Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
608.05
Change Change %
-16.50 -2.64%

Updated:24 Sep, 2018, 15:57 PM IST

BSE
613.80
Change Change %
-11.55 -1.85%

Updated:24 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
06-07-2015 Sell 1090.45 N/A
N/A
Closed Custom
06-07-2016

Nomura maintains reduce on Bharat Forge

Order inflows for class 8 trucks in North America declined 25 per cent year-on-year to 19,625 units in June 2015, marking its fourth consecutive month of decline. Bharat Forge derives around 15 per cent of its revenue from the North American heavy trucks. If the current trend continues, there could be downside risks to our FY17 estimates, said Nomura.

Top