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Bharat Forge Ltd Share Price (BHARATFORG)

₹1170.30.11%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Bharat Forge Ltd

Key events for Bharat Forge Ltd

  • Bharat Forge Supplies Machined Parts to Mercedes-Benz and Detroit Diesel - 15 Apr, 2024

    Bharat Forge has been a long-standing partner of Mercedes-Benz Group, supplying critical machined parts to their plants in Germany, USA, Japan, Brazil, and India. The company also supplies machined crankshafts for the 13-litre and 15-litre engine platforms to Detroit Diesel, USA.

  • Bharat Forge Ltd's P/E Ratio Higher Than Average Due to Strong Earnings Performance and Growth Potential - 09 Apr, 2024

    Bharat Forge Limited has a high P/E ratio of 64.4x, which is attributed to the company's strong earnings performance and estimated growth potential of 41% per annum over the next three years.

  • Bharat Forge Re-appoints Amit Kalyani as Director - 04 Apr, 2024

    Bharat Forge has re-appointed Amit Kalyani as a whole-time director for five years commencing from May 11, 2024. Kalyani currently serves as Vice-Chairman and Joint Managing Director.

  • Bharat Forge's Amit Kalyani Reappointed; Class 8 Truck Orders Fall - 03 Apr, 2024

    Bharat Forge reappoints Amit Kalyani as Vice-Chairman and Joint MD. Class 8 truck orders in North America fall by 9% YoY to 17,300 units in March.

  • Bharat Forge Denies False Allegations; Family Dispute Continues - 28 Mar, 2024

    Bharat Forge denies false allegations made by Baba Kalyani's relatives while his sister seeks division of family assets. The company's stock trades 1.02% up.

  • Family Dispute Over Kalyani Group Assets - 27 Mar, 2024

    Bharat Forge Chairman Baba Kalyani is embroiled in a family dispute with his sister Sugandha Hiremath over the partition of Kalyani family assets. His niece and nephew have filed a lawsuit seeking their share of the assets, which include Bharat Forge and other listed and privately held companies.

  • Private Companies and Institutions Hold Majority Stake in Bharat Forge Ltd - 25 Mar, 2024

    Private companies hold 42% stake, while institutions hold 41%. Sundaram Trading And Investment Pvt. Ltd. is the largest shareholder with a 25% ownership. Insider ownership is under 1%, and the general public holds a 14% stake.

  • Bharat Forge Fined Under Factories Act - 22 Mar, 2024

    Bharat Forge has been fined INR 30,000 under the Factories Act 1948. The company assures stakeholders that there will be no material financial or operational impact.

Analyst Rating for Bharat Forge Ltd stock

based on 26 analysts

HOLD
53.85%
Buy
11.54%
Hold
34.62%
Sell

Based on 26 analysts offering long term price targets for Bharat Forge Ltd. An average target of ₹1158.85

Source: S&P Global Market Intelligence

Bharat Forge Ltd share Performance

  • ₹1155
    ₹1176.5
    ₹1170.3
    downward going graph

    1.31%

    Downside

    Day's Volatility:1.84%

    Upside

    0.53%

    downward going graph
  • ₹748.4
    ₹1330
    ₹1170.3
    downward going graph

    36.05%

    Downside

    52 Weeks Volatility:49.70%

    Upside

    13.65%

    downward going graph
1 Month Return5.02 %
3 Month Return-4.52 %
1 Year Return50.43 %
Previous Close₹1,169.05
Open₹1,155.00
Volume11.67L
Upper Circuit-
Lower Circuit-
Market Cap₹54,487.84Cr

Bharat Forge Ltd Company Information

Bharat Forge Ltd is an Indian multinational company that was incorporated in 1961. It is headquartered in Pune, India and has operations in multiple lines of business, including automotive, power, oil and gas, construction and mining, railway, marine, aerospace, and defense.

The company is the world's second-largest forgings manufacturer and specializes in the production of high-performance components for the automotive, power, oil and gas, construction and mining, railway, marine, aerospace, and defense industries. Its top products include crankshafts, camshafts, suspension components, transmission components, engine components, and chassis components.

Bharat Forge is a leading supplier of components to some of the world's most popular brands, such as Mercedes-Benz, BMW, Volvo, Audi, Renault, Ford, and General Motors. The company also manufactures components for the Indian Armed Forces, and has supplied components to the Indian Space Research Organisation (ISRO).

Share Price: ₹1170.30 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹54,487.84Cr as of today
Revenue: ₹3,866.41Cr as on December 2023 (Q4 23)
Net Profit: ₹254.45Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: B N Kalyani
OrganisationBharat Forge Ltd
Headquarters
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Fundamentals of Bharat Forge Ltd

Insights on Bharat Forge Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 82.5 Cr → 264.55 Cr (in ₹), with an average increase of 23.6% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 16.28% to 16.60% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 19.81% to 19.84% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 3.82K Cr → 3.92K Cr (in ₹), with an average increase of 2.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NMDC Ltd has given 114.4% return, outperforming this stock by 64.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 116.6% return, outperforming this stock by 13.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.25% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, BHARATFORG stock has moved down by -7.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.34% to 10.21% in Dec 2023 quarter

Bharat Forge Ltd Valuation

Bharat Forge Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-279.83x)

June 10, 2021

Industry (50.11x)

April 15, 2024

Today (64.06x)

April 15, 2024

Highest (537.31x)

February 28, 2018

LowHigh

Bharat Forge Ltd Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth2.31%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth1.62%
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth3.37%
Kotak Equity Opportunities Direct GrowthKotak Equity Opportunities Direct Growth2.67%
Mirae Asset Large & Midcap Fund Direct Plan GrowthMirae Asset Large & Midcap Fund Direct Plan Growth1.27%

Bharat Forge Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
45.25%
0.00
Foreign Institutions
16.6%
1.94
Mutual Funds
19.84%
0.17
Retail Investors
10.21%
-1.25
Others
8.1%
-2.65

Technicals of Bharat Forge Ltd share

News & Events of Bharat Forge Ltd

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Bharat Forge Ltd (BHARATFORG) share price today is ₹1170.3

Bharat Forge Ltd is listed on NSE

Bharat Forge Ltd is listed on BSE

  • Today’s highest price of Bharat Forge Ltd is ₹1176.5.
  • Today’s lowest price of Bharat Forge Ltd is ₹1155.

PE Ratio of Bharat Forge Ltd is 64.06

PE ratio = Bharat Forge Ltd Market price per share / Bharat Forge Ltd Earnings per share

Today’s traded volume of Bharat Forge Ltd(BHARATFORG) is 11.67L.

Today’s market capitalisation of Bharat Forge Ltd(BHARATFORG) is ₹54487.84Cr.

Bharat Forge Ltd(BHARATFORGPrice
52 Week High
₹1330
52 Week Low
₹748.4

Bharat Forge Ltd(BHARATFORG) share price is ₹1170.3. It is down -12.01% from its 52 Week High price of ₹1330

Bharat Forge Ltd(BHARATFORG) share price is ₹1170.3. It is up 56.37% from its 52 Week Low price of ₹748.4

Bharat Forge Ltd(BHARATFORGReturns
1 Day Returns
1.25%
1 Month Returns
5.02%
3 Month Returns
-4.52%
1 Year Returns
50.43%