BAJAJ BROKING

Notification
No new Notification messages
Ather Energy IPO is Open!
Apply for the Ather Energy IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

422

500493

BHARATFORG

img img img img
No Data Available

Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply

BHARAT FORGE LTD performance

Today’s low

Today’s high

₹ 1098.00 ₹ 1135.00
₹ 1104.20

52 week low

52 week high

₹ 919.10 ₹ 1804.50
₹ 1104.20

Open Price

₹ 1135.00

Prev. Close

₹ 1134.00

Volume (Shares)

1270756.00

Total traded value

₹ 14031.68

Upper Circuit

₹ 1247.40

Lower Circuit

₹ 1020.60

info

BHARAT FORGE LTD Share Price Update

As of the latest trading session, BHARAT FORGE LTD share price is currently at ₹ 1104.2, which is down by ₹ -29.80 from its previous closing. Today, the stock has fluctuated between ₹ 1098.00 and ₹ 1135.00. Over the past year, BHARAT FORGE LTD has achieved a return of -13.13 %. In the last month alone, the return has been -3.86 %. Read More...

BHARAT FORGE LTD fundamentals


  • Market cap (Cr)

    51,410.30

  • P/E Ratio (TTM)

    38.64

  • Beta

    1.40

  • Book Value / share

    219.08

  • Return on equity

    17.52%

  • EPS (TTM)

    30.77

  • Dividend yield

    0.79%

  • Net profit/quarter (Cr)

    346.04

info icon alternate text
  • Market cap (Cr)

    51,419.61

  • P/E Ratio (TTM)

    39.61

  • Beta

    1.34

  • Book Value / share

    219.08

  • Return on equity

    17.52%

  • EPS (TTM)

    30.77

  • Dividend yield

    0.79%

  • Net profit/quarter (Cr)

