NDTV | Thursday October 29, 2015
The Sensex settled at 26,838 while Nifty lost 59 points to close at 8,111 - marking their lowest close in little over two weeks.
Press Trust of India | Thursday October 29, 2015
The company had posted standalone net profit of Rs 174.49 crore in the same period the last fiscal, Bharat Forge said in a regulatory filing.
Thursday October 29, 2015
Bharat Forge shares fell nearly 6 per cent on Thursday after the auto component maker missed earnings estimates in the September quarter.
NDTV | Wednesday October 21, 2015
The Nifty has been moving in a range of 8,150-8,300 for quite some time. Jay Thakkar, senior technical analyst with Sharekhan, says the trend for the downside or upside will depend how the index breaks this trading range.
NDTV | Thursday October 15, 2015
Mehraboon Irani, principal and head of private client group business at Nirmal Bang Securities says valuations have become stretched and they will need to adjust before the next leg of the bull market starts.
NDTV | Wednesday October 14, 2015
CLSA says the extent of slowdown in exports has surprised negatively. The brokerage has cut its earnings per share estimates for FY16-18 by 7-26 per cent.
NDTV | Wednesday September 16, 2015
Bharat Forge shares fell as much as 1.3 per cent on Wednesday to Rs 949.8, extending its losses to the third day.
NDTV | Wednesday September 16, 2015
Total open interest in options fell by 5.6 lakh shares whereas calls added 7.3 lakh shares to open interest pushing the Nifty put-call-ratio (PCR) to 0.93 from 0.94 earlier.
NDTV | Monday August 3, 2015
Bharat Forge's net profit for the first quarter beat Bloomberg estimates that had pegged it Rs 191 crore.
Press Trust of India | Sunday July 19, 2015
While last week Boeing inked a JV agreement with the Tatas, in February, it had roped in Bharat Forge and Dynamite Technologies as contractors for supplying critical components.
India News | Written by Sudhi Ranjan Sen | Wednesday July 15, 2015
The Indian Army will be replacing its vintage anti-aircraft guns, decided the Defence Acquisition Council (DAC) - headed by the Defence Minister Manohar Parrikar -- that met late this evening. The committee has cleared purchase of defence equipment worth Rs 30,000 crore, sources said.
Press Trust of India | Monday June 29, 2015
Shares of Bharat Forge plunged 4.03 per cent, Tata Motors was down 2.07 per cent, Havells India went down by 1.66 per cent, Motherson Sumi Systems lost 1.32 per cent and Tata Steel fell by 0.79 per cent on the BSE.
NDTV | Monday June 29, 2015
Tata Motors shares also fell over 4 per cent to an intraday low of Rs 419 as Greece exit will have a mixed impact on the company. Depreciation of euro although will lead to currency translation gains for the company but its volumes will be significantly affected by this, which will impact its overall revenues, analysts say.
Wednesday June 10, 2015
Brokerages have said Bharat Forge has been facing a slowdown in auto component orders related to class 8 trucks (large-sized trucks which weigh over 15,000 kg) since last three months.
Tuesday May 26, 2015
Alstom Bharat Forge Power, a joint venture of Bharat Forge with France's Alstom, has commenced production at its new Rs 1,350-crore manufacturing facility at Sanand in Gujarat for making supercritical turbines and generators.
Wednesday May 20, 2015
Bharat Forge's revenues saw a marginal improvement. In the recently concluded quarter the revenues came in at Rs 1,223.89 crore.
Friday April 17, 2015
Pune-based Bharat Forge is into metal forming, catering to several industries including automotive, power, oil and gas, construction, and mining.
Wednesday February 25, 2015
Ship building companies have become acquisition target of many large corporate houses as the government plans to spend billions of dollars in next two decades to modernise defence forces.
Thursday February 19, 2015
The company in a press release said, "Under the agreement, Bharat Forge will begin supplying pre-machined forgings from its facilities in Pune and Baramati to Boeing in the first quarter of 2016".
Wednesday February 18, 2015
Pipavav Defence and Offshore Engineering surged 19 per cent, Astra Microwave Products zoomed over 18 per cent and Bharat Forge added 5 per cent.
Monday February 2, 2015
The company's net profit stood at Rs 93.97 crore in the October-December quarter of the previous fiscal, Bharat Forge said in a filing to the BSE.
Friday January 2, 2015
CDP Bharat Forge GmbH, a 100 per cent Germany-based subsidiary of Bharat Forge Ltd (BFL), has acquired 100 per cent equity shares of Mecanique Generale Langroise (MGL), the Pune-based firm said in a filing to the BSE.
Tuesday December 30, 2014
The Nifty opened flat on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors were net sellers of Indian equities on Monday as they have sold stocks worth Rs 204 crore in cash market. However domestic investors were net buyers to the tune of Rs 360 crore on Monday. Sentiment is likely to be positive as cabinet approv...
Monday November 24, 2014
The shares of defence suppliers gained after the government approved the purchase of $2.6 billion worth mounted gun systems. Tata Power Company gained 0.8 per cent, Larsen & Toubro rose 0.6 per cent and Bharat Forge advanced 2 per cent.