It looks like Indian auto stocks were running out of fuel after a prolonged journey that saw them achieve new milestones and deliver impressive performances. The sector had been on a remarkable upward trajectory for months, consistently reaching new heights and capturing investor attention.
Bharat Forge Stock Price
Bharat Forge Share Price Rises On Acquiring Stake In U.K.’s Tevva Motors
Gold Silver Reports (GSR) – Bharat Forge Rises On Acquiring Stake In U.K.’s Tevva Motors – Shares of the Pune-based auto parts maker rose as much as 2.49 percent, the most since May 25, to Rs 668.20. Bharat Forge has picked up a strategic stake in UK-based Tevva Motors, a provider of electric powertrain solutions for commercial vehicles, for £10 million.