Bharat Gears Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Jun 04, 2024
7
TTM PE Ratio
Negative PE TTM
-17.6
Price to Book Ratio
Low in industry
1.6
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
54.3
MFI
MFI Overbought
77.7

Bharat Gears Ltd shareholding Pattern

Promoter
55.3%
Foreign Institutions
1.3%
Public
43.3%
Promoter
55.3%
Foreign Institutions
1.2%
Public
43.4%
Promoter
55.3%
Foreign Institutions
1.2%
Public
43.4%
Promoter
55.3%
Foreign Institutions
1.4%
Public
43.2%
Promoter
55.3%
Foreign Institutions
1.3%
Public
43.4%
Promoter
55.3%
Foreign Institutions
1.4%
Public
43.2%

Bharat Gears Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
10
Bearish Moving Averages
6
5Day EMA
111.60
10Day EMA
110.90
12Day EMA
110.70
20Day EMA
110.30
26Day EMA
110.30
50Day EMA
110.90
100Day EMA
112.80
200Day EMA
115.40
5Day SMA
112.00
10Day SMA
111.10
20Day SMA
109.00
30Day SMA
109.50
50Day SMA
111.40
100Day SMA
113.50
150Day SMA
114.90
200Day SMA
116.40
Delivery & Volume
Resistance & Support
111.79
Pivot
Resistance
First Resistance
113.07
Second Resistance
114.29
Third Resistance
115.57
Support
First Support
110.57
Second support
109.29
Third Support
108.07
Relative Strength Index
54.28
Money Flow Index
77.73
MACD
0.42
MACD Signal
-0.18
Average True Range
3.68
Average Directional Index
9.60
Rate of Change (21)
1.18
Rate of Change (125)
-0.21
Peer comparison
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Bharat Gears Ltd Company background

Founded in: 1971
Bharat Gears Ltd(BGL), promoted by Bharat Steel Tubes and Raunaq Company in collaboration with ZF Friedrichshafen, Germany, was incorporated in 1971 to manufacture automotive gears. The foreign collaborator holds 25.99 % stake in the company.BGL is a major global supplier of automotive gears and heat treatment furnaces. The Company manufactures wide range of Ring Gears and Pinions, Transmission Gears and Shafts, Differential Gears, Gear Boxes and Heat Treatment Furnaces primarily catering to commercial vehicle, agricultural machinery and construction equipment segments. The Companys manufacturing facilities located at Mumbra near Mumbai, Faridabad near New Delhi and Lonand near Pune. The Company is also engaged in aftermarket distribution. There delivery expands to nations across Europe, the USA, Mexico, Brazil, and Asia.BGL has two division i.e Automotive gears division and Industrial Furnaces division with the former contributing around 92% of the turnover and the later the balance. The automotive gears division manufactures a wide range of gears hypoid, spiral gears and differential gears, which go into axle assemblies and parallel axes gears and shafts, which make up the gear box assemblies. This division supplies to OEMS in tractors, trucks Bus and Utility vehicle industries. The company also serves the replacement market and exports to overseas market.BGLs two gear manufacturing units were located at Mumbra(Thane Dt), Maharashtra and Faridabad, Haryana. The Faridabad unite commenced commercial operation on May 1, 2000. BGL entered into an collaboration with Holcroft, US, for specialised heattreatment furnaces.In May 2012 the Company opened work on constructing its third plant at Lonand in Satara district of Maharashtra. The Commercial operations/production at this plant of the Company was started in March, 2014.In 202223, the Company implemented multimachine layouts in the gearcutting section and the grinding section. In the Mumbra Plant, cycle time was reduced on hobbing machines by increasing hob RPM and in spline shaping operations by changing cutting parameters. In the Bevel segment, the face grinding operation was removed for selected pinion parts. HT loading quantity was enhanced by introducing a new grid for selected parts. Loading quantity per tray is increased by loading an extra grid. In Lonand Plant, productivity improvement was achieved by adopting cluster cycles, reducing hobbing stock, and using carbide fixtures, resulting in better throughput in finishing operation. Gear grinding fixtures were replaced with collate type or hydraulic fixtures to achieve higher cutting speed and feed. The gear grinding capacity further boosted by increasing cutting velocity. A hydraulicoperated deburring system was installed on shaping machines. This resulted in the elimination of manual deburring operations after shaping and improving throughput and reduced handling, manpower, and rejection. Further, a rack system was introduced in Finish Goods store for effective use of vertical space in 2023. I n Faridabad Plant, the Company eliminated pinion top face grinding process. Tooling coating modified which improved productivity in cutting and parts shifted from manual loading to autoloading. Further, setup time in the hobbing process was reduced by introducing multigear cutting (twin hobs) in 2023.
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Bharat Gears Ltd FAQs

The past 1-year return of Bharat Gears Ltd [BHARATGEAR] share was -7.09. The Bharat Gears Ltd [BHARATGEAR] share hit a 1-year low of Rs. 96.7 and a 1-year high of Rs. 153.

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