UBS Maintains 'Sell' Call on Bharat Forge, Raises Price Target

A big financial company called UBS still thinks Bharat Forge's stock might go down, even though it recently went up.

They said they'll sell the stock but also increased the price they think it will eventually reach.

This is because Bharat Forge's bosses said that the next few months might be slow for their car parts business.

However, things might get better later in the year, especially with their space and defense work.

They also plan to focus more on growing their business in India because they believe India will be a big market for a long time.

The stock price didn't change much today.