    346.04

info icon alternate text

BHARAT FORGE LTD Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 2095.94
Operating Expense 1653.80
Net Profit 346.04
Net Profit Margin (%) 16.51
Earnings Per Share (EPS) 7.38
EBITDA 640.31
Effective Tax Rate (%) 26.78
Particulars SEP 2024 (Values in Cr)
Revenue 2246.67
Operating Expense 1793.09
Net Profit 361.16
Net Profit Margin (%) 16.07
Earnings Per Share (EPS) 7.75
EBITDA 673.76
Effective Tax Rate (%) 28.04
Particulars JUN 2024 (Values in Cr)
Revenue 2338.10
Operating Expense 1866.24
Net Profit 269.42
Net Profit Margin (%) 11.52
Earnings Per Share (EPS) 5.79
EBITDA 550.39
Effective Tax Rate (%) 27.33
Particulars MAR 2024 (Values in Cr)
Revenue 2328.59
Operating Expense 1840.72
Net Profit 389.66
Net Profit Margin (%) 16.73
Earnings Per Share (EPS) 8.37
EBITDA 684.01
Effective Tax Rate (%) 24.00
Particulars DEC 2023 (Values in Cr)
Revenue 2263.38
Operating Expense 1793.53
Net Profit 377.81
Net Profit Margin (%) 16.69
Earnings Per Share (EPS) 8.11
EBITDA 697.72
Effective Tax Rate (%) 25.09
Particulars MAR 2024 (Values in Cr)
Revenue 8968.63
Operating Expense 7220.30
Net Profit 1424.96
Net Profit Margin (%) 15.88
Earnings Per Share (EPS) 30.60
EBITDA 2624.68
Effective Tax Rate (%) 24.81
Particulars MAR 2023 (Values in Cr)
Revenue 7572.71
Operating Expense 6300.25
Net Profit 1045.47
Net Profit Margin (%) 13.80
Earnings Per Share (EPS) 22.45
EBITDA 2021.40
Effective Tax Rate (%) 24.39
Particulars MAR 2022 (Values in Cr)
Revenue 6254.61
Operating Expense 5057.97
Net Profit 1077.80
Net Profit Margin (%) 17.23
Earnings Per Share (EPS) 23.15
EBITDA 1915.03
Effective Tax Rate (%) 22.79
Particulars MAR 2021 (Values in Cr)
Revenue 3651.51
Operating Expense 3367.88
Net Profit 312.09
Net Profit Margin (%) 8.54
Earnings Per Share (EPS) 6.70
EBITDA 858.91
Effective Tax Rate (%) 24.77
Particulars MAR 2020 (Values in Cr)
Revenue 4563.88
Operating Expense 4038.27
Net Profit 473.52
Net Profit Margin (%) 10.37
Earnings Per Share (EPS) 10.17
EBITDA 1082.49
Effective Tax Rate (%) 20.09
Particulars MAR 2024 (Values in Cr)
Book Value / Share 153.96
ROE % 13.12
ROCE % 12.61
Total Debt to Total Equity 1.10
EBITDA Margin 17.72
Particulars MAR 2023 (Values in Cr)
Book Value / Share 143.98
ROE % 6.88
ROCE % 7.32
Total Debt to Total Equity 1.00
EBITDA Margin 13.65
Particulars MAR 2022 (Values in Cr)
Book Value / Share 141.08
ROE % 15.42
ROCE % 11.01
Total Debt to Total Equity 0.94
EBITDA Margin 19.75
Particulars MAR 2021 (Values in Cr)
Book Value / Share 116.27
ROE % 4.17
ROCE % 3.11
Total Debt to Total Equity 0.92
EBITDA Margin 14.86
Particulars MAR 2020 (Values in Cr)
Book Value / Share 112.07
ROE % 6.59
ROCE % 6.49
Total Debt to Total Equity 0.80
EBITDA Margin 14.66
Particulars MAR 2024 (Values in Cr)
Book Value / Share 184.00
ROE % 17.52
ROCE % 16.82
Total Debt to Total Equity 0.59
EBITDA Margin 29.27
Particulars MAR 2023 (Values in Cr)
Book Value / Share 165.34
ROE % 14.12
ROCE % 13.38
Total Debt to Total Equity 0.60
EBITDA Margin 26.69
Particulars MAR 2022 (Values in Cr)
Book Value / Share 152.66
ROE % 14.75
ROCE % 12.82
Total Debt to Total Equity 0.61
EBITDA Margin 28.21
Particulars MAR 2021 (Values in Cr)
Book Value / Share 127.73
ROE % 4.84
ROCE % 4.77
Total Debt to Total Equity 0.63
EBITDA Margin 22.12
Particulars MAR 2020 (Values in Cr)
Book Value / Share 114.98
ROE % 8.81
ROCE % 8.52
Total Debt to Total Equity 0.60
EBITDA Margin 23.72
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 1689.92
Total Assets 19349.11
Total Liabilities 19349.11
Total Equity 7165.30
Share Outstanding 465588632
Price to Book Ratio 6.14
Return on Assets (%) 4.91
Return on Capital (%) 6.48
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 1039.51
Total Assets 18384.18
Total Liabilities 18384.18
Total Equity 6741.59
Share Outstanding 465588632
Price to Book Ratio 4.66
Return on Assets (%) 2.87
Return on Capital (%) 3.89
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 603.01
Total Assets 15608.93
Total Liabilities 15608.93
Total Equity 6626.75
Share Outstanding 465588632
Price to Book Ratio 4.60
Return on Assets (%) 6.93
Return on Capital (%) 8.81
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 472.86
Total Assets 13177.83
Total Liabilities 13177.83
Total Equity 5446.81
Share Outstanding 465588632
Price to Book Ratio 4.67
Return on Assets (%) -0.95
Return on Capital (%) -1.21
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 575.11
Total Assets 11562.83
Total Liabilities 11562.83
Total Equity 5251.72
Share Outstanding 465588632
Price to Book Ratio 2.04
Return on Assets (%) 3.02
Return on Capital (%) 3.83
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 1053.91
Total Assets 15187.64
Total Liabilities 15187.64
Total Equity 8568.78
Share Outstanding 465588632
Price to Book Ratio 6.14
Return on Assets (%) 9.38
Return on Capital (%) 10.97
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 402.37
Total Assets 14194.10
Total Liabilities 14194.10
Total Equity 7699.99
Share Outstanding 465588632
Price to Book Ratio 4.66
Return on Assets (%) 7.36
Return on Capital (%) 8.61
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 382.84
Total Assets 12840.85
Total Liabilities 12840.85
Total Equity 7109.77
Share Outstanding 465588632
Price to Book Ratio 4.60
Return on Assets (%) 8.39
Return on Capital (%) 9.79
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 280.13
Total Assets 11114.54
Total Liabilities 11114.54
Total Equity 5948.62
Share Outstanding 465588632
Price to Book Ratio 4.67
Return on Assets (%) 2.80
Return on Capital (%) 3.26
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 444.20
Total Assets 9717.43
Total Liabilities 9717.43
Total Equity 5355.06
Share Outstanding 465588632
Price to Book Ratio 2.04
Return on Assets (%) 4.87
Return on Capital (%) 5.69
Particulars MAR 2024 (Values in Cr)
Net Income 1433.67
Cash from Operations 2182.91
Cash from Investing -666.74
Cash from Financing -202.68
Net change in Cash 794.95
Free Cash Flow 3706.93
Particulars MAR 2023 (Values in Cr)
Net Income 860.38
Cash from Operations 1711.69
Cash from Investing -1671.33
Cash from Financing 280.26
Net change in Cash -96.59
Free Cash Flow 2707.88
Particulars MAR 2022 (Values in Cr)
Net Income 1413.53
Cash from Operations 858.38
Cash from Investing -690.05
Cash from Financing 310.16
Net change in Cash 125.96
Free Cash Flow 1926.71
Particulars MAR 2021 (Values in Cr)
Net Income 4.52
Cash from Operations 1113.42
Cash from Investing -1511.05
Cash from Financing 578.29
Net change in Cash 87.25
Free Cash Flow 2027.68
Particulars MAR 2020 (Values in Cr)
Net Income 504.61
Cash from Operations 1755.03
Cash from Investing -1132.23
Cash from Financing -381.42
Net change in Cash 8.28
Free Cash Flow 2716.79
Particulars MAR 2024 (Values in Cr)
Net Income 1895.23
Cash from Operations 2535.15
Cash from Investing -808.77
Cash from Financing -640.50
Net change in Cash 642.28
Free Cash Flow 3063.04
Particulars MAR 2023 (Values in Cr)
Net Income 1382.74
Cash from Operations 1183.71
Cash from Investing -600.78
Cash from Financing -172.28
Net change in Cash 15.18
Free Cash Flow 1484.34
Particulars MAR 2022 (Values in Cr)
Net Income 1395.94
Cash from Operations 620.07
Cash from Investing -248.67
Cash from Financing 74.73
Net change in Cash 101.50
Free Cash Flow 998.43
Particulars MAR 2021 (Values in Cr)
Net Income 414.90
Cash from Operations 892.64
Cash from Investing -1129.94
Cash from Financing 368.49
Net change in Cash 52.27
Free Cash Flow 1226.55
Particulars MAR 2020 (Values in Cr)
Net Income 592.59
Cash from Operations 1595.91
Cash from Investing -729.33
Cash from Financing -619.74
Net change in Cash 27.58
Free Cash Flow 2112.33
Company Name Price P/E P/B Market Cap 52 Week Low/High
DCM LTD 99.80 6.77 8.67 186.40 66.05 / 141.63
ELECTROSTEEL CASTINGS LTD 96.69 7.78 1.09 5977.23 80.01 / 236.65
KENNAMETAL INDIA LTD. 2075.10 38.95 7.05 4560.70 1947.00 / 3890.00
INVESTMENT & PRECISION CASTING 787.90 81.06 4.42 393.95 503.00 / 1049.00
Company Name Price P/E P/B Market Cap 52 Week Low/High
DCM LTD 99.80 61.60 52.54 186.40 66.05 / 141.63
ELECTROSTEEL CASTINGS LTD 96.69 8.08 1.12 5977.23 80.01 / 236.65
LAKSHMI PRE SCRE LTD 4.89 0.00 0.22 5.35 3.87 / 6.79
TAYO ROLLS LTD. 89.40 0.00 -0.18 91.72 83.00 / 110.45

