March, 14 2025 Friday 18:07 Hrs
  • SENSEX :   73,828.91

  • Top commodity trading and broking companies in India-200.85( -0.27%) 13-Mar-2025
top-arrow-market
Sensex 73828.91 -200.85  (-0.27) 13-Mar-2025
Previous Day Close
74029.76
Today's High/Low
High Low
  •  
  •  
74401.11 73770.59

Company News Details

Bharat Forge Ltd
Industry :  Castings & Forgings
BSE Code
ISIN Demat
Book Value()
500493
INE465A01025
219.0870912
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
BHARATFORG
33.78
49697.31
EPS(TTM)
Face Value()
Div & Yield %
30.77
2
0.84
 

bharat forge ltd
Bharat Forge rises after arm inks pact With Taiwan's Compal Electronics
Mar 06,2025
The two companies have signed a memorandum of understanding (MoU) to develop the server business using locally manufactured solutions in India, echoing the Indian government’s “Make in India” policy.

Under this collaboration, Compal Electronics will provide Kalyani Powertrain with technological support related to servers, including overseeing local production, assembly, testing activities, and final sales.

Amit Kalyani, vice chairman & joint managing director of Bharat Forge, stated, “It gives us an immense pleasure to partner with a global leader of technological products ‘Compal’ for manufacturing servers in India. This association will give a strong impetus to India’s manufacturing competitiveness.”

Tony Bonadero, CEO of Compal Electronics, said, “We are very pleased to collaborate with Kalyani Powertrain. Compal is actively advancing its server business and establishing multiple partnerships. Kalyani Powertrain's extensive experience in the Indian market will create synergistic effects in our collaboration. We look forward to this being just the beginning, with more ICT-related business opportunities in the future to create greater value together.”

Bharat Forge (BFL) is the flagship company of the Kalyani Group, providing engineering solutions for diverse automotive and industrial applications. It is India’s one of the largest forging companies with forging-based engine and chassis components with a focus on crankshafts and front-axle beams, the largest exporter of auto components, and among the leading manufacturers of industrial components. It has a diversified global customer base, including the top five CV and PV manufacturers in the world.

The company has reported an 8.4% fall in standalone net profit to Rs 346 crore, along with a 7.4% decline in total revenue to Rs 2,096 crore in Q3 FY25, compared with Q3 FY24.

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.