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.
Monday November 10, 2014
Bharat Forge's net sales during the six-month period increased 29.92 per cent to Rs 2,126.40 crore as against Rs 1,636.67 crore in the same period of the previous fiscal.
Tuesday October 7, 2014
The government has cleared 33 pending defence projects including those of Reliance Aerospace, Bharat Forge, Mahindra Telephonic Integrated Systems and Tata Advanced Materials, a move that is expected to boost advanced manufacturing and attract huge investments.
Monday September 8, 2014
Auto components firm Bharat Forge has sold a 50 per cent stake in its joint venture company Impact Automotive Solutions Ltd for Rs 10.80 crore.
Thursday August 21, 2014
Bharti Airtel has declared a final dividend of Rs 1.80 for the financial year 2013-14 which indicates a dividend yield of 0.49 per cent per share.
Thursday August 7, 2014
Improvement in export volumes and currency depreciation are the main reasons for growth, analysts say.
Wednesday July 30, 2014
Total net sales of the company in Q1 of 2014-15 stood at Rs 964.33 crore, up 24.96 per cent compared to Rs 771.65 crore during the same period 2013-14.
Tuesday May 27, 2014
Net profit includes impairment charge of Rs 30.8 crore, which is non-cash in nature, taken on investments in domestic subsidiaries, the company said in a statement.
Thursday May 8, 2014
Auto components firm Bharat Forge on Thursday said its German subsidiary BFAT has won a 250-million-euros (Rs 2,075 crore at 1 euro = 83 rupees) multi-year contract from a firm in Germany for supplying suspension components.
Wednesday April 9, 2014
Bharat Forge has made a day high of Rs 446.90 and currently trading up 1.64 per cent to Rs444 rupees, while Ashok Leyland trading at it day high with around 4 per cent gains at Rs23.95 up 2.82 per cent on NSE at 12:58 p.m.