Page 11 - Bharat Forge

Bharat Forge Q2 profit jumps 11.6% to Rs 2.28 bn; total income up 32%

Revenue growth was driven by doubling of passenger vehicle (PV) export revenues, accompanied with healthy double-digit growth in other key verticals

Exports power Bharat Forge's Q1 show; defence segment may scale up

On the international front, the company is targeting growth both in the auto and non-auto space

Bharat Forge: Triggers in place as commercial vehicles see uptrend

Market share gains in passenger vehicles should aid incremental revenue gains

Bharat Forge to invest Rs 300 mn for 45% stake in EV startup TORK Motors

TORK is an electric drivetrain company focused on electric two-wheelers and premium electric motorcycles

Bharat Forge: Market share gains, new products helped to outperform in Q3

Market share gains, new products helped to outperform in Q3

Bharat Forge hits record high on strong Q3 results

The stock hit an all-time high of Rs 764, up 8% on BSE after the company reported a strong 77% growth in its standalone net profit at Rs 2.3 billion for the quarter ended December 2017

Higher revenue visibility to drive Bharat Forge's prospects

Growth recovery in key businesses will boost revenues and margins

Bharat Forge in acceleration mode

Among the key triggers are strong sales in the US commercial vehicles market and rebound in oil and gas orders

Higher exports to drive revenue for Bharat Forge

Rebound in non-automobile segments holds key

Industrial segment boost for Bharat Forge

Domestic commercial vehicles segment remains key area of concern

BHEL, Bharat Forge and two others announce bonus shares today

Bharat Forge, BHEL, Bharat Electronics and Manpasand Beverages have announces bonus shares today.

Bharat Forge: Headwinds in domestic CV segment offset positive US growth

Given the market share gains, any correction in the stock price would be a good opportunity to buy

Exports, non-auto add muscle to Bharat Forge Q4

The Bharat Forge stock was up 4 per cent on strong March quarter results which beat expectations on all fronts. After falling year on year for the last five quarters, revenues led by higher volumes and realisations grew 11.6 per cent year on year in the March quarter to Rs 1,183 crore compared to consensus estimates which pegged it at Rs 1,067 crore. Growth was led by exports (half its overall revenues) which grew 12 per cent over the year ago quarter. In addition to auto, one of the key sectors that has seen a bit of a rebound is oil and gas space. The company recorded revenues of Rs 300 crore in FY17 for this segment, half of which came in the March quarter. This was due to strong growth in US rig count and an accelerated deployment of idle capacity in the March quarter. The company indicated that demand in the non-auto exports space is also coming back as companies have started restocking and there will be a gradual improvement in the base business in mining and construction. ...

Bharat Forge Q4 net profit up 25% at Rs 207 crore

Company had posted a net profit of Rs 165.57 crore during the same period of previous financial year

Bharat Forge: Some US sales' respite amid headwinds

Higher demand momentum in auto, industrial segments crucial both in US, India for growth trajectory

Hybrid, connected vehicles to drive Bharat Forge growth

It gets half of its revenue from commercial vehicles and another 40% from industrial buyers

Bharat Forge eyes hybrid, connected vehicles

A foot into these new areas will help the company go beyond its traditional products

Key verticals to shine for Bharat Forge in 2017

The bottoming out of the US heavy truck segment and rising crude oil prices should boost export revenues

Bharat Forge nears 52-week high; stock up 5%

In past one-month, post Q2 results, the stock outperformed the market by gaining 13% against 3.5% decline in Sensex.

Bharat Forge acquires US-based WFT and PMT Holding for Rs 95 crore

With the completion of this transaction Walker Forge Tennessee and PMT Holdings, USA have become indirect subsidiaries of the company