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" rating on Bharat Forge for a target of Rs 655. CLSA has cut earnings estimates for Bharat Forge for FY17 and FY18. Export outlook remains weak. CLSA expects sequential improvement but to a limited extent.