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Bharat Gears Ltd.

BSE: 505688 Sector: Auto
NSE: BHARATGEAR ISIN Code: INE561C01019
BSE LIVE 15:40 | 23 May 123.10 1.10
(0.90%)
OPEN

118.05

HIGH

131.70

LOW

118.05

NSE 15:50 | 23 May 122.85 -0.10
(-0.08%)
OPEN

120.00

HIGH

129.20

LOW

118.25

OPEN 118.05
PREVIOUS CLOSE 122.00
VOLUME 22271
52-Week high 170.75
52-Week low 72.20
P/E
Mkt Cap.(Rs cr) 96
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 118.05
CLOSE 122.00
VOLUME 22271
52-Week high 170.75
52-Week low 72.20
P/E
Mkt Cap.(Rs cr) 96
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.