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Bharat Gears Ltd.

BSE: 505688 Sector: Auto
NSE: BHARATGEAR ISIN Code: INE561C01019
BSE 13:43 | 23 Jan 198.45 -2.05
(-1.02%)
OPEN

201.50

HIGH

204.35

LOW

198.45

NSE 13:27 | 23 Jan 200.95 0.20
(0.10%)
OPEN

201.10

HIGH

205.00

LOW

200.15

OPEN 201.50
PREVIOUS CLOSE 200.50
VOLUME 3301
52-Week high 231.90
52-Week low 101.10
P/E 51.95
Mkt Cap.(Rs cr) 162
Buy Price 197.15
Buy Qty 67.00
Sell Price 199.00
Sell Qty 80.00
OPEN 201.50
CLOSE 200.50
VOLUME 3301
52-Week high 231.90
52-Week low 101.10
P/E 51.95
Mkt Cap.(Rs cr) 162
Buy Price 197.15
Buy Qty 67.00
Sell Price 199.00
Sell Qty 80.00

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.