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Bharat Forge makes further investment in Aeron Systems

30 Dec 2019 Evaluate

Bharat Forge has made the further investment of Rs 2 crore in Aeron Systems (Aeron), towards Tranche II. As of date, the company’s shareholding in Aeron stands at 22.42% for 78,000 equity shares.

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 1851.10
Ramkrishna Forgings 677.95
MM Forgings 525.40
Happy Forgings 1872.95
Balu Forge Inds. 476.75
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