According to analysts at Emkay Global, commercial vehicles (CVs) should maintain positive momentum in September while passenger vehicles (PVs) volumes are likely to be hit by the chip shortages
Company's outperformance in Q1 was due to strong exports, margin gains
Shares of auto components major Bharat Forge on Thursday jumped nearly 6 per cent after the company posted a consolidated net profit of Rs 153 crore for the first quarter ended June 30
Margins and cash flows to remain at elevated levels on operating leverage, minimal capex
The company had posted a consolidated net loss of Rs 68.59 crore in the same quarter previous fiscal, Bharat Forge Ltd (BFL) said in a regulatory filing
The company's management said it expects robust demand to continue in major segment in the export business
ABB Power Products on Thursday said it has resumed operations at its manufacturing facility in Bengaluru from May 28
The stock's primary trend is positive where it is trading above all important moving averages
The government is using "linear programming", an operation research tool, to get oxygen to cities from their nearest sources
Tata Sons chairman N Chandrasekaran, Bharat Forge Chairman Baba Kalyani, Mahindra Group managing director and CEO Pawan Goenka, among others, will be part of the committee
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As an initial step, the company has decided to acquire newly formed group firm Kalyani Powertrain Pvt Ltd (KPPL), Bharat Forge said in a regulatory filing
Most of its segments are expected to be in positive territory for the first time in several year
The stock gained 4.05 per cent to Rs 612 apiece on the BSE. On the NSE, it rose by 4.12 per cent to Rs 612.85
RIL, in a late night filing, said that it has begun the process of carving out the O2C business into an independent subsidiary
Bharat Forge on Monday said it has inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. An agreement to this effect was signed by both companies during the International Defence Expo (IDEX 2021) in Abu Dhabi, Bharat Forge said in a statement. "This collaboration brings together the manufacturing and technology excellence of two leading companies, which have matching synergies and complementary capabilities. The Kalyani M4 is a fantastic new generation vehicle, and we want to position it as the future of protection in all markets world-wide," Bharat Forge Deputy Managing Director Amit Kalyani said. The Kalyani M4 is a multi-role platform, designed to meet the specific requirements of armed forces for quick mobility in rough terrain and in areas affected by mine and IED threats. It offers best in-class levels of ballistic and blast protection - up to 50kg TNT side blast or IED/roadside bombs due to its design, built o
Company's new initiatives and plans to offset weak oil and gas revenues may take time to play out
On the sectoral front, the Nifty Metal index skid 1.7 per cent, followed by the Nifty FMCG index declined 1.5 per cent
The firm reported a consolidated net loss of Rs 210.45 crore in the third quarter ended December 31, 2020
Ashok Leyland, Bharat Forge and Tata Motors from the auto index were down in the range of 3 per cent to 4 per cent.