BHARAT FORGE LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
1104.20 -2.62 redarrow
red-green-graph indicator
8 Bearish
8 Bullish
  • 5 Days 1110.20
  • 26 Days 1094.30
  • 10 Days 1100.20
  • 50 Days 1110.90
  • 12 Days 1097.60
  • 100 Days 1170.80
  • 20 Days 1093.80
  • 200 Days 1242.60
1135.70 PIVOT

First Support

1115.40

First Resistance

1154.30

Second Support

1096.80

Second Resistance

1174.60

Third Support

1076.50

Third Resistance

1193.20

RSI

51.44

ADX

12.47

MACD

3.39

Williams % R

-24.07

Commodity Channel Index (CCI)

43.53

Date

2025-04-30

Week

761775.00

Same Day

772409.00

Month

867639.00

1 Year

1.41

3 Year

1.23

Over 1 Month

-3.86%

down

Over 1 Year

-13.13%

down

Over 3 Months

-6.74%

down

Over 3 Years

17.62%

down

Over 6 Months

-22.26%

down

Over 5 Years

28.99%

down

Invest with Confidence

Left Arrow
MTF boost
Buy Now. Pay Later

Boost your capital upto 5 X

img
IPO boost
Invest in IPOs
They give good returns
img
Right Arrow

BHARAT FORGE LTD shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
9.5%
Promoter Holdings
44.07%
FII
16.07%
DII
30.35%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Kalyani Investment Company Limited 6.331219E7 (13.24%) Shareholding of Promoter and Promoter Group
Sundaram Trading And Investment Pvt Ltd 5.5252924E7 (11.56%) Shareholding of Promoter and Promoter Group
Ksl Holdings Private Limited 4.628574E7 (9.68%) Shareholding of Promoter and Promoter Group
Life Insurance Corporation Of India 1.9312574E7 (4.04%) Public Shareholding
Kotak Flexicap Fund 1.9115455E7 (4.0%) Public Shareholding
Bf Investment Limited 1.5614676E7 (3.27%) Shareholding of Promoter and Promoter Group
Ajinkya Investment And Trading Company 1.498185E7 (3.13%) Shareholding of Promoter and Promoter Group
Nippon Life India Trustee Ltd-a/c Nippon India Growth Fund 1.1918635E7 (2.49%) Public Shareholding
Sbi Large & Midcap Fund 1.0784615E7 (2.26%) Public Shareholding
Hdfc Mutual Fund - Hdfc Mid-cap Opportunities Fund 1.0509004E7 (2.2%) Public Shareholding
Government Of Singapore 9678988.0 (2.02%) Public Shareholding
Amansa Holdings Private Limited 9209400.0 (1.93%) Public Shareholding
Icici Prudential Large & Mid Cap Fund 9120335.0 (1.91%) Public Shareholding
Dsp Midcap Fund 8199441.0 (1.72%) Public Shareholding
Mirae Asset Large & Midcap Fund 8008679.0 (1.68%) Public Shareholding
Sbi Life Insurance Co. Ltd 6789596.0 (1.42%) Public Shareholding
Nps Trust - Hdfc Pension Fund Management Limited Scheme E -tier 1 6063786.0 (1.27%) Public Shareholding
Hdfc Life Insurance Company Limited 5108282.0 (1.07%) Public Shareholding
Aditya Birla Sun Life Trustee Private Limited A/c Aditya Birla Sun Life Flexi Cap Fund 5028273.0 (1.05%) Public Shareholding
Jannhavi Investment Pvt. Ltd. 4686640.0 (0.98%) Shareholding of Promoter and Promoter Group
Yusmarg Investment And Trading Pvt.ltd. 1847000.0 (0.39%) Shareholding of Promoter and Promoter Group
Rajgad Trading Company Pvt.ltd. 1360260.0 (0.28%) Shareholding of Promoter and Promoter Group
Dandakaranya Investment & Trading Pvt Ltd 1107350.0 (0.23%) Shareholding of Promoter and Promoter Group
Kalyani Export & Investment Pvt. Ltd 1003240.0 (0.21%) Shareholding of Promoter and Promoter Group
Kalyani Consultants Private Limited 936472.0 (0.2%) Shareholding of Promoter and Promoter Group
Tangmarg Investment And Trading Pvt.ltd. 904200.0 (0.19%) Shareholding of Promoter and Promoter Group
Campanula Investment & Finance Limited 739980.0 (0.15%) Shareholding of Promoter and Promoter Group
Amit Babasaheb Kalyani 700350.0 (0.15%) Shareholding of Promoter and Promoter Group
Gaurishankar Neelkanth Kalyani 690440.0 (0.14%) Shareholding of Promoter and Promoter Group
Cornflower Investment & Finance Limited 533900.0 (0.11%) Shareholding of Promoter and Promoter Group
Hastinapur Investment & Trading Pvt Ltd 178800.0 (0.04%) Shareholding of Promoter and Promoter Group
Aboli Investment Pvt Ltd. 127872.0 (0.03%) Shareholding of Promoter and Promoter Group
Dronacharya Investment And Trading Limited 152980.0 (0.03%) Shareholding of Promoter and Promoter Group
Babasaheb Neelkanth Kalyani 78150.0 (0.02%) Shareholding of Promoter and Promoter Group
Rohini Gaurishankar Kalyani 80870.0 (0.02%) Shareholding of Promoter and Promoter Group
Wathar Investment & Trading Co. Pvt. Ltd 61320.0 (0.01%) Shareholding of Promoter and Promoter Group
L And T Officers And Supervisors Gratuity Fund And Larsen And Tourbo Gratuity Fund 19640.0 (0.0%) Public Shareholding
Babasaheb Kalyani Family Trust 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Rohini Gaurishankar Kalyani (trustee Of Sheetal Kalyani Trust) 10000.0 (0.0%) Shareholding of Promoter and Promoter Group
Rohini Gaurishankar Kalyani (trustee Of Gnk Family Trust) 10590.0 (0.0%) Shareholding of Promoter and Promoter Group
Deeksha Amit Kalyani 50.0 (0.0%) Shareholding of Promoter and Promoter Group
Viraj Gaurishankar Kalyani 22800.0 (0.0%) Shareholding of Promoter and Promoter Group
Sheetal Gaurishankar Kalyani 22980.0 (0.0%) Shareholding of Promoter and Promoter Group

