A lack of proprietary technology and patents can hurt Bharat forge’s ability to compete against rivals… … "Outdated Technology (Bharat forge)" has a significant impact, so an analyst should put more weight into it. This statements will have a short-term negative impact on this entity, which subtracts from its value. This statement will lead to a decrease in profits. "Outdated Technology (Bharat forge)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue.