Edition:
India

Bharat Forge Ltd (BFRG.BO)

BFRG.BO on Bombay Stock Exchange

750.70INR
23 Feb 2018
Change (% chg)

Rs-1.60 (-0.21%)
Prev Close
Rs752.30
Open
Rs760.00
Day's High
Rs763.55
Day's Low
Rs747.50
Volume
33,483
Avg. Vol
94,748
52-wk High
Rs783.30
52-wk Low
Rs497.45

Latest Key Developments (Source: Significant Developments)

India's Bharat Forge To Set Up Unit In Israel
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Bharat Forge Ltd ::INCORPORATES A WHOLLY OWNED SUBSIDIARY COMPANY IN ISRAEL.  Full Article

India's Bharat Forge Sets Up E-Mobility R&D Centre In UK
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Bharat Forge Ltd ::OPENED RESEARCH & DEVELOPMENT FACILITY IN MIRA TECHNOLOGY PARK, UK.WILL BE DEVELOPING COMPONENTS & SUB-SYSTEMS FOCUSED ON ELECTRIC VEHICLES.  Full Article

Bharat Forge Sept-qtr profit rises about 61 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Bharat Forge Ltd :Sept quarter net profit 2.04 billion rupees‍​.Consensus forecast for Sept quarter profit was 1.99 billion rupees.Sept quarter revenue 12.58 billion rupees‍​.Declared interim dividend of 2 rupees per share.Sept quarter profit last year was 1.27 billion rupees, revenue from operations was 9.36 billion rupees.The profit and revenue alerts were first sourced from TV and later confirmed from a company press release at the National Stock Exchange‍​.  Full Article

Bharat Forge says co participated in the NCLT process towards acquiring Amtek Auto
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Bharat Forge Ltd ::Co participated in the process, run under NCLT‍​, towards acquiring Amtek Auto.  Full Article

Bharat Forge says Kalyani Group, Israel Aerospace Industries to incorporate JV in India
Wednesday, 15 Feb 2017 

Bharat Forge Ltd : Says Kalyani Group and Israel Aerospace Industries to incorporate a JV in India to manufacture specific air defense systems .IAI and KSSL aiming to build, market, manufacture air defense systems and ground to ground & ground to sea munitions.  Full Article

Bharat Forge says Bombay High Court sanctions scheme of amalgamation of BF Infrastructure Ventures
Monday, 22 Aug 2016 

Bharat Forge Ltd : High court of Bombay sanctioned the scheme of amalgamation of BF Infrastructure Ventures Limited into BF Infrastructure Limited .  Full Article

Bharat Forge June-qtr profit falls around 38 pct
Friday, 5 Aug 2016 

Bharat Forge Ltd : Says June-quarter net profit 1.22 billion rupees; total income from ops 9.57 billion rupees . Consensus forecast for June-quarter net profit was 1.52 billion rupees . Net profit in June quarter last year was 1.96 billion rupees as per Ind-AS; total income from operations was 11.86 billion rupees .  Full Article

Bharat Forge clarifies on news item on subsidiary stake sale
Friday, 15 Jul 2016 

Bharat Forge Ltd : Clarifies on news item on subsidiary stake sale . Co has not sold stake in defence holding co; kalyani group companies have subscribed to fresh issuance of shares of kssl . Dilution of co's stake in non-material unit kssl has no impact on co .  Full Article

Bharat Forge sees demand in Q1 FY17 to be lower than Q4 FY16
Tuesday, 17 May 2016 

Bharat Forge Ltd : Expect demand in Q1 FY 2017 to be lower than Q4 FY 2016 due to inventory destocking in US truck market, weakness of export industrial business . "Looking ahead, the M&HCV segment is expected to register another year of growth in FY 2017" . Expect improvement in industrial business to continue in FY 2017 on back of orders from 'Make in India' sectors, uptick in economic activity . Sees FY 2017 demand for commercial vehicles to be higher in India and Europe, lower in North America .  Full Article

Bharat Forge March-qtr profit down 19 pct
Tuesday, 17 May 2016 

Bharat Forge Ltd : Says March-quarter net profit 1.65 billion rupees versus net profit of 2.03 billion rupees year ago . Says March-quarter total income from operations 10.08 billion rupees versus 12.24 billion rupees year ago . Recommended final diviend of INR 0.50 per share .  Full Article

BRIEF-India's Bharat Forge Dec Qtr Profit Up About 77 Pct

* DEC QUARTER PROFIT 2.28 BILLION RUPEES VERSUS 1.29 BILLION RUPEES LAST YEAR