Page 2 - Bharat Forge Results

Bharat Forge's March results hit as key segments face multiple headwinds

Analysts expect the M&HCV segment to fall by another 13-15% in FY21

Downgrades due to Covid-19 to keep Bharat Forge stock under pressure

Stock down 5% on weak truck and oil and gas outlook

Bharat Forge stock down 9% on muted Q2, poor commercial vehicle sales

Investors should avoid exposure with growth unlikely before FY21

Bharat Forge dips 8% on 27% YoY decline in PBT, weaker H2FY20 expectation

Calling the quarter gone by as "the toughest in this decade", the management said weak end-demand across sectors due to the sluggish macroeconomic environment led to the continuous decline in demand

Bharat Forge Q1 net up 43% at Rs 175 cr; announces bonus issue of 1:1

Total income during the quarter under review rose 30.63% stood at Rs 1,283.70 cr