Tag Archives: segments

Weakness in key business segments casts a shadow of gloom on Bharat Forge’s earnings

Shares of components maker Bharat Forge Ltd have had no respite from their downhill run. The stock is down 27% from₹602 on 1 October, paling in comparison to the Nifty Midcap index, which has risen marginally since then. The stock’s descent began with news of slowdown in its key business segment, US Class 8 trucks. Latest data from Bloomberg shows that the… Read More »