Demand woes lead to valuation downgrades for Bharat Forge's stock

Quick Summary:

BHFC's Q3FY25 standalone revenue dropped 7 per cent Y-o-Y at Rs 2,100 crore, while operating profit dropped 5.

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The near term looks uncertain, due to weakness in export markets, and demand moderation in the domestic automobile industry and delays in defence execution.

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Category: BusinessFinance

Markets: India

Topics: Bharat Forge BHFC Stock markets Automobile industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-14 @ 19:48:20 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 141 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 26146787

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