News

Left Arrow
Right Arrow

BHARAT FORGE LTD corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
23 Feb 2024 2.5 Interim 23 Feb 2024 Equity shares
07 Jul 2023 5.5 Final 07 Jul 2023 Equity shares
24 Nov 2022 1.5 Interim 25 Nov 2022 Equity shares
14 Jul 2022 5.5 Final 15 Jul 2022 Equity shares
25 Nov 2021 1.5 Interim 26 Nov 2021 Equity shares
15 Jul 2021 2.0 Final 16 Jul 2021 Equity shares
03 Mar 2020 2.0 Interim 2 04 Mar 2020 Equity shares
20 Nov 2019 1.5 Interim 21 Nov 2019 Equity shares
01 Aug 2019 2.5 Final 03 Aug 2019 Equity shares
15 Nov 2018 2.5 Interim 16 Nov 2018 Equity shares
27 Jul 2018 2.5 Final 31 Jul 2018 Equity shares
16 Nov 2017 2.0 Interim 18 Nov 2017 Equity shares
28 Jul 2017 5.0 Final 01 Aug 2017 Equity shares
16 Feb 2017 2.5 Interim 18 Feb 2017 Equity shares
25 Jul 2016 0.5 Final 27 Jul 2016 Equity shares
18 Mar 2016 4.0 Interim 2 21 Mar 2016 Equity shares
17 Feb 2016 3.0 Interim 19 Feb 2016 Equity shares
20 Jul 2015 4.5 Final 22 Jul 2015 Equity shares
11 Feb 2015 3.0 Interim 12 Feb 2015 Equity shares
21 Aug 2014 2.5 Final 23 Aug 2014 Equity shares
13 Feb 2014 2.0 Interim 14 Feb 2014 Equity shares
01 Aug 2013 2.4 Final 03 Aug 2013 Equity shares
07 Mar 2013 1.0 Interim 08 Mar 2013 Equity shares
19 Jul 2012 2.5 Final 21 Jul 2012 Equity shares
07 Mar 2012 1.5 Interim 09 Mar 2012 Equity shares
04 Aug 2011 3.5 Final 06 Aug 2011 Equity shares
15 Jul 2010 1.0 Final 17 Jul 2010 Equity shares
16 Jul 2009 1.0 Final 18 Jul 2009 Equity shares
31 Jul 2008 3.5 Final 02 Aug 2008 Equity shares
19 Jul 2007 3.5 Final 21 Jul 2007 Equity shares
20 Jul 2005 0.0 Final 27 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
30 Sep 2017 28 Sep 2017 1:1
Ex-Date Old FV NEW FV Record Date
20 Jul 2005 10.0 2.0 27 Jul 2005
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
05 Jul 2024 6.5 Final 05 Jul 2024 Equity shares
23 Feb 2024 2.5 Interim 23 Feb 2024 Equity shares
07 Jul 2023 5.5 Final 07 Jul 2023 Equity shares
24 Nov 2022 1.5 Interim 25 Nov 2022 Equity shares
14 Jul 2022 5.5 Final 15 Jul 2022 Equity shares
25 Nov 2021 1.5 Interim 26 Nov 2021 Equity shares
15 Jul 2021 2.0 Final 16 Jul 2021 Equity shares
03 Mar 2020 2.0 Interim 2 04 Mar 2020 Equity shares
20 Nov 2019 1.5 Interim 21 Nov 2019 Equity shares
01 Aug 2019 2.5 Final 03 Aug 2019 Equity shares
15 Nov 2018 2.5 Interim 16 Nov 2018 Equity shares
27 Jul 2018 2.5 Final 31 Jul 2018 Equity shares
16 Nov 2017 2.0 Interim 18 Nov 2017 Equity shares
28 Jul 2017 5.0 Final 01 Aug 2017 Equity shares
16 Feb 2017 2.5 Interim 18 Feb 2017 Equity shares
25 Jul 2016 0.5 Final 27 Jul 2016 Equity shares
18 Mar 2016 4.0 Interim 2 21 Mar 2016 Equity shares
17 Feb 2016 3.0 Interim 19 Feb 2016 Equity shares
20 Jul 2015 4.5 Final 22 Jul 2015 Equity shares
11 Feb 2015 3.0 Interim 12 Feb 2015 Equity shares
21 Aug 2014 2.5 Final 23 Aug 2014 Equity shares
13 Feb 2014 2.0 Interim 14 Feb 2014 Equity shares
01 Aug 2013 2.4 Final 03 Aug 2013 Equity shares
07 Mar 2013 1.0 Interim 08 Mar 2013 Equity shares
19 Jul 2012 2.5 Final 21 Jul 2012 Equity shares
07 Mar 2012 1.5 Interim 09 Mar 2012 Equity shares
04 Aug 2011 3.5 Final 06 Aug 2011 Equity shares
15 Jul 2010 1.0 Final 17 Jul 2010 Equity shares
16 Jul 2009 1.0 Final 18 Jul 2009 Equity shares
31 Jul 2008 3.5 Final 02 Aug 2008 Equity shares
19 Jul 2007 3.5 Final 21 Jul 2007 Equity shares
20 Jul 2005 0.0 Final 27 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
30 Sep 2017 28 Sep 2017 1:1
Ex-Date Old FV NEW FV Record Date
20 Jul 2005 10.0 2.0 27 Jul 2005

