Bharat forge share price target 2024, 2025, to 2030

There has been a continuous decline in Bharat Forge share price Target 2024. Experts have commented that although the company’s share prices have been falling, there is potential for significant growth in the coming months. Experts believe that this could be a good opportunity for long-term investors who are willing to hold onto the shares.

This blog is especially important for those investors, as we will be providing the complete details on Bharat Forge’s share price target for 2024, 2025 to 2030. According to market experts, it’s common to see a rise in the stock market after a decline. If you want to know more about Bharat Forge’s share price target for 2025, read the full blog below.

 

History:

Bharat Forge Ltd (BFL) is a multinational company based in Pune, India. It makes high-performance and safety-critical parts and solutions for industries like automotive, railways, power, defense, construction, aerospace, marine, and oil & gas. The company is part of the Kalyani Group and specializes in making forged and machined components, including aluminum castings, for the automotive and industrial sectors. They have manufacturing plants in Mundhwa, Baramati, Chakan, Satara, and Nellore.

 

Bharat Forge was founded in 1961 and started commercial production in 1996. In 1995, they began exporting products to the USSR with a major contract for undercarriage parts. By 1990, the company had invested in advanced forging technology and installed a 16,000 MT press line. In 1991, they started supplying engine and chassis components to Japan, the USA, and the UK.

 

In 2001, Bharat Forge added a second 16,000 MT press line and took over the order book of Dand Kirkstall. The next year, they invested $80 million in research, testing, and heavy-duty truck crankshaft machining. In 2003, Bharat Forge bought Carl Dan Peddinghus GmbH & Co. KG (CDP) from Germany, making them the second-largest forging company in the world. They also acquired Imatra Kilsta AB in Sweden and Scottish Stampings in Scotland.

 

Bharat forge Stock Details:

 

Opening Price:	₹1,558.00
Previous Closing Price:	₹1,591.10
Volume (number of shares traded):	1,776,020
Value of trades (in lakhs):	₹28,708
VWAP (Volume Weighted Average Price):	₹1,608.60
Beta (risk measure):	1.34
Market Capitalization:	₹75,251 crore
Highest price:	₹1,629.50
Lowest Price	₹1,587.85
Upper Limit	₹1,750.84
Lower Limit	₹1,431.90
52- week high	₹1,804.50
52-week Low	₹1,002.30
Face value	₹2

 

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Bharat forge Share Holding:

The shareholding pattern of Bharat Forge Limited is as follows:

 

• Promoters hold the largest portion of the company’s shares, with 45.25% ownership.
• Mutual funds hold 19.35% of the company’s shares.
• Foreign industries hold 17.03% of the company’s shares.
• Retail investors hold 9.58% of the shares.
• Other domestic industries hold 8.78% of the company’s shares.
•  
• Promoters: 45.25%
• Mutual Funds: 19.35%
• Foreign Industries: 17.03%
• Retail Investors: 9.58%
• Other Domestic Industries: 8.78%

 

Bharat forge Stock Performance:

 

BHARATFORG is part of the Consumer Cyclical sector and operates in the Auto Parts industry. The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) both list the company. In this post, we will look at BHARATFORG’s share price targets for 2024, 2025, 2026, and up to 2030. To predict the long-term price targets, we will use different technical analysis methods to forecast up to the year 2030.

 

For forecasting BHARATFORG’s price until 2030, we will use a machine learning approach, training the forecast on its past performance. Bharat Forge Ltd, a key player in the Indian stock market, has shown different trends over the years. Here, we will discuss its current market position, growth path, and how external market conditions may impact its price performance up to 2030.

Also Read: HDFC Bank Share Price Target

 

Bharat forge share price Historical Performance:

 

2024-09-04: Close at ₹1,605.70, Gain of ₹38.60 (2.46%)

2024-09-05: Close at ₹1,608.95, Gain of ₹3.25 (0.20%)

2024-09-06: Close at ₹1,551.20, Loss of ₹57.75 (3.59%)

2024-09-09: Close at ₹1,555.15, Gain of ₹3.95 (0.25%)

2024-09-10: Close at ₹1,570.65, Gain of ₹15.50 (1.00%)

2024-09-11: Close at ₹1,561.70, Loss of ₹8.95 (0.57%)

2024-09-12: Close at ₹1,591.00, Gain of ₹29.30 (1.88%)

 

Bharat forge share price target 2024:

Many Indian stocks, including Bharat Forge (BHARATFORG), saw a strong bull run in 2023. This positive trend is expected to continue in early 2024, though the market might see some consolidation in the first few months. According to technical data, the minimum share price target for BHARATFORG in 2024 is expected to be ₹2,054.97, while the maximum could reach ₹2,833.

