NIFTY 50

Bharat Forge Class 8 truck orders hit lowest since August 2017

Updated : January 07, 2019 11:28 AM IST

Bharat Forge is the stock on radar on the back of its weak North America Class 8 Truck orders for December, lowest since August 2017.

The decline isĀ 24 percent on month-on-month basis and almost 45 percent on year-on-year basis.

The data indicates that there is a huge backlog due to which the sales are expected to be weak for the next few months.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV