Bharat Forge Ltd Analyst Rating
based on 26 analysts
46.15%
Buy
15.38%
Hold
38.46%
Sell
Based on 26 analysts offering long term price targets for Bharat Forge Ltd. An average target of ₹1555.08
Source: S&P Global Market Intelligence
Bharat Forge Ltd Share analysis
Bharat Forge Ltd price forecast by 26 analysts
Upside of11.28%
High
₹2000
Target
₹1555.08
Low
₹950
Bharat Forge Ltd target price ₹1555.08, a slight upside of 11.28% compared to current price of ₹1360.6. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Bharat Forge Ltd revenue growth forecast
Expected growth rate Q1, FY2026:28.40%
Forecast
Actual
Including amortisation and stock based compensations
Bharat Forge Ltd EPS growth forecast
EPS estimate Q1, FY2026:112.33%
Forecast
Actual
Source: S&P Global Market Intelligence
Bharat Forge Ltd Performance
Day's Low
Day's High
₹1,340₹1,397.5552 Week's Low
52 Week's High
₹1,018₹1,804.5
| Returns % | |
| 1 Month Return | -6.21 % |
| 3 Month Return | -12.3 % |
| 1 Year Return | + 33.65 % |
| Market Stats | |
| Previous Close | ₹1,397.50 |
| Open | ₹1,397.50 |
| Volume | 7.45L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹65,066.01Cr |
Bharat Forge Ltd Key Statistics
| P/E Ratio | 69.91 |
| PEG Ratio | 9.49 |
| Market Cap | ₹65,066.01 Cr |
| P/B Ratio | 6.14 |
| EPS | 19.55 |
| Dividend Yield | 0.8 |
| Sector | Castings, Forgings & Fastners |
| ROE | 17.52 |
Bharat Forge Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹65,066.01 Cr | 45.26% | 0.68 | ₹910 Cr | ₹15,682 Cr | |
| HOLD | ₹52,929.29 Cr | 93.37% | 0.61 | ₹924 Cr | ₹14,030 Cr | |
| BUY | ₹43,438.16 Cr | 18.72% | 0.58 | ₹517 Cr | ₹3,184 Cr | |
| HOLD | ₹35,411.87 Cr | 26.99% | 0.50 | ₹680 Cr | ₹10,240 Cr | |
| BUY | ₹54,921.98 Cr | 62.53% | 0.51 | ₹899 Cr | ₹7,250 Cr |
About Bharat Forge Ltd
The company is the world's second-largest forgings manufacturer and specializes in the production of high-performance components for the automotive, power, oil and gas, construction and mining, railway, marine, aerospace, and defense industries. Its top products include crankshafts, camshafts, suspension components, transmission components, engine components, and chassis components.
Bharat Forge is a leading supplier of components to some of the world's most popular brands, such as Mercedes-Benz, BMW, Volvo, Audi, Renault, Ford, and General Motors. The company also manufactures components for the Indian Armed Forces, and has supplied components to the Indian Space Research Organisation (ISRO).
Share Price: ₹1360.60 per share as on 12 Nov, 2024 04:01 PM
Market Capitalisation: ₹65,066.01Cr as of today
Revenue: ₹4,106.15Cr as on June 2024 (Q2 24)
Net Profit: ₹174.58Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: B N Kalyani
| Organisation | Bharat Forge Ltd |
| Headquarters | |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
Key events for Bharat Forge Ltd
Bharat Forge Shows Signs of Recovery After Drop - 11 Nov, 2024
Bharat Forge's stock, which peaked at Rs 1,826 on June 21, 2024, has consolidated for five months. Recent rebounds suggest potential easing of selling pressure, with experts noting that surpassing Rs 1,330 could signal bullish momentum.
Bharat Forge Stock Declines Amid Market Correction - 07 Nov, 2024
Bharat Forge's share price fell 0.58% to Rs 1462.4. The stock has seen a 38.65% increase over the past year, despite recent corrections.
Bharat Forge Contributes to Telangana's Automotive Hub - 06 Nov, 2024
Bharat Forge, along with Mahindra and others, is establishing advanced manufacturing facilities in Telangana, enhancing the region's capabilities in traditional and electric vehicle technologies.
Bharat Forge Secures Major Defence Contract Bid - 05 Nov, 2024
Bharat Forge has emerged as the lowest bidder for a ₹7,000 crore contract for Advanced Towed Artillery Gun Systems (ATAGS) developed by DRDO, expected to manage 60% of the order. This significant win highlights Bharat Forge's role in advancing India's defense manufacturing capabilities.
