Bharat Forge Q3 Review: Analysts Cautious On Exports, Global Demand Concerns

A decline in Bharat Forge Ltd.'s third quarter profit and revenue from operations has analysts largely cautious on the stock, as weak global demand weighed outlook.The company's net profit fell 16.38% to Rs 212.78 crore in the October-December period, from Rs 254.45 crore in the same period last year. Revenue from operations was down to Rs 3,475.55 crore from Rs 3,866.4 crore.Citi maintained a 'sell' rating on the stock, due to globa...