Bharat Forge Ltd shares have doubled over the past one year, beating the Nifty Auto index’s 70% returns. The product portfolio of India’s largest exporter of auto components is immune to technological changes – a factor that could have aided the stock’s outperformance. Whether vehicles use traditional fuels, lithium-ion batteries […]
Defence
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]