After disappointing numbers in the September quarter posted by Bharat Forge, Sakshi Batra does a 3 point analysis of the earnings fineprint and the outlook on the company.
Bharat Forge, a leading auto ancillary metal forging company, has posted a disappointing set of numbers for the September quarter, amid a tough operating environment for the global and domestic automobile industry. Sakshi Batra does a 3 point analysis of the earnings fineprint and the outlook on the company.
In her analysis, Batra breaks down the Q2 results as Bharat Forge posted a 25% (YoY) decline in revenue and then goes on to explain the outlook on the sector going forward with the domestic market facing challenges due to a weak macro environment. Lastly, Batra offers insight into what should investors do in light of these results.Watch the full video for more. LIVE NOW... Video series on How to Double Your Monthly Income... where Rahul Shah, Ex-Swiss Investment Banker and one of India's leading experts on wealth building, reveals his secret strategies for the first time ever. Register here to watch it for FREE.