Buy Bharat Forge, target price Rs 1005: Prabhudas Lilladher

Buy Bharat Forge, target price Rs 1005: Prabhudas Lilladher
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Synopsis

Bharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 40443.36 Crore) operating in Auto Ancillaries sector.

Agencies
Further, Prabhudas has maintained our buy with a target price of Rs 1,005 at 28x standalone EPS (Rs 950 earlier) as we roll forward to Dec-24E.
(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.
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