 

Here are the expected price targets for 2024:

 

 

Year(2024)	Target
April	₹2,054.97
May	₹2,152.22
June	₹2,249.47
July	₹2,346.73
August	₹2,443.98
September	₹2,541.23
October	₹2,638.49
November	₹2,735.74
December	₹2,833.99

 

Also Read: Jio Finance Share Price Target

Bharat forge share price target 2025:

The share price of Bharat Forge (BHARATFORG) is expected to reach ₹2,890 by January 2025. If economic factors, both macro (broad factors like interest rates, inflation, and overall economic growth) and micro (specific company or industry conditions), along with trends in the industry remain favorable, the price could rise to ₹3,243 by December 2025.

 

Here are the expected price targets for each month in 2025:

 

Year(2025)	Target
January	₹2,890.76
February	₹2,948.12
March	₹3,007.65
April	₹2,907.43
May	₹2,810.16
June	₹2,716.54
July:	₹2,825.00
August	₹2,938.23
September	₹3,056.51
October	₹3,117.11
November	₹3,179.10
December	₹3,243.49

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Bharat forge share price target 2027:

Based on Fibonacci projections, the estimated price target for Bharat Forge Ltd (BHARATFORG) in the first half of 2027 is expected to be between ₹3,783 and ₹3,556. By the second half of 2027, the share price could reach a maximum of ₹4,245.

 

Here are the monthly target prices for 2027:

 

Year(2027)	Target
January:	₹3,783.27
February	₹3,859.77
March	₹3,936.94
April	₹3,805.33
May	₹3,678.50
June	₹3,556.16
July	₹3,698.41
August	₹3,846.64
September	₹4,000.50
October	₹4,080.59
November	₹4,162.23
December	₹4,245.40

Bharat forge share price target 2030:

Bharat Forge Ltd. has a 2030 starting price objective of ₹5670. With favorable market conditions, the mid-year target might reach ₹5329. By the end of 2030, the price could potentially rise to ₹6362, given a positive market trend.

 

Here are the monthly price targets for Bharat Forge Ltd in 2030:

 

Year(2030)	Target
January	₹5,670.42
February	₹5,783.67
March	₹5,899.01
April	₹5,703.03
May	₹5,513.91
June	₹5,329.13
July	₹5,542.34
August	₹5,764.54
September	₹5,995.89
October	₹6,115.65
November	₹6,237.14
December	₹6,362.16

 

Advantages and Disadvantages of Bharat Forge Shares:

Advantages of Bharat Forge Shares:

1. Strong Market Position: Bharat Forge is a leading player in the forging industry with a strong global presence, which can provide stability and growth potential.
2. Diverse Client Base: The company serves multiple sectors, including automotive, defense, aerospace, and more, reducing dependency on any single industry.
3. Innovation and Technology: Bharat Forge invests heavily in research and development, leading to advanced technology and product innovation.
4. Expanding Global Footprint: The company has a growing international presence, which can help mitigate risks associated with any single market.
5. Strong Financial Performance: Historically, the company has demonstrated strong financial performance, which can be attractive to investors.
6. Strategic Acquisitions: The company has made strategic acquisitions, strengthening its market position and expanding its capabilities.

Disadvantages of Bharat Forge Shares:

1. Market Volatility: The forging industry can be sensitive to economic cycles, and market downturns can impact the company’s performance.
2. High Dependency on Automotive Sector: Despite diversification, a significant portion of revenue comes from the automotive sector, which can be affected by market fluctuations.
3. Capital-Intensive Business: The forging industry requires substantial capital investment for technology and infrastructure, which can affect profitability during economic downturns.
4. Regulatory Risks: The company operates in various countries, exposing it to different regulatory environments and compliance requirements.
5. Competition: The forging industry is competitive, and Bharat Forge faces competition from both domestic and international players, which can impact market share and margins.
6. Exchange Rate Fluctuations: As a global player, the company is exposed to foreign exchange risks, which can affect profitability from international operations.

 

Conclusion:

In conclusion, Bharat Forge’s share price reflects a dynamic interplay of various factors including global economic conditions, domestic market trends, and company performance. Recent fluctuations in the share price highlight the market’s response to both internal strategic decisions and external economic pressures. As Bharat Forge continues to innovate and expand its global footprint, investors should closely monitor its financial health, industry developments, and broader economic indicators. The company’s focus on advanced manufacturing and strategic partnerships positions it well for future growth, potentially stabilizing and enhancing its share value. Nonetheless, prospective investors should conduct thorough research and consider market volatility before making investment decisions, keeping an eye on how Bharat Forge adapts to ongoing changes in the industrial landscape.

 

Disclaimer:

This article is for informational and educational purposes only. We don’t provide financial advice because we are not SEBI-authorized. Please do your research before deciding to invest in any stocks or assets. The given data in the above post can change over time. All predictions are based on the company’s current performance and available data. The author and publisher of this website are not responsible for any losses.