Friday, 5 January 2018

Bharat Forge Shares Gained 2 Percent In Early Trade After Strong Class

Bharat Forge shares gained 2 percent in early trade after strong Class 8 truck orders in the US.

North America Class 8 truck orders shot up 77 percent to 37,200 units in December against 21,061 units in year-ago month.

Class 8 truck orders increased 15 percent on month-on-month basis.

GM Breweries said its gross sales in Q3 increased 24 percent to Rs 434 crore and net sales grew by 21 percent to Rs 119 crore compared with year-ago.

Net profit jumped 122 percent to Rs 22 crore while EBITDA surged 113 percent to Rs 34 crore and margin expanded margin to 29 percent from 16 percent YoY.

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