COMPANY NEWS


Bharat Forge Ltd
BSE Code 500493 ISIN Demat INE465A01025 Book Value (₹) 184.04 NSE Symbol BHARATFORG Div & Yield % 0.6 Market Cap ( Cr.) 69,379.69 P/E * 48.3 EPS * 30.85 Face Value (₹) 2
* Profit to Earning Ratio
* Earning Per Share
Bharat Forge announces acquisition of majority stake in Zorya Mashproekt India Back
(24 Jan 2024)
Bharat Forge announced that Kalyani Strategic Systems (KSSL), a wholly-owned subsidiary of the Company has completed the acquisition of 66.24% stake in Zorya Mashproekt India (ZMI).

KSSL's shareholding will eventually be at 51% on a fully-diluted basis upon technology partner acquiring shares in ZMI.