Bharat Forge Limited - Long Term Bet

 

About Company

Apreferred Technology & Engineering driven development partner and global leader in metal forming we serve several sectors including Automotive, Railways, Aerospace, Marine, Oil & Gas, Power, Construction and Mining. Being the world's largest forging company and amongst one of the best aerospace forging companies and automotive forging company; we have transcontinental presence across ten manufacturing locations spread across India, Germany,Sweden, France and North America. We are also a leading supplier of various components for the aviation sector making us a renowned name amongst aerospace forging companies in India and around the world.

Part of the Kalyani Group - A USD 3 billion conglomerate with 10,000 global work force, we have the largest repository of metallurgical know-how, design & engineering expertise, and manufacturing prowess in the region, which has established us as one the leading forging manufacturers in India. 

Company is backed by more than 50 years of experience in manufacturing a wide range of high performance, critical and safety components. We offer full service supply capability to our geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing & validation.

Developing our own technology, constantly improving our technical processes, adopting the latest manufacturing processes and continuously training our workforce to create a talent factory has been the cornerstone of our success and has contributed towards making us a leading automotive forging company in India.

Source - https://www.bharatforge.com/

CMP - 800

Year High - 919

Year Low  - 615

Wait for declines to buy and add to your portfolio.

Returns 

1 month -   2%

3 monthS -  4% minus

6 months - 10% MINUS

12 months  22%

Technicals - Moving Averages

20 DMA -  773

50 DMA -  775

100 DMA - 819

200 DMA - 796

Date 06 June 2023

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