Bharat Forge Share Price

Bharat Forge Ltd. Stock Trends in 2018

1. The opening price of the stock at the beginning of January 2018 was Rs.731 while the closing price at the end of January was Rs.724.
2. By mid February, the stock price had reached Rs.770 while the month ended with a closing price of Rs.765.
3. On March 1, 2018, the price of the stock was Rs.791 and it fell to Rs.703 by the end of the month.

Bharat Forge Ltd. Trends in 2016 and 2017

1. The opening price of the stock at the beginning of January 2016 was Rs.446. Meanwhile, the closing price at the end of the month was Rs.410. By the end of the March the price was Rs.445.
2. At the beginning of June, the price of the stock was Rs.379 while at the end of October, the price was up to Rs.443.
3. In early November, the price of the stock more than Rs.420 while the closing price at the end of December 2016 was Rs.449.
4. The opening price of the stock at the beginning of January 2017 was Rs.454. In March, the stock finally crossed Rs.500 mark and the closing price at the end of the month was Rs.514.
5. In early May, the stock price was Rs.574 and by the end of June the had fallen to Rs.537.
6. At the beginning of August, the price of the stock was Rs.575 and at the end of September, the price had crossed Rs.600.
7. The opening price of the stock in November was Rs.705 and by the end of December 2017 was Rs.738.

Should you invest in Bharat Forge Ltd.?

Bharat Forge is a prestigious company that has been performing well in terms of profit. The price of the stock has been stable and gradually increasing since 2016. It is advised to conduct enough research and take help of a financial expert before investing in the stock.

Company Information

Bharat Forge is India's largest forging and auto parts maker. It is the largest manufacturer and exporter of automotive components in India and leading chassis component manufacturer in the world. The company has the largest repository of metallurgical knowledge in the region and offers their customers services ranging from concept to product design engineering manufacturing testing and validation. It has manufacturing facilities spread across North America, Germany, India, Sweden and France.

History of the Company

Bharat Forge was founded in Nilkanthrao Kalyani in 1961. Based in Pune, the company started its commercial production with Forge Shop Hammer Technology in 1966. By 1985, Bharat Forge began exports in Europe and in 1991 it had a major break-through in Japan, USA and UK for critical supply of

power-train & chassis components. In 2003, the company established global manufacturing footprint across North America, China and Europe. Bharat Forge commissioned India's largest commercial open

forging press in 2008. The company became the first indigenous supplier of crankshaft in 2013. Bharat Forge acquired Oil and Gas Machining Company, Mécanique Générale Langroise (MGL) in France in 2015.

Management of the Company

Mr.Baba Kalyani - Chairman and Managing Director

Mr. Baba Kalyani joined Bharat Forde in 1972. He is a Mechanical Engineer from the Birla Institute of Technology and Science at Pilani, Rajasthan and also has an M.S. in Engineering from the Massachusetts Institute of Technology, USA. He has received the Padma Bhushan (one of the highest civilian award by Indian government) for contributions to Trade and Industry in India. Mr. Kalyani was made Commander First Class of the Royal Order of the Polar Star by the Swedish government in recognition of his contribution in furthering trade and business cooperation between Sweden and India.

Mr. Amit Kalyani - Executive Director

Amit B. Kalyani is the Executive Director of Bharat Forge and is also on the board of the company. He joined the company in 1999 as Vice President and Chief Technology Officer (CTO). He has a Bachelor's in Mechanical Engineering from Bucknell University, Pennsylvania, USA. Mr. Amit is responsible for driving the non-automotive, urban infrastructure & real estate initiatives of the Kalyani Group. In addition, he takes care of Investor Relations, Finance, Human Resources & Industrial Relations across the group.

Bharat Forge Ltd. Listing and Indices

The stocks of Bharat Forge can be bought and sold on the two major stock exchanges in the country - National Stock Exchange and Bombay Stock Exchange. The codes for the same are mentioned below.

BSE - 500493

NSE - BHARATFORG

ISIN - INE465A01025

Sector - CASTINGS & FORGINGS

Bharat Forge stocks forms a part of different indices and they are mentioned below:

1. Nifty 200
2. Nifty 500
3. Nifty Midcap 100
4. S&P BSE 100
5. S&P BSE 200
6. S&P BSE 500
7. S&P BSE Auto

Location

Registered Office

Mundhwa, Pune Cantonment,

Pune, Maharashtra - 411036

Tel: 020-67042777, 67042476

Stocks vs. Mutual Funds: here's what we recommend

Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.