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Bharat Gears Ltd.

BSE: 505688 Sector: Auto
NSE: BHARATGEAR ISIN Code: INE561C01019
BSE LIVE 15:40 | 24 Mar 115.15 7.25
(6.72%)
OPEN

107.00

HIGH

118.65

LOW

107.00

NSE LIVE 15:41 | 24 Mar 114.90 6.75
(6.24%)
OPEN

108.15

HIGH

118.95

LOW

108.15

OPEN 107.00
PREVIOUS CLOSE 107.90
VOLUME 47466
52-Week high 170.75
52-Week low 57.50
P/E
Mkt Cap.(Rs cr) 90.05
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 107.00
CLOSE 107.90
VOLUME 47466
52-Week high 170.75
52-Week low 57.50
P/E
Mkt Cap.(Rs cr) 90.05
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Bharat Gears Ltd. (BHARATGEAR) - Company History

Bharat Gears Ltd(BGL), promoted by Bharat Steel Tubes and Raunaq & Company in collaboration with ZF Friedrichshafen, Germany, was incorporated in 1971 to manufacture automotive gears. The foreign collaborator holds 25.99 % stake in the company. BGL has two division i.e Automotive gears division and Industrial Furnaces division with the former contributing around 92% of the turnover and the later the balance. The automotive gears division manufactures a wide range of gears - hypoid, spiral gears and differential gears, which go into axle assemblies and parallel axes gears and shafts, which make up the gear box assemblies. This division supplies to OEMS in tractors, trucks & Bus and Utility vehicle industries. The company also serves the replacement market and exports to overseas market. BGL's two gear manufacturing units were located at Mumbra(Thane Dt), Maharashtra and Faridabad, Haryana. The Faridabad unite which has commenced commercial operation on May 1, 2000 will initially cater to the northern markets. BGL has entered into an collaboration with Holcroft, US, for specialised heat-treatment furnaces. BGL was awarded the ISO 9002 certification in Oct.'94. Subsequently the certification was updated in Jan 95 by BVQI, The company has achieved QS 9000 accreditation for its Mumbra Plant for implementing continuous improvement, during 1999-2000.