Can we buy Bharat Forge?

Can we buy Bharat Forge?

Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 32498.09 Crore) operating in Auto Ancillaries sector. Emkay Global has buy call on Bharat Forge with a target price of Rs 950. The current market price of Bharat Forge Ltd. is Rs 700.

Why is Bharat Forge falling?

In the near term, supply challenges and cost pressures to impact margins. A weak performance in the March quarter due to muted export revenues from commercial vehicles and supply chain issues led to an 8 per cent fall in the stock of Bharat Forge from the highs this month.

Which sector is Bharat Forge?

Bharat Forge Limited is an Indian multinational company involved in forging, automotives, energy, construction and mining, railways, marine, aerospace and defence industries. The company was founded by Nilkanthrao A.

Is Bharat Forge a multinational company?

Bharat Forge Limited (BFL), the Pune based Indian multinational is a technology driven global leader in metal forming, having a transcontinental presence across ten manufacturing locations, serving several sectors including automotive, power, oil and gas, construction & mining, locomotive, marine and aerospace.

Will Bharat Forge go up?

As per Motilal Oswal report, Bharat Forge share price may go up to ₹860 apiece levels, yielding around 25 to 30 per cent return to its shareholders in next one year.

Who is owner of Bharat Forge?

Mr B N Kalyani, Chairman & Managing Director, Bharat Forge has been conferred with the Business Standard CEO of the Year 2004.

What does Bharat Forge manufacturer?

Bharat Forge manufactures an extensive array of critical and safety components for several sectors including Automobiles (across Commercial & Passenger Vehicle), Oil & Gas, Aerospace, Locomotives, Marine, Energy (across renewable and non-renewable sources), Construction, Mining and General Engineering.

Who is the owner of Kalyani group?

Nilkanthrao Kalyani
Kalyani Group

Type Conglomerate
Founder Nilkanthrao Kalyani
Headquarters Pune, Maharashtra , India
Area served Worldwide
Key people Baba Kalyani (Chairman)

Who founded Bharat Forge?

Neelkanth Kalyani founded Bharat Forge in 1951 which subsequently became a leading name in the forging sector with rapid expansion. Bharat Forge is the flagship company of the Kalyani Group and the world’s second-largest forgings manufacturer.

Who is Kalyani in Pune?

Neelakanth Kalyani, a Pune-based technocrat and maker of automotive components. He completed his high school from Rashtriya Military School, Belgaum; and also attended Dr. (Mrs)Erin N. Nagarvala School,(formerly National Model School),Pune.

Is Kalyani Group listed?

Kalyani Group is one of the leading Industrial houses in India. It is an Indian multi-national operating in sectors such as Engineering Steel, Automotive, Industrial, Renewable Energy, Urban Infrastructure and Specialty Chemicals. The market capitalization of its listed entities is approximately 10,000 crores.

Who owns Kalyani Forge?

Baba Kalyani
Kalyani Group

Type Conglomerate
Key people Baba Kalyani (Chairman)
Brands Bharat Forge, Sharp, Meritor
Revenue US$3 billion (2015)
Owner Baba Kalyani