Bharat Forge Ltd Share Price (BHARATFORG)

Bharat Forge's ROE and Debt to Equity Ratio Raise Concerns - 24 Apr, 2024

Bharat Forge Limited's 12% ROE is lower than the industry average of 13%. The company uses a high amount of debt, with a debt to equity ratio of 1.07, which may impact its performance if credit markets change over time.

Bharat Forge Ltd Up 1.36% on NSE - 22 Apr, 2024

Bharat Forge Ltd is trading at Rs 1209.3, up 1.36% on the day as of 12:44 IST on the NSE. The stock has gained 52.94% in the last year compared to a 25.64% gain in NIFTY and a 69.01% gain in the Nifty Auto.

Bharat Forge's Subsidiary Kalyani Powertrain Positions Itself as Key Player in EV Industry - 19 Apr, 2024

Kalyani Powertrain, a subsidiary of Bharat Forge and the Kalyani Group, is investing in the electric vehicle industry by acquiring stakes in UK-based EV truck startup and Tork Motors. The company aims to address pollution from heavy-duty vehicles through retrofitment business that electrifies existing trucks and buses. However, supply chain challenges remain a major hurdle for faster EV adoption across all segments.

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.