BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
CLSA maintains sell on Bharat Forge
CLSA has maintained sell on Bharat Forge for target of Rs 655/share. It has cut FY17-18 EPS by 11% on weak export outlook and says that the exports will remain under stress and margins will decline in FY17 due to operating leverage.