Bharat Forge is involved in steel forgings, finished machined crankshafts, and front axles assembly and components. The company reported strong set of numbers in Q2 of FY19. Its revenue for the quarter surged almost 34 per cent yoy to Rs. 1679.2 crore. EBITDA for Q2FY19 stood at Rs. 475.4 crore, up by almost 29 per cent from Q2FY18. Also, the net profit for the period jumped almost 32 per cent yoy to Rs. 268.5 crore. New product launches in aluminium forging segment are likely to aid revenue growth as forging for car chassis has robust prospects due to BS-6. The company’s management expects existing product and technology to clock organic growth of 10‐12 per cent. Besides, its new forging and machining facility is likely to commence operation during first half of FY20. Thus, we recommend a BUY on this scrip.