Bharat Forge Share Result Highlights

ParticularsSep 2024 (₹ Cr)Jun 2024 (₹ Cr)Mar 2024 (₹ Cr)
Revenue₹2246.67 Cr₹2338.10 Cr₹2328.59 Cr
Operating Expense₹1793.09 Cr₹1866.24 Cr₹1840.72 Cr
Net Profit₹361.16 Cr₹269.42 Cr₹389.66 Cr
Net Profit Margin (%)16.07%11.52%16.73%
Earnings Per Share (EPS)₹7.75₹5.79₹8.37
EBITDA₹673.76 Cr₹550.39 Cr₹684.01 Cr
Effective Tax Rate (%)28.04%27.33%24.00%

Key Highlights

  • Revenue steady at over ₹2,200 crore across quarters
  • Net Profit rose to ₹361.16 crore in Sep 2024
  • Net Profit Margin improved to 16.07% in Sep 2024
  • EPS reached ₹7.75 in Sep 2024
  • EBITDA stands strong at ₹673.76 crore for Sep 2024
  • Effective Tax Rate slightly increased to 28.04% in Sep 2024

Bharat Forge Share Annual Reports

ParticularsMar 2024 (₹ Cr)
Revenue₹8968.63 Cr
Operating Expense₹7220.30 Cr
Net Profit₹1424.96 Cr
Net Profit Margin (%)15.88%
Earnings Per Share (EPS)₹30.60
EBITDA₹2624.68 Cr
Effective Tax Rate (%)24.81%

Key Highlights

  • Revenue of ₹8968.63 crore for FY 2023-24
  • Net Profit increased to ₹1424.96 crore
  • Net Profit Margin stable at 15.88%
  • EPS stood at ₹30.60
  • EBITDA is impressive at ₹2624.68 crore

Bharat Forge Share Dividend

Ex-DateDividend Amount (₹)Dividend TypeRecord Date
23 Feb 2024₹2.50Interim23 Feb 2024
07 Jul 2023₹5.50Final07 Jul 2023
24 Nov 2022₹1.50Interim25 Nov 2022
14 Jul 2022₹5.50Final15 Jul 2022

Key Highlights

  • Latest dividend ₹2.50 per share announced for FY 2023-24
  • Final dividend of ₹5.50 declared for FY 2022-23
  • Consistent dividend payouts to shareholders

Bharat Forge share price has benefitted from these regular dividend declarations, offering additional value to investors.

Popular FAQs

1. Who is the CEO of Bharat Forge Ltd?

Bharat Forge Ltd does not have a CEO position. The company is led by Baba Kalyani, who serves as the Chairman and Managing Director. He has been instrumental in shaping the company’s success and global presence. His leadership is supported by Amit B. Kalyani, the Vice-Chairman and Joint Managing Director, along with other members of the executive team.

 

2. When was Bharat Forge Ltd established?

Bharat Forge Ltd was established on June 19, 1961, in Mumbai, India, by Nilkanthrao A. Kalyani. The company initially focused on manufacturing high-quality forged and machined components and over the years, it has expanded its operations to various industries, including automotive, aerospace, railways, and oil & gas. The company’s headquarters are located in Pune, Maharashtra.

 

3. What factors influence the Bharat Forge Share Price?

Several factors influence the Bharat Forge share price, including its profit growth (65.90% over the past three years), revenue growth (34.92% in the last three years), and operating margins (23.93% average over five years). Additionally, the company's cash conversion cycle of 70.30 days, cash flow management, and healthy dividend payout of 34.7% also play a role. While Bharat Forge share price is impacted by these factors, market conditions, investor sentiment, and overall economic trends also contribute to price fluctuations.

 

4. Is Bharat Forge Ltd debt-free?

No, Bharat Forge Ltd is not debt-free. However, the company has managed its debt effectively by using free cash flows to lower its debt levels and reduce finance costs. As of March 31, 2021, Bharat Forge's net debt/equity ratio stood at 0.16, which indicates a low debt burden relative to equity. The company’s prudent financial management ensures it maintains a balanced capital structure.

 

5. What is the CAGR of Bharat Forge Share?

Over the past three years, Bharat Forge has shown a CAGR (Compound Annual Growth Rate) of 65.90% in terms of profit growth. This reflects the company’s robust financial performance and its ability to generate sustainable profits despite market challenges. This strong growth trajectory has helped boost the Bharat Forge share price over time.

 

6. How has the Bharat Forge Share Price performed over the past year?

As of December 2, 2024, Bharat Forge share price has increased by 19.52% over the past year. The stock has shown solid growth, driven by strong financial performance and positive investor sentiment. Over the past year, the share price has fluctuated within a range of ₹1063.00 to ₹1804.50, highlighting its volatility and potential for growth. Despite some fluctuations, the company’s strong fundamentals have supported the upward trend in the Bharat Forge share price.

BHARAT FORGE LTD Share Price

Bharat Forge Limited (BFL), the Pune based Indian multinational, is a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Railways, Power, Defence, Construction & Mining, Aerospace, Marine and Oil & Gas. The company is a part of Kalyani Group and has evolved into a diversified, global conglomerate, engineering critical solutions for automotive and industrial OEMs. Presently, it is engaged in the manufacturing and selling of forged and machined components including aluminium castings for the auto and industrial sectors. It operate manufacturing facilities at Mundhwa, Baramati, Chakan, Satara and Nellore locations. Their multi-sectoral engineering expertise, full service supply capabilities, and innovative solutions drove the
transformation from a single-product, single-location enterprise into a diversified, multi-product company serving diverse sectors.

Bharat Forge Limited was incorporated in the year 1961. In the year 1996, the company commenced commercial production. In the year 1995, the company commenced exports to erstwhile USSR by winning a large contract for under carriage components. In the year 1990, they made investment in state-of-art forging technology. Also, they commissioned 16000 MT press line. In the year 1991, the company commenced supply of engine & chassis components to Japan, USA and UK.

