Bharat Forge Slips on Weak Outlook

  Published 10 months ago

Bharat Forge shares fall 2.7% to May low as weak results and export uncertainty prompt brokerage downgrades.

  • Export worries, weak Q1, and U.S. tariff risks lead Motilal, Ambit to cut EPS estimates and price targets.
  • ~33% revenue exposure to U.S.; cautious outlook weighs on investor sentiment and earnings visibility.
  • Stock down 14.4% YTD vs Nifty Auto’s 3% gain; analysts maintain "hold" with Rs 1,100 median target.

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