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Bharat Gears Ltd.

BSE: 505688 Sector: Auto
NSE: BHARATGEAR ISIN Code: INE561C01019
BSE 15:00 | 23 May 165.00 0.60
(0.36%)
OPEN

163.60

HIGH

168.00

LOW

163.60

NSE 14:53 | 23 May 165.65 1.40
(0.85%)
OPEN

169.00

HIGH

169.00

LOW

165.25

OPEN 163.60
PREVIOUS CLOSE 164.40
VOLUME 992
52-Week high 231.90
52-Week low 113.15
P/E 24.77
Mkt Cap.(Rs cr) 134
Buy Price 164.00
Buy Qty 21.00
Sell Price 165.95
Sell Qty 30.00
OPEN 163.60
CLOSE 164.40
VOLUME 992
52-Week high 231.90
52-Week low 113.15
P/E 24.77
Mkt Cap.(Rs cr) 134
Buy Price 164.00
Buy Qty 21.00
Sell Price 165.95
Sell Qty 30.00

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.