Bharat Forge forges a mark in trade today; Here’s why!

Counters like Bharat Forge, GNA Axles, RK Forgings were abuzz in the trading session today after FTR data suggested that Class 8 truck orders in September hit an all-time high. Preliminary North American Class 8 net orders for September soared to 56,500 units, the most ever for a single month. Consequently, September order activity was +169% MoM and +102% YoY, which is a very strong growth number. With this Class 8 orders now total at 254,000 units for the last 12 months. Apart from that Bharat Forge especially, was in focus after it delivered the first slot of armored vehicles to the Indian Army. To know what brokerages are saying, listen in.#bharatforge #trade #supplychain