If you are looking for “ Bharat Forge share price targets” for upcoming years, you are in the right place. Before we dive into Bharat Forge Ltd. stock price targets, Let’s understand the Bharat Forge company background, technical fundamentals etc.
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About Bharat Forge Ltd.
Bharat Forge Ltd. is a leading manufacturer of forged components and automotive parts in India. The company was founded in 1961 and is headquartered in Pune, India. Bharat Forge produces a wide range of products, including crankshafts, connecting rods, and gears, and serves customers in various sectors, including automotive, aerospace, and defense. The company has a strong R&D capability and has received several awards for its innovations. Bharat Forge has a global presence, with manufacturing facilities in India, Germany, and the US, and a distribution network in over 90 countries.
Fundamentals of Bharat Forge Ltd.
Let’s look at the fundamentals of Bharat Forge, based on which we can get a clear understanding of the expertise in the Forgings sector.
- Current Market Cap: The current market cap of Bharat Forge as of 3/11/2023, is ₹ 41,134.76
- P/E Ratio: The current price-to-earning ratio of Bharat Forge is 37.02
- Sales Growth: Sales growth in last 1 year for Bharat Forge is 65.1 %
- Profit Growth: Profit growth is around -1,244.51 % in last 1 year
We have done a complete analysis of Bharat Forge and have come up with its share price targets for upcoming years.
Bharat Forge’s Current Share Price is ₹884
Note: These price targets of “Bharat Forge” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
| Year | Bharat Forge Share Price Targets (₹) |
|---|---|
| 2023 | 909 |
| 2024 | 934 |
| 2025 | 959 |
| 2026 | 984 |
| 2027 | 1009 |
| 2028 | 1164 |
| 2029 | 1319 |
| 2030 | 1474 |
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Bharat Forge for the year 2023 will be ₹909
The target share price of Bharat Forge for the year 2024 will be ₹934
The target share price of Bharat Forge for the year 2025 will be ₹959
The target price of Bharat Forge for the year 2026 will be ₹984
The target share price of Bharat Forge for the years 2027, 2028, 2029, and 2030 will be ₹1009, ₹1164, ₹1319, and ₹1474 respectively.
