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Bharat Forge Ltd spurts 1.36%

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Capital Market
Last Updated : Dec 03 2020 | 1:31 PM IST

Bharat Forge Ltd is quoting at Rs 522.65, up 1.36% on the day as on 12:49 IST on the NSE. The stock is up 17.5% in last one year as compared to a 9.22% gain in NIFTY and a 15.32% gain in the Nifty Auto index.

Bharat Forge Ltd rose for a third straight session today. The stock is quoting at Rs 522.65, up 1.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 13153.2. The Sensex is at 44709.96, up 0.21%. Bharat Forge Ltd has added around 12.7% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 16.7% in last one month and is currently quoting at 9093.7, up 1.4% on the day. The volume in the stock stood at 22.62 lakh shares today, compared to the daily average of 31.59 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 523.25, up 1.12% on the day. Bharat Forge Ltd is up 17.5% in last one year as compared to a 9.22% gain in NIFTY and a 15.32% gain in the Nifty Auto index.

The PE of the stock is 149.83 based on TTM earnings ending September 20.

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First Published: Dec 03 2020 | 1:05 PM IST

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