Vijay Darda talking about Bharat Forge net profit rises by 71% in Q4

download (45)

NEW DELHI: Stocks of Bharat Forge surged nearly 5 per cent in trades on Monday after the company reported a 34.80 per cent year-on-year (YoY) rise in net profit to Rs 195.40 crore for the quarter ended June.

The company had reported a net profit of Rs 145 crore in the year-ago quarter.

Margins for the quarter expanded 240 basis points to 31.80 per cent, up from 29.40 per cent in the year-ago quarter, the company said in a filing to BSE.

The stock surged 4.63 per cent to hit its intra-day high of Rs 1,199 on the BSE, after falling as much as 1.5 per cent in the earlier trades amid cautiousn ahead of the quarterly numbers. Read More >> 

Read more About vijay darda :

Vijay Darda – Lokmat
Vijay darda –  Member of Parliament

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s