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Saturday, January 22, 2011

Stock Review: Bharat Forge

 

 

Bharat Forge, the flagship of the $2.4 billion Kalyani group, makes the grade due to the sheer size and diversity of its operations. The company put India on the global auto component industry map. It is witnessing strong momentum in the domestic and international automotive markets with signs of recovery in the European and North American truck market. It has successfully de-risked its business by foraying into non-auto sectors like aerospace, power, energy, oil and gas, rail and marine, mining and construction equipment, among others.

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