In the year 2001, the company commissioned their second 16000 MT press line. Also, they acquired the order book of Dand Kirkstall. In the year 2002, they made investment of $ 80 million in Research & Development, Testing & Validation and state-of-the-art Heavy Duty Truck Crankshaft Machining facilities. In November 21, 2003, the company acquired Carl Dan Peddinghus GmbH & Co. KG (CDP) of Germany and with this acquisition, the company emerged as world's second largest forging company. Also, they acquired Imatra Kilsta AB, Sweden & Scottish Stampings, Scotland.

In the year 2005, the company signed a joint venture contract with FAW Corporation for their forging business. In September 21, 2005, the company through their wholly owned subsidiary, Bharat Forge Beteiligungs GmbH, Germany, acquired Imatra Kilsta AB, Sweden along with its wholly owned subsidiary, Scottish Stampings Ltd, Scotland (together called Imatra Forging Group), which are now renamed as Bharat Forge Kilsta AB (BF Kilsta) and Bharat Forge Scottish Stampings Ltd, respectively. Also, they acquired Federal Forge now known as Bharat Forge America Inc., which provided the company with a manufacturing presence in USA, one of their largest markets.

In the year 2006, the company made investment of $ 100 million to set-up dedicated state-of-the-art forging & machining facilities for non-auto components. In the year 2008, they signed an MoU with NTPC. In August 2008, they commissioned India's Largest Commercial Open Forging Press. Also, the company in association with Alstom formed a joint venture in Indian to manufacture state-of-the-art super critical power plant equipment. In March 2009, the company started operations in the new state-of-the-art 80 Mtr-T counterblow hammer in Baramati for production of heavy forgings for large diesel engines and aerospace applications as well as Machining line for heavy duty.

During the year 2009-10, the company incorporated a joint venture (JV) company, BF-NTPC Energy Systems Ltd (BFNESL), with a 51% equity interest held by the company and balance held by NTPC Limited for the manufacture of critical items of Balance of Plants and other equipment for which India still remains dependent on imports. Also, the company set up two joint venture companies in partnership with ALSTOM Power Holdings S.A. for manufacturing sub-critical and supercritical thermal power plant equipment. The two JV companies named ALSTOM Bharat Forge Power Ltd and Kalyani ALSTOM Power Ltd will manufacture turbine and generators for power plants in the 300- 800 MW range and auxiliaries like heat exchangers, condensers and deaeraters, respectively.

During the year, the company entered into Preliminary Joint Venture and Shareholders' Agreement with AREVA NP, France, to create a manufacturing facility for heavy forgings and castings for the power sector particularly Nuclear Power segment and other heavy industries in India. In January 2010, the first phase of the capacity creation plan for the non-auto components business was completed with the commissioning of the ring rolling facility at Baramati. Also, they established Kalyani Centre for Technology & Innovation.

During the year 2010-11, the company commissioned new vertical heat treatment facility for manufacture of Turbine and Generator Rotors alongwith thermo stability test facility. Also, Ring Rolling Mill in BARAMATI became fully operational and became a supplier of critical rings for different customers specially for Gear Box manufacturers. Also, they company made an additional investment of Rs 150 crore in expanding machining line further for crankshaft machining in Baramati.

In 2012, the companie's power equipment joint-venture with Alstom bags Rs. 1,570 crore order from NTPC Ltd.

In 2013, NTPC orders three supercritical turbine islands from Alstom-Bharat. Bharat Forge, Alstom Power JV bags Rs 2,251 cr order from NTPC.

In 2014, there was a amalgamation of Joint Venture Companies -'Safran and Bharat Forge to form partnership to address opportunities in Indian civil and military aerospace'. The Kalyani Group Sign a Strategic Partnership for the Air Defence of India

In 2015, High Tech Rail Component Manufacturing Facility at Bharat Forge Centre for Advanced Manufacturing, Baramati was inaugurated. Also during the year, production began at Alstom-Bharat Forge's new turbine and generator manufacturing facility in India. The company awarded Recognition Prize - Energy Efficiency Award 2015. Also during the year, the company announced the acquisition of Oil & Gas Machining Company, Mecanique Generale Langroise (MGL) in France. During the year, Bharat Forge formalized a significant supply agreement for long term co-operation with Rolls-Royce. On 17 February 2016, Boeing and Bharat Forge (BFL) announced the first shipment of titanium flap-track forgings made by the Indian supplier for Boeing's Next-Generation 737. Bharat Forge will also supply forgings for the 737 MAX, scheduled to enter into service in 2017. The companies continue to address opportunities to expand BFL work in support of Boeing and its supply chain partners around the world. BFL also intends to expand its capabilities to offer higher value machining and manufacture of assemblies.

On 29 March 2016, Bharat Forge announced that the company has teamed up with US based AM General LLC to bid for India's Light Specialist Vehicle (LSV) program using AM General's battle-tested HMMWV as the LSV's base platform - with final build and production to take place in India. The teaming between the two companies will lead to providing cost effective and best-in-class mobility solutions for Indian Armed Forces.

On 26 April 2016, Bharat Forge announced that Boeing has awarded a contract to the company for titanium forgings for the Boeing 777X. The titanium forgings will be developed and manufactured by Bharat Forge using a closed die forging process.

On 7 June 2016, Bharat Forge announced that its joint venture with GE viz. Alstom Bharat Forge Power Private Ltd. (ABFPPL) has won a contract worth $219 million approximately from NTPC. ABFPPL will supply two units of 800 MW ultra-supercritical Steam Turbine Generator Islands, on EPC basis, along with related civil work for the Telangana Super Thermal Power Project Phase-1.

On 8 November 2016, Bharat Forge announced that its Board of Directors has approved divestment of its 49% stake in the power equipment JV with Alstom, Alstom Bharat Forge Power Private Limited (ABFPL) for US$ 35 million. The JV incorporated in Delhi with its manufacturing facility at Sanand was formed in 2009 to address opportunities arising from the expansion in the Indian power sector.

