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Bharat Forge witnesses sharp fall in Class 8 truck orders in North America

03 Apr 2019 Evaluate

Bharat Forge has witnessed sharp fall in Class 8 truck orders in North America. Class 8 truck orders for March continued to weaken for a third straight month at 15,700 units, falling sharply by 66 percent compared to the corresponding month last year. In March 2018, Class 8 truck orders stood at 46,248 units. On month-on-month basis, orders declined 7 percent.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Peers
Company Name CMP
Bharat Forge 1874.00
Ramkrishna Forgings 687.95
MM Forgings 597.00
Happy Forgings 2078.50
Balu Forge Inds. 498.45
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