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Bharat Forge Ltd slips for fifth straight session

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Capital Market
Last Updated : Jan 08 2019 | 1:50 PM IST

Bharat Forge Ltd is quoting at Rs 472.4, down 1.52% on the day as on 13:19 IST on the NSE. The stock tumbled 35.52% in last one year as compared to a 1.15% rally in NIFTY and a 25.92% fall in the Nifty Auto index.

Bharat Forge Ltd dropped for a fifth straight session today. The stock is quoting at 472.4, down 1.52% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.12% on the day, quoting at 10758.8. The Sensex is at 35834.32, down 0.04%.Bharat Forge Ltd has lost around 6.65% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has increased around 0.71% in last one month and is currently quoting at 8820, up 0.3% on the day. The volume in the stock stood at 12.87 lakh shares today, compared to the daily average of 17.15 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 475.15, down 1.43% on the day. Bharat Forge Ltd tumbled 35.52% in last one year as compared to a 1.15% rally in NIFTY and a 25.92% fall in the Nifty Auto index.

The PE of the stock is 26.25 based on TTM earnings ending September 18.

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First Published: Jan 08 2019 | 1:35 PM IST

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