Bharat Forge Focuses on Innovation for Growth - 22 Oct, 2024
Bharat Forge's Chairman, Baba Kalyani, highlighted the importance of innovation in the manufacturing sector to achieve significant growth as India aims for developed nation status by 2047.
Bharat Forge Acquires AAM India Manufacturing Corporation - 18 Oct, 2024
Bharat Forge Limited has entered into a definitive agreement to acquire AAM India Manufacturing Corporation for an enterprise value of ₹5,445.30 million, strengthening its position in the commercial vehicle axle sector.
Bharat Forge Acquires AAM India for Expansion - 17 Oct, 2024
Bharat Forge Limited has entered into a definitive agreement to acquire AAM India Manufacturing Corporation for Rs 544.5 crore, enhancing its commercial vehicle axle business in Pune and Chennai. The deal awaits approval from the Competition Commission of India.
Bharat Forge Partners for UAV Manufacturing and Maintenance - 15 Oct, 2024
Bharat Forge is experiencing potential stock reversal signals while partnering with General Atomics to manufacture UAV components and set up a drone maintenance hub in India.
Insights on Bharat Forge Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 17.03% to 18.72% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Jindal Steel & Power Ltd has given 127.6% return, outperforming this stock by 47.3%
- NO EFFECT
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 42.6% return, outperforming this stock by 9.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 45.25% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 9.58% to 9.55% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, BHARATFORG stock has moved down by -4.3%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 19.35% to 16.46% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 264.55 Cr → 202.81 Cr (in ₹), with an average decrease of 12.4% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 4.21K Cr → 4.15K Cr (in ₹), with an average decrease of 1.5% per quarter
Bharat Forge Ltd Financials
Index Inclusions
Bharat Forge Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.25% | 0.00 | |
| Foreign Institutions | 18.72% | 9.92 | |
| Mutual Funds | 16.46% | ||
| Retail Investors | 9.55% | ||
| Others | 10.01% | 13.96 |
Bharat Forge Ltd Key Indicators
Bharat Forge Ltd Valuation
Bharat Forge Ltd in the last 5 years
Lowest (-279.83x)
June 10, 2021
Industry (42.42x)
November 11, 2024
Today (69.91x)
November 11, 2024
Highest (537.31x)
February 28, 2018
Bharat Forge Ltd Earnings and Dividends
Bharat Forge Ltd Earnings Results
Bharat Forge Ltd’s net profit fell -9.22% since last year same period to ₹202.81Cr in the Q1 2024-2025. On a quarterly growth basis, Bharat Forge Ltd has generated -14.05% fall in its net profits since last 3-months.
Read More about Earnings ResultsBharat Forge Ltd Dividends May,2024
In the quarter ending March 2024, Bharat Forge Ltd has declared dividend of ₹6.50 - translating a dividend yield of 0.66%.
Read More about Dividends
Bharat Forge Ltd Technicals Summary
Bearish
Neutral
Bullish
Bharat Forge Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Bharat Forge Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Bharat Forge Ltd shares.
Bharat Forge Ltd (BHARATFORG) share price today is ₹1360.6
Bharat Forge Ltd is listed on NSE
Bharat Forge Ltd is listed on BSE
- Today’s highest price of Bharat Forge Ltd is ₹1397.55.
- Today’s lowest price of Bharat Forge Ltd is ₹1340.
PE Ratio of Bharat Forge Ltd is 69.91
PE ratio = Bharat Forge Ltd Market price per share / Bharat Forge Ltd Earnings per share
Today’s traded volume of Bharat Forge Ltd(BHARATFORG) is 7.45L.
Today’s market capitalisation of Bharat Forge Ltd(BHARATFORG) is ₹65066.01Cr.
| Bharat Forge Ltd(BHARATFORG | Price |
|---|---|
52 Week High | ₹1804.5 |
52 Week Low | ₹1018 |
Bharat Forge Ltd(BHARATFORG) share price is ₹1360.6. It is down -24.60% from its 52 Week High price of ₹1804.5
Bharat Forge Ltd(BHARATFORG) share price is ₹1360.6. It is up 33.65% from its 52 Week Low price of ₹1018
| Bharat Forge Ltd(BHARATFORG | Returns |
|---|---|
1 Day Returns | -36.9% |
1 Month Returns | -6.21% |
3 Month Returns | -12.3% |
1 Year Returns | 33.65% |