On 18 November 2016, the Finance & Risk Management Committee constituted by the Board of Directors of Bharat Forge Limited (BFL) approved the proposed acquisition of 100% shareholding of Walker Forge Tennessee LLC (WFT) through the company's US subsidiary, Bharat Forge America. WFT is a leading supplier of complex, steel and high-alloy steel, engine & chassis components to a diverse group of customers across Automotive & Industrial sectors. The transaction value is US$ 14 million which will be funded through internal accruals & debt. This proposed acquisition is focused on establishing BFL's manufacturing footprint in North America and on increasing BFL's product offering into the Passenger Car and Commercial Vehicle segments as well into industrial sectors such as Construction & Mining and allied industries. This will also enable BFL to expand its presence in North America.

Kalyani Rafael Advanced Systems (KRAS), a Joint Venture between Kalyani Strategic Systems Ltd., a subsidiary of Bharat Forge, and Rafael Advanced Defense Systems Ltd. of Israel, inaugurated their state-of-the-art facility at Hyderabad on 3 August 2017. KRAS would be India's first private sector advanced defence sub-systems manufacturing entity. Spread across an area of 24,000 sq.ft., the facility will enable production of high-end technology systems for Indian Armed Forces. It will be engaged in development of a wide range of advanced capabilities like Command Control and Guidance, Electro-Optics, Remote Weapon Systems, Precision Guided Munitions and System Engineering for System Integration. The facility will also target to export products to other countries.

The Board of Directors of Bharat Forge (BFL) at its meeting held on 10 August 2017 approved acquisition of the entire remaining 40% stake in its subsidiary company - Analogic Controls India Limited (ACIL). Upon acquisition, ACIL will become a wholly owned subsidiary of the company. ACIL is engaged in the design and development of reliable onboard/ground systems, safety arming mechanism, launcher relay unit, reliable electronic systems and sub-systems for mission critical applications. ACIL offers products and services for mission technologies of national importance in Defence, Aerospace, Communications and Industrial Electronics. ACIL clocked turnover of Rs 7.34 crore in FY 2016-17. BFL, the erstwhile promoters of ACIL and ACIL had entered into a Share Subscription Agreement and Shareholders' Agreements on 23 April 2013 and 18 June 2013 respectively, for acquiring 60% stake in ACIL by BFL.

The Board of Bharat Forge at its meeting held on 10 August 2017 also recommended issue of bonus shares to the holders of equity shares of the company in the ratio of 1:1. Further On October 3, 2017, the Company had issued bonus shares, in the proportion of 1:1 i.e. 1 (one) bonus equity share of Rs 2/- each for every 1 (one) fully paid-up equity share. Accordingly the Company has allotted 232,794,316 Equity shares of Rs 2/- each fully paid-up, to the shareholders of the Company.

On 10 August 2017, Bharat Forge announced that it has secured its maiden order from the Ministry of Defence to supply 1,050 Dual Technology Detection Equipment. The order worth Rs 201.60 crore, will be manufactured in India and is to be concluded within two years.

On 17 January 2018, Bharat Forge announced that it has opened a Research & Development facility in UK, in MIRA Technology Park, the UK's leading automotive technology park and Enterprise Zone, where it will be developing components & sub-systems focused on Electric Vehicles. This facility will complement the capabilities & knowledge established over the past 2 years in Kalyani Centre for Technology & Innovation (KCTI) & Kalyani Centre for Manufacturing Innovation (KCMI) in Pune focused on delivering solutions for Electric Vehicles. On 8 February 2018, Bharat Forge announced strategic investment of upto Rs 30 crore for eventual stake of 45% in an EV startup, Tork Motorcycles. Bharat Forge is making a strategic investment in Tork Motorcycles as a part of its overall E-Mobility powertrain development. Tork's strength lies in its in-house team that has designed, developed and built the complete electric motorcycle. Their knowledge in the overall EV powertrain development will help Bharat Forge gain access to technologies in personal E-mobility space. Accordingly, the Company has acquired first tranche of 30.37%. TORK Motors is an electric drive train company mainly focused on electrical two wheeler and/or premium electric motor cycle.

During the FY2018,the Company has purchased remaining 40% shares of Analogic Control India Limited (ACIL), from its erstwhile promoters. With this acquisition, ACIL became a WhollyOwned Subsidiary of the Company.

Further, during the year the Company has completed the sale of remaining balance equity of 26% in the power equipment Joint Venture, Alstom Bharat Forge Power Private Limited (ABFPPL). With this divestment, the Company has completed its total divestment in ABFPPL.

During the year 2017-18,the Company also incorporated a wholly owned subsidiary in Israel viz. Indigeneous IL Limited with an objective of exploring targets in technology, space and also explore tie-ups with universities/tehnology institutions in further upgrading research and development initiatives in various new technologies.

As on 31 March 2018,the company had 20 subsidiaries and one associate company under its roof.

During the FY2019, the company has generated strong cash flows of Rs 1,225 Million despite committing a Capex of Rs 8,500 Million during the year.

In FY'19, the Company installed the first CLWT machine, a 4200 T die-casting machine which is the biggest in India and the 5th largest in
the world. Besides this, it acquired customers even before completing the plant construction of the CLWT plant.

During the FY2020,the Company promoted and incorporated a wholly-owned subsidiary company in the name of Kalyani Centre for Precision Technology Limited (KCPTL), to carry out manufacturing activities of auto parts.

As on March 31, 2020, the Company has 25 subsidiaries (including step down subsidiaries) and 4 Associate Companies.

Capex incurred in the year 2019-20 amounting to Rs 5,164 Million towards forging and machining capacity in Maharashtra.

In FY'20, the Company executed the commissioning of CLWT plant. It started localizing electric powertrain for intermediate and Light Commercial Vehicle (ILCV) and 9M Bus segment in India.

On July 10, 2020 Bharat Forge Hong Kong (BFHK) Limited, a step down subsidiary of the Group was deregistered and dissolved. The closure of BFHK did not have any material impact on the operations/results of the Group.

