Bharat Forge: Nomura on Bharat Forge Maintains Neutral with Target Price of ₹2,260 as Q1 EBITDA margin fell to 16.2% versus 17.8% estimate due to transient factors, while strong revenue growth is expected from the Class 8 truck upcycle, Defence & Aerospace and EU restructuring.

 11 Aug 2026 09:07 AM

Bharat Forge: Nomura on Bharat Forge Maintains Neutral with Target Price of ₹2,260 as Q1 EBITDA margin fell to 16.2% versus 17.8% estimate due to transient factors, while strong revenue growth is expected from the Class 8 truck upcycle, Defence & Aerospace and EU restructuring.

Bharat Forge: CLSA on Bharat Forge Maintains Hold with Target Price of ₹2,106 as Q1 margins were impacted by elevated gas/commodity costs and manpower shortages, but should recover toward 28%, with 20–25% FY27 revenue growth guided and ₹25bn fundraising planned for the Andhra Pradesh facility.

 11 Aug 2026 09:08 AM

Bharat Forge: CLSA on Bharat Forge Maintains Hold with Target Price of ₹2,106 as Q1 margins were impacted by elevated gas/commodity costs and manpower shortages, but should recover toward 28%, with 20–25% FY27 revenue growth guided and ₹25bn fundraising planned for the Andhra Pradesh facility.

Bharat Forge: MOSL on Bharat Forge Maintains Neutral with Target Price of ₹1,931 as Q1 adjusted earnings missed estimates due to margin pressure and a ₹3.5bn CDP restructuring provision, leading to a 7% FY27 earnings cut, while US Class 8 recovery, Defence, Aerospace and JSA remain key growth drivers.

 11 Aug 2026 09:08 AM

Bharat Forge: MOSL on Bharat Forge Maintains Neutral with Target Price of ₹1,931 as Q1 adjusted earnings missed estimates due to margin pressure and a ₹3.5bn CDP restructuring provision, leading to a 7% FY27 earnings cut, while US Class 8 recovery, Defence, Aerospace and JSA remain key growth drivers.

Bharat Forge: InCred on Bharat Forge Maintains Hold with Target Price of ₹2,103 as Q1 normalised EBITDA rose 9% and was in line, while a ₹35.8bn CDP provision hurt PAT; management targets 20% FY27 sales growth and plans ₹25bn fundraising for new product capex.

 11 Aug 2026 09:08 AM

Bharat Forge: InCred on Bharat Forge Maintains Hold with Target Price of ₹2,103 as Q1 normalised EBITDA rose 9% and was in line, while a ₹35.8bn CDP provision hurt PAT; management targets 20% FY27 sales growth and plans ₹25bn fundraising for new product capex.

Bharat Forge: Expects Strong Performance In FY27, More Growth Anticipated In FY28; Plans Organic Capex Of Around INR1,800 Crore For Various Operations

 11 Aug 2026 08:55 AM

Bharat Forge: Expects Strong Performance In FY27, More Growth Anticipated In FY28; Plans Organic Capex Of Around INR1,800 Crore For Various Operations

Bharat Forge: Aims For 22% To 23% Annual Margin In Defense, Aerospace Revenue Set To Double From INR400 Crore In Two Years, Semiconductor Business Targets $30 Million To $40 Million Growth, Energy And Data Center Business Expected To Double In Four Years.

 11 Aug 2026 08:55 AM

Bharat Forge: Aims For 22% To 23% Annual Margin In Defense, Aerospace Revenue Set To Double From INR400 Crore In Two Years, Semiconductor Business Targets $30 Million To $40 Million Growth, Energy And Data Center Business Expected To Double In Four Years.

Bharat Forge: Co Expects To Return To 27-28% Margins In The Upcoming Quarter

 10 Aug 2026 03:03 PM

Bharat Forge: Co Expects To Return To 27-28% Margins In The Upcoming Quarter

Bharat Forge: Expects Strong Q2 Results

 10 Aug 2026 03:04 PM

Bharat Forge: Expects Strong Q2 Results

Bharat Forge: Co MD Notes Ongoing Review Of Global Manufacturing Strategy Amid Profitability Challenges.

 10 Aug 2026 02:28 PM

Bharat Forge: Co MD Notes Ongoing Review Of Global Manufacturing Strategy Amid Profitability Challenges.

Bharat Forge: Keeps Its Growth Expectation Between 20% and 25%.

 10 Aug 2026 02:16 PM

Bharat Forge: Keeps Its Growth Expectation Between 20% and 25%.

Bharat Forge: Co Approved Fund Raise Of Upto Rupees 2500 Cr.

 10 Aug 2026 01:59 PM

Bharat Forge: Co Approved Fund Raise Of Upto Rupees 2500 Cr.

BHARAT FORGE: Q1 CONS PBT 4.1B VS 4.1B (YOY)

 10 Aug 2026 01:56 PM

BHARAT FORGE: Q1 CONS PBT 4.1B VS 4.1B (YOY)

BHARAT FORGE: Q1 EBITDA 7.1B RUPEES VS 6.7B (YOY); EST 7.83B || Q1 EBITDA MARGIN 15.3% VS 17.2% (YOY); EST 17%

 10 Aug 2026 01:56 PM

BHARAT FORGE: Q1 EBITDA 7.1B RUPEES VS 6.7B (YOY); EST 7.83B || Q1 EBITDA MARGIN 15.3% VS 17.2% (YOY); EST 17%

BHARAT FORGE: Q1 REVENUE 46B RUPEES VS 39B (YOY); EST 45.9B

 10 Aug 2026 01:56 PM

BHARAT FORGE: Q1 REVENUE 46B RUPEES VS 39B (YOY); EST 45.9B

BHARAT FORGE: Q1 CONS EXCEPTIONAL ITEM 3.6B

 10 Aug 2026 01:58 PM

BHARAT FORGE: Q1 CONS EXCEPTIONAL ITEM 3.6B

Bharat Forge: Co Sees Sharp Drop In Class 8 Truck Orders

 05 Aug 2026 09:27 AM

Bharat Forge: Co Sees Sharp Drop In Class 8 Truck Orders

Bharat Forge: Kalyani Powertrain To Sell 50% Of Its Stake In Refu Drive GmbH To Refu Elektronik GmbH.

 23 Jul 2026 09:42 AM

Bharat Forge: Kalyani Powertrain To Sell 50% Of Its Stake In Refu Drive GmbH To Refu Elektronik GmbH.

Bharat Forge: Forms Partnership To Produce Next-Gen Airships In India For Defence And National Security

 22 Jul 2026 11:59 AM

Bharat Forge: Forms Partnership To Produce Next-Gen Airships In India For Defence And National Security

Bharat Forge: Company and Flying Whales Team Up to Create Heavy-Lift Airships for National Use in India.

 22 Jul 2026 11:57 AM

Bharat Forge: Company and Flying Whales Team Up to Create Heavy-Lift Airships for National Use in India.

Bharat Forge: GS on Bharat Forge Initiates Neutral with Target Price ₹2,120 as recovery in global CV demand, defence execution, European restructuring, and strong EPS growth are largely balanced by current valuations.

 20 Jul 2026 09:18 AM

Bharat Forge: GS on Bharat Forge Initiates Neutral with Target Price ₹2,120 as recovery in global CV demand, defence execution, European restructuring, and strong EPS growth are largely balanced by current valuations.