Covid Ventilator manufacturing listed companies in India

On 8th April India reported over 1,00,000 cases and from then we are seeing the need for multiple oxygen ventilators every day. Till March 2020 spare ventilators were available but now we are in shortage of ventilators, oxygen cylinders, and remdesiver.

Maharashtra’s mayor Murlidhar Mohol has requested Rajesh Tope (Maharashtra Health Minister) and Prakesh Javdekar (Union Minister) to supply ventilators from states where Covid 19 is under control.

Covid ventilator manufacturers in India

In India, three companies had got approval from NASA to make covid ventilators – Alpha Design Technologies Pvt Ltd, Bharat Forge Ltd, and Medha Servo Drives Pvt Ltd. Bharat Forge is the only company that is listed on NSE and BSE in India.

Bharat Forge is a leading company in technology and engineering development products based out of Pune. With more than 10,000 workers worldwide they are delivering good revenue to their parent group which is Kalyani. They have a specialty in Automotive, Railways, Aerospace, Marine, Oil & Gas, Power, Construction, and Mining sectors.  

Being a leading company in the forging sector they are best in aerospace forging and automotive forging. They also produce ventilators which are contributing to their final revenue.

What are Covid Ventilators?

A ventilator is a machine that helps the lungs to work properly. Due to covid people are getting breathing problems so ventilators are used by doctors for the treatment of Covid patients.

Last year the government gave contracts to many companies for the manufacturing of ventilators but the ventilators made didn’t get fully used. But in the 2nd wave, the ventilators will be used fully as a surge in cases and deaths is huge as compared to last year.

Verdict – If you see Bharat forge stock in March 2021, it was in levels of Rs. 550 – 560 per share and now due to surge in covid cases and demand for ventilators we can see the stock price increasing continuously.

Last updated on 30th April it was in levels of Rs. 610.45 – 615 per.

Frequently Asked Questions on Covid ventilator manufacturing companies in India

Is it good to invest in Covid Ventilator manufacturing listed companies in India?

In India, three companies had got approval from NASA to make covid ventilators – Alpha Design Technologies Pvt Ltd, Bharat Forge Ltd, and Medha Servo Drives Pvt Ltd. Bharat Forge is the only company that is listed on NSE and BSE in India. Bharat forge is one of the leading company in the field of forging sector.

Is it good to invest in Bharat Forge?

Bharat Forge is a leading company in technology and engineering development products based out of Pune. They have a specialty in Medical instruments (Covid ventilators), Automotive, Railways, Aerospace, Marine, Oil & Gas, Power, Construction, and Mining sectors. It can be good stock to invest in for long term.

Which are covid ventilator manufacturers in India?

In India, three companies had got approval from NASA to make covid ventilators – Alpha Design Technologies Pvt Ltd, Bharat Forge Ltd, and Medha Servo Drives Pvt Ltd.

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