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Bharat Forge surges 8% on reports of strong US Class 8 truck orders

According to media reports, preliminary North American Class 8 net orders for September soared to 56,500 units, the most-ever for a single month

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Class 8 truck orders for September were up 65 per cent over August and 160 per cent compared to the year ago period

SI Reporter Mumbai
Shares of Bharat Forge (BFL) surged 8 per cent to Rs 768 on the BSE in Thursday's intra-day trade, lifted by heavy volumes, as media reports suggested that US Class 8 truck clocked strong orders in September.

At 09:41 AM, the stock of the auto ancillary company was trading at Rs 765, as compared to 0.61 per cent rise in the S&P BSE Sensex. Trading volumes on the counter more-than-doubled with a combined 2.8 million equity shares having changed hands on the NSE and BSE till the time of writing of this report.

According to reports, preliminary North