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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.