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Bharat Forge Ltd soars 1.63%, Gains for third straight session

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Capital Market
Last Updated : Jun 22 2021 | 1:31 PM IST

Bharat Forge Ltd is quoting at Rs 741.5, up 1.63% on the day as on 12:49 IST on the NSE. The stock is up 100.98% in last one year as compared to a 51.34% gain in NIFTY and a 55.99% gain in the Nifty Auto index.

Bharat Forge Ltd is up for a third straight session in a row. The stock is quoting at Rs 741.5, up 1.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.64% on the day, quoting at 15846.7. The Sensex is at 52842.36, up 0.51%. Bharat Forge Ltd has added around 13.82% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 2.66% in last one month and is currently quoting at 10401.15, up 1.82% on the day. The volume in the stock stood at 14.5 lakh shares today, compared to the daily average of 38.12 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 740.4, up 1.51% on the day. Bharat Forge Ltd is up 100.98% in last one year as compared to a 51.34% gain in NIFTY and a 55.99% gain in the Nifty Auto index.

The PE of the stock is 106.48 based on TTM earnings ending March 21.

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First Published: Jun 22 2021 | 1:05 PM IST

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