Bharat Forge share price gained 3 percent in the morning session on July 7. The stock price has jumped over 100 percent in the last year. It has touched a 52-week high of Rs 808.05.
Global research firm Goldman Sachs has initiated a buy call on the stock with a target of Rs 883 per share, an upside of 11 percent from the current levels. It is of the view that the company is well-positioned to leverage defence localisation and global industrial recovery, according to a CNBC-TV18 report.
News source:- Moneycontrol