मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Will Bharat Forge rally sustain?
Mint New Delhi
|March 10, 2026
Markets get bloody nose as West Asia war hits oil supply
Bharat Forge Ltd stock hit an all-time high of ₹1,935.50 on Friday. It’s up almost 27% so far in 2026, making it the best performer in the Nifty Auto index. Ashok Leyland Ltd is a distant second, up 4%. The auto index itself is down 8% over this period.
Both stocks are a play on the commercial vehicle (CV) upcycle in India, so what explains Bharat Forge’s solid beat?
The stock’s recent rally began after the Indo-US trade deal announced on 2 February slashed US tariffs on Indian imports to 50% to 18%. It could drop further to a maximum of 5%, and that too for 150 days at most, following the US Supreme Court’s annulment of some of the Trump administration’s tariffs.
यह कहानी Mint New Delhi के March 10, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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