baba Kalyani vs Gaurishankar: Kalyani siblings wage a battle of wills

Gaurishankar Kalyani, the low-profile contender, clashes with elder brother Baba Kalyani over family assets

F&O Insights: FIIs up long bets in Nifty; 7 stocks in F&O ban today

Derivatives market update for Sept 16: Bank Nifty Sept futures traded at a discount to spot for the 2nd straight day on Friday. Among stocks, Muthoot Fin, Can Fin Homes, Bharat Forge saw long buildup.

Prospects healthy for Bharat Forge, but stock fully valued too

Bharat Forge's Q1FY25 revenue growth was driven by defence as other segments saw weak demand. Overseas subsidiaries are showing gradual improvement

Bharat Forge gains 5% on healthy Q1 operational performance, growth outlook

Shares of Bharat Forge have multiplied investors' wealth over the last two years with a rally of 122.01 per cent, as per BSE analytics

Mid, SmallCap indices dip 4% each; LIC Housing, IRFC, CG Power tank over 5%

Tata Tech from the midcap index and Equitas SFB, Kolte Patil Developers, Landmark Cars, Nilkmal, Spandana Sphoorty and Tasty Bite from the smallcap index hit their respective 52-week lows