BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains buy on Bharat Forge
Bharat Forge is transforming into an R&D-driven company. Expect better return on capital employed ahead. Stronger recovery expected in heavy trucks business in US. Oil & gas sector will likely drive upgrade.