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Bharat Forge gains 5% on healthy Q1 operational performance, growth outlook

Business Standard LogoBusiness Standard7h ago

Bharat Forge gains 5% on healthy Q1 operational performance, growth outlook - Business Standard

Quick Summary:

Shares of Bharat Forge have multiplied investors' wealth over the last two years with a rally of 122.

The group's defense business posted revenue of Rs 642 crore in Q1, registering a jump of 147 per cent Y-o-Y.

At around 02:05 PM, shares of Bharat Forge were quoted trading at Rs 1,580.85, up 1.44 per cent from its previous close of Rs 1,558.45 on the BSE.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 14:58:09 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21981754

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 311 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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