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VERIFIEDMint Markets·neutral

Bharat Forge’s cost pressures dampen defence-driven euphoria

AI Summary
  • ·Bharat Forge revised its FY27 revenue growth guidance for its Indian manufacturing business downwards from 25% to 20-25%.
  • ·This revision suggests improving traction in the second half of FY27.
  • ·Some brokerages have reduced their earnings per share estimates for FY27 following the revision.
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