Defence forging company participates in contract negotiation process for Advanced Towed Artillery Gun System (ATAGS) with Ministry of Defence, Government of India
Defence forging company participates in contract negotiation process for Advanced Towed Artillery Gun System (ATAGS) with Ministry of Defence, Government of India

Defence forging company participates in contract negotiation process for Advanced Towed Artillery Gun System (ATAGS) with Ministry of Defence, Government of India

The stock is up by 28.2 per cent from its 52-week low of Rs 1,056.70 per share.

Kiran Shroff Article rating: 3.0

The stock is up by 28.2 per cent from its 52-week low of Rs 1,056.70 per share.

125 per cent multibagger: Spectacular Q2FY24 performance as revenue jumps 21 per cent!
125 per cent multibagger: Spectacular Q2FY24 performance as revenue jumps 21 per cent!

125 per cent multibagger: Spectacular Q2FY24 performance as revenue jumps 21 per cent!

In the review of export revenue by geography for the second quarter of FY24, the company reported total revenues of Rs 128.71 crore.

Vaishnavi Chauhan Article rating: 4.2

These figures provide insights into the company's export revenue performance across different geographic regions, demonstrating its global presence and growth trends in these markets.

Rs 850 crore export orders received by this forging company; scrip hit 52-week high!
Rs 850 crore export orders received by this forging company; scrip hit 52-week high!

Rs 850 crore export orders received by this forging company; scrip hit 52-week high!

The stock is up by 35 per cent in 1 year and gave multibagger returns of 105 per cent over the span of 3 years.

Kiran Shroff Article rating: 5.0

According to the financials, BFL has a market cap of over Rs 45,000 crore. The net sales increased by 36 per cent to Rs 3,877 crore, the operating profit increased by 40 per cent to Rs 595 crore and the net profit increased by 34 per cent to Rs 214 crore in Q1FY24 compared to Q1FY23.

Is the auto sector about to make a new high? Know more here!
Is the auto sector about to make a new high? Know more here!

Is the auto sector about to make a new high? Know more here!

Breached the trend of lower top-lower bottom which indicates the end of correction that started from August 2022 and signals the commencement of fresh up move.

Prasad Chavan Article rating: 4.0

Nifty auto index is considered one of the major sectoral indices on NSE. The Index is primarily used to gauge the performance in the automobile sector in India.   

Like NIFTY 50 Index, the NIFTY Auto Index is also calculated using the free float market capitalization method. The index level reflects the total free float market value of all stocks in the index relative to a particular base market capitalization value.  

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