Bharat Forge
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Alstom Bharat Forge bags Rs 1,495 cr order from NTPC
Alstom Bharat Forge Power, a joint venture of GE and Bharat Forge, has signed a contract worth USD 219 million (about Rs 1,495 crore) with NTPC for supply of steam turbine generators.
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Bharat Forge shares gain on bagging contract from Boeing
Bharat Forge shares gained as much as 2.55 per cent on Tuesday after the company informed bourses that it has entered into a contract with Boeing
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Top 11 stocks that buzzed in Thursday’s trade: Tata Motors, Dr Reddy’s and more
Tata Motors share price ended 6.10 per cent up at Rs 336.35 after the company’s arm Jaguar Land Rover (JLR) reported a strong 25 per cent jump in US sales at 7,929 units in February 2016 against 6,327 units a year earlier.
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Bharat Forge sees 15.4% drop in PAT
Bharat Forge (BFL) reported a 15.4% drop in PAT during Q3FY16 to R166.16 crore while operating profit was down 9.5% to R263.25 crore. Total revenues fell by 12.2% to R1,052.02 crore.
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Buy rating on Bharat Forge: 2016 to be year of consolidation
The year that was: Bharat Forge (BFL) made a strong start to 2015 with solid revenue growth coming from strong Class 8 truck orders and a robust order book from the oil and gas business.
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Bharat Forge to invest Rs 1,200 cr to set up auto component hub in Nellore
Bharat Forge will invest Rs 1,200 crore to set up an integrated auto component hub in Nellore, Andhra Pradesh, which will create 3,000 jobs.
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Buy rating on Bharat Forge; FY16 weak but the future is bright
The company is working on developing new products for the existing and new customers to increase its presence across various verticals
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Bharat Forge to supply engine parts to Rolls-Royce
Homegrown auto components major Bharat Forge today signed a long-term agreement with Rolls-Royce for supply of aero engine parts.
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Maintain ‘neutral’ on Bharat Forge: Nomura
We attended Bharat Forge’s analyst meeting on Tuesday (December 8) where the company discussed potential future growth drivers.
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Bharat Forge shares dip over 6 per cent on 2016 revenue outlook
Bharat Forge shares dipped as much over 6 per cent on Wednesday after the company presented a flat revenue outlook for 2016 at its investor meet.
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Bharat Forge shares fall over 4% on CLSA downgrade
Bharat Forge shares slid as much as 6 per cent intraday on Wednesday after a global brokerage house CLSA downgraded the stock from ‘buy’ to ‘sell’.
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Bharat Forge Q1 net grows 34.7% to Rs 195.32 cr
Bharat Forge today reported a 34.73 per cent in standalone net profit at Rs 195.32 crore for the first quarter ended June 30, 2015.
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Going strong for Bharat Forge, maintain ‘buy’: Edelweiss
Maintain ‘buy’ on Bharat Forge (BHFC) with a revised target price of R1,343 (earlier R1,225) based on 25x (24x earlier) FY17e EPS, given 32% earnings CAGR over FY15-17e and strong RoE at 27%.
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India’s defence suppliers gain after govt approves $2.6 bln mounted gun purchase
India on Saturday approved the purchase of $2.6 bln worth mounted gun systems.
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Our target is to have five $100-m verticals by 2020: Amit Kalyani
Bharat Forge has had a good second quarter with an 81% jump in profit and a 34.7% rise in turnover.
