AgenciesPrabhudas Lilladher has buy call on Bharat Forge with a target price of Rs 900. The current market price of Bharat . is Rs 747.35. Time period given by analyst is one year when Bharat Forge Ltd. price can reach defined target.
Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 34493.13 Crore) operating in Auto Ancillaries sector.
Bharat Forge Ltd. key Products/Revenue Segments include Steel Forgings, Scrap, Export Incentives, Job Work, Wind Mills for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2884.04 Crore, down -21.12 % from last quarter Total Income of Rs 3656.05 Crore and up 34.24 % from last year same quarter Total Income of Rs 2148.39 Crore. Company reported net profit after tax of Rs 162.84 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 45.25 per cent stake in the company as of 30-Jun-2022, while FIIs owned 18.82 per cent, DIIs 24.33 per cent.
Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 34493.13 Crore) operating in Auto Ancillaries sector.
Bharat Forge Ltd. key Products/Revenue Segments include Steel Forgings, Scrap, Export Incentives, Job Work, Wind Mills for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2884.04 Crore, down -21.12 % from last quarter Total Income of Rs 3656.05 Crore and up 34.24 % from last year same quarter Total Income of Rs 2148.39 Crore. Company reported net profit after tax of Rs 162.84 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 45.25 per cent stake in the company as of 30-Jun-2022, while FIIs owned 18.82 per cent, DIIs 24.33 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by