/ Bharat Forge Bags Order For 22900 Class 8 Truck Units Stock Surges 3% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 March 2017

Bharat Forge has bagged an order for 22900 units of class 8 truck, and this order is higher by 28% year on year. Today, the stock price is at Rs 1080 per share, up by 3.5 % or Rs 37 per share. Bharat Forge has rewarded its investors with 31.78% returns in last one year. The company has given 15.05% returns YTD; whereas BSE benchmark Sensex gave 8.28% YTD; and BSE Auto index gave 6.42% returns.

Class 8 trucks are heavy duty trucks with Gross Vehicle Weight Rating (GVWR) exceeding 33000 lb (14969 kg) under classification by Department of Transportation's Federal Highway Administration (FHWA), USA.

Bharat Forge Limited (BFL) is an Indian multinational, and a technology driven global leader in metal forming, having transcontinental presence across ten manufacturing locations, serving several sectors, including automotive, power, oil and gas, construction & mining, rail, marine and aerospace. It has manufacturing facilities spread across India, Germany, Sweden, France and North America.

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