Profit

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

NSE
612.15
Change Change %
4.10 0.67%

Updated:25 Sep, 2018, 12:04 PM IST

BSE
613.05
Change Change %
-0.75 -0.12%

Updated:25 Sep, 2018, 12:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Kotak
N/A
29-09-2016 Sell 926.80 835.00
N/A
Target Hit Long (1Y)
29-09-2017

Kotak has downgraded Bharat Forge to sell

Kotak has downgraded Bharat Forge to "sell" from "add" earlier with a target price of Rs 835. Headwinds in Commercial vehicles and exports to drive revenue decline in 2017. Current estimates already built in new segment growth. We lower EPS estimates for FY2017-19 by 5-7 per cent.

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