Bharat Forge's Industrial Export Growth Slow Due To Muted Global Economic Outlook
  • WebDesk BTVI
  • May 21 2019

CLSA retains Bharat Forge's rating with a target price of Rs 420, is negative on the company as key segments may see a cyclical weak phase ahead, says export growth is also expected to be muted. And, according to Nomura, FY20 may be a peak year for both domestic and export CV markets.