MoneyWorks4Me

Bharat Forge’s promoter up their stake to 12.6%

13 Sep 2013 Evaluate

Bharat Forge’s promoter have increased stake in company to 12.6% from 9.01%. As of June 2013, Promoter group in total, held 42.05% stake in the company, while Institutional and others holding stood at 29.29% and 28.66% respectively.

Bharat Forge engages 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 1795.00
Ramkrishna Forgings 691.50
MM Forgings 556.15
Happy Forgings 1938.10
Balu Forge Inds. 486.45
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