Bharat Forge
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Auto stocks jump up to 7.8% after Nitin Gadkari assures all possible support to crisis-hit industry
•Automobile stocks jumped up to 7.8 percent on Thursday after Union Minister Nitin Gadkari assured the crisis-hit industry of all possible support
Auto stocks tumble up to 9% as sales in India see sharpest fall in 19 years in July
•Auto stocks tumbled up to 9 percent on Tuesday after industry body SIAM reported that automobile sales in India witnessed sharpest decline in nearly 19 years in July, dropping 18.71 percent, rendering almost 15,000 workers jobless over the past two-three months
Bharat Forge shares up nearly 5% as JV firm bags $100 mn contract from Indian Army and Airforce
•Shares of Bharat Forge on Thursday surged nearly 5 percent after it said its joint venture firm Kalyani Rafael Advanced Systems has bagged a $100 million (Rs 684 crore) contract for manufacturing missile kits for Indian Army and Airforce
Auto stocks fall up to 3% after passenger vehicle sales decline for eighth consecutive month in June
•Auto stocks fell up to 3 percent on Wednesday after SIAM data showed that domestic passenger vehicle (PV) sales declined for the eighth consecutive month in June
Bharat Forge Q4 net profit jumps threefold to Rs 299 cr, total income stands at Rs 1,719 cr
•The company had posted a standalone net profit of Rs 100.33 crore in the corresponding quarter a year ago, Bharat Forge said in a regulatory filing.
Bharat Forge Q3 profit up 36% at Rs 310 cr; strong performance across key verticals helps gain revenue, profit growth
•The company had reported a profit of Rs 228.17 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing.
Kirloskar group gets RBI nod for NBFC business; company to invest Rs 1,000 crore, will focus on SMEs initially
•Atul Kirloskar, chairman of Kirloskar group, said, "We are enthused by the RBI green signal and excited to start the business, which will reflect what we have been traditionally - conservative but solid - and ready to grow."
Bharat Forge's Q1 net up 34% at Rs 234 crore; total income stands at Rs 1,513.91 crore
•Bharat Forge Chairman and Managing Director BN Kalyani said the company has secured new business worth Rs 120 crore across domestic and export markets.
Q1 results, global cues, crude prices, monsoon session of Parliament to affect affect markets' moves this week
Ians •Market analysts opined that crude oil prices and developments in the monsoon session of parliament will also affect the markets' movement.
Auto stocks see selling pressure; down up to 3% on Supreme Court order
•Shares of Hero MotoCorp went down by 3.15 percent, Ashok Leyland lost 2.78 percent, Bharat Forge (1.30 percent), Tata Motors (0.70 percent), Mahindra & Mahindra (0.66 percent) and Maruti Suzuki (0.58 percent) on BSE.