On March 16, 2021, the Company invested Rs 0.01 million to acquire 100% stake ln equity of Kalyani Powertrain Private Limited to undertake various initiative for e-mobility business.

On May 06, 2021, the Company invested Rs 0.10 million to acquire 100% stake in equity of BF Industrial Solutions Private Limited (formerly known as Nouveau Power & Infrastructure Private limited) as a special purpose vehicle (SPV) for implementation of approved resolution plan of National Company Law Tribunal (the NCLT) for acquisition of Sanghvi Forging & Engineering limited, Baroda in terms of Insolvency and Bankruptcy code, 2016.

During FY'21, the Company received prestigious order from a major global OEM for forging and pre-machined components. It completed trials for three - Kalyani M4 vehicle, Kalyani Maverick and Mine Protected Vehicle (MPV). Further trials for JV Protective Carbine (JVPC) and FSAPDS were also completed. It was awarded a contract to supply the Kalyani M4 vehicle.

In FY 2022, the Company's subsidiary, Kalyani Powertrain Limited (KPTL) received maiden order for supply of products such as High Voltage High Power DC-DC Convertors, Motor Controllers for 2W applications from an Indian OEM. Its subsidiary company, Tork Motors launched its flagship product line of Electric Motorbike, KRATOS and KRATOS-R which received 2000 orders for these bikes .

In FY'22, the Company in collaboration with NASA JPL developed ventilators (FDA approved for emergency use authorization), in and around Pune, which was in great demand during the pandemic. It acquired erstwhile Sanghvi Forging & Engineering Limited (SFEL) for Rs. 900 million. It completed the capex and commercial production at its aluminum forging facility in North Carolina, US. With this, the Company now has two operational aluminum forgings plants; one in the US and the other in Germany. Its Advanced Towed Artillery Gun System (ATAGS), designed by DRDO, has completed its fifth and final firing trials. Apart from this, the Company signed the SPA to acquire Coimbatore-based JS Auto Cast Foundry India. It bagged new business worth Rs. 10,000 Million in FY 2022, bulk of order wins coming from PV & Industrial sectors.

In FY'22, the Company productionalized and shipped the Kalyani M4 armored vehicle to Indian Army for UN Peacekeeping mission. Its KM4 armored vehicles became the only one in category to complete desert trials at Rann of Kutch. During the year 2022, it diversified into new areas of Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (C4ISR) by participating and winning the iDex challenge through subsidiaries and partners. It made strategic investments in Tevva Motors Limited, UK, Tork Motors Pvt Ltd, India and established global 50:50 JV, REFU Drive GmbH with Prettl Group, Germany.

During the year 2022-23, the Company subscribed to 26% of paid-up share capital of Avaada MHVidarbha Private Limited on April 19, 2022 and Avaada became an associate of the Company. Kalyani Powertrain Limited (KPL), a WOS of the Company incorporated a WOS in the name, of 'Electroforge Limited' on July 25, 2022 and accordingly, Electroforge Limited was made a step-down subsidiary of the Company.

During 2022-23, the Company acquired Coimbatore-based casting and machining company, JS Autocast Foundry India Private Limited (JSA) effective on July 01, 2022. It commenced commercial production at t its aluminum forging facility in North Carolina, US. The Company through BF Infrastructure Limited (BFIL), its WOS got into a Share Purchase Agreement in Feb' 23 with PNC Infratech Limited and Ferrovia Transrail Solutions Private Limited for purchase of 51% shareholding in Ferrovia. The BFIL's shareholding in Ferrovia increased from 49% to 100%, which resulted Ferrovia becoming a WOS of BFIL and a step-down subsidiary of the Company. The Company transferred its stake held in its WOS, Analogic Controls India Limited (ACIL) and its associate Aeron Systems Private Limited to its WOS, Kalyani Strategic Systems Limited (KSSL), and consequently, ACIL became a WOS of KSSL and a step-down subsidiary of the Company. To further consolidate the defence business, with effect from March 10, 2023, ACIL has merged into KSSL.

In 2024, the liquid metal capacity at J S Auto Cast increased to 130,000 MT per annum. The Company acquired the SEZ unit of Indo-Shell Mould, located within 3 km of the main Foundry unit at SIPCOT, Coimbatore, making its expansion into automobile castings.

Parent organization Kalyani
NSE symbol BHARATFORG
Founded 1961
stock

Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow
Right Arrow

Similar stocks

Left Arrow
Right Arrow

Frequently Asked Questions

What is the Share Price of Bharat Forge Ltd?

Answer Field

The share price of Bharat Forge Ltd for NSE is ₹ 1104.2 and for BSE is ₹ 1104.4.

What is the Market Cap of Bharat Forge Ltd?

Answer Field

The market cap of Bharat Forge Ltd for NSE is ₹ 5,14,10.30 Cr. and for BSE is ₹ 5,14,19.61 Cr. as of now.

What is the 52 Week High and Low of Bharat Forge Ltd?

Answer Field

The 52 Week High and Low of Bharat Forge Ltd for NSE is ₹ 1804.50 and ₹ 919.10 and for BSE is ₹ 1826.20 and ₹ 919.10.

How to Buy Bharat Forge Ltd share?

Answer Field

You can trade in Bharat Forge Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Bharat Forge Ltd?

Answer Field

The 1 year returns on the stock has been -13.13%.

What is the Current Share Price of Bharat Forge Ltd?

Answer Field

Bharat Forge Ltd share price is for NSE ₹ 1104.2 & for BSE ₹ 1104.4 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Bharat Forge Ltd Share?

Answer Field

The market cap of Bharat Forge Ltd for NSE ₹ 5,14,10.30 & for BSE ₹ 5,14,19.61 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Bharat Forge Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Bharat Forge Ltd share is 38.64.

What is the PB ratio of Bharat Forge Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Bharat Forge Ltd share is 219.08.

How to Buy Bharat Forge Ltd Share?

Answer Field

You can trade in Bharat Forge Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Bharat Forge Ltd Share on Bajaj Broking App?

Answer Field

To buy Bharat Forge Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Bharat Forge Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

No results found

banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|