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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!