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

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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 >> 

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Vijay Darda – Lokmat
Vijay darda –  Member of Parliament