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Bharat Forge - Defense To Remain Growth Driver: Motilal Oswal

The brokerage believes the company's current valuation fully prices in the positive factors hence remains Neutral with a revised target price of Rs 1,540.

<div class="paragraphs"><p>Bharat Forge Defence and Aerospace and Aero India Show Tejas. (Photo: Vijay Sartape/ NDTV Profit)</p></div>
Bharat Forge Defence and Aerospace and Aero India Show Tejas. (Photo: Vijay Sartape/ NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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