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Bharat Gears Ltd.

BSE: 505688 Sector: Auto
NSE: BHARATGEAR ISIN Code: INE561C01019
BSE 09:47 | 24 Jun 104.00 1.20
(1.17%)
OPEN

103.10

HIGH

104.00

LOW

102.85

NSE 09:39 | 24 Jun 103.40 -1.45
(-1.38%)
OPEN

104.85

HIGH

104.85

LOW

103.00

OPEN 103.10
PREVIOUS CLOSE 102.80
VOLUME 110
52-Week high 118.45
52-Week low 38.25
P/E
Mkt Cap.(Rs cr) 97
Buy Price 103.05
Buy Qty 50.00
Sell Price 103.40
Sell Qty 54.00
OPEN 103.10
CLOSE 102.80
VOLUME 110
52-Week high 118.45
52-Week low 38.25
P/E
Mkt Cap.(Rs cr) 97
Buy Price 103.05
Buy Qty 50.00
Sell Price 103.40
Sell Qty 54.00

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.