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Bharat Forge Ltd slips for fifth straight session

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Capital Market
Last Updated : Jun 04 2019 | 1:50 PM IST

Bharat Forge Ltd is quoting at Rs 463.75, down 0.16% on the day as on 13:24 IST on the NSE. The stock tumbled 27.34% in last one year as compared to a 13.89% rally in NIFTY and a 24.3% fall in the Nifty Auto index.

Bharat Forge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 463.75, down 0.16% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 12064.2. The Sensex is at 40228.5, down 0.1%.Bharat Forge Ltd has lost around 1.5% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has increased around 0.6% in last one month and is currently quoting at 8328.2, down 0.13% on the day. The volume in the stock stood at 7.07 lakh shares today, compared to the daily average of 14.42 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 467.1, up 0.11% on the day. Bharat Forge Ltd tumbled 27.34% in last one year as compared to a 13.89% rally in NIFTY and a 24.3% fall in the Nifty Auto index.

The PE of the stock is 20.23 based on TTM earnings ending March 19.

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First Published: Jun 04 2019 | 1:35 PM IST

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