Buy Bharat Forge For A Gain of 23% In 1 Year Says ICICI Direct

ICICI Direct has made a buy recommendation on Bharat Forge's stock, with a target price of Rs 950. The stock is now trading at a market price of Rs 775, and the brokerage expects a decent gain of 23% over the next year. Bharat Forge Ltd. is a world-class technology-driven engineering company with over 50 years of expertise in the manufacturing of high-performance, critical, and safety components. Bharat Forge is India's largest automotive forging firm, manufacturing and exporting automotive components as well as being the world's leading maker of chassis components. With 10 manufacturing centers in India, Germany, Sweden, France, and North America, the company has a worldwide presence.

{photo-feature}