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Bharat Forge Ltd spurts 4.26%, rises for third straight session

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Capital Market
Last Updated : Oct 11 2021 | 1:31 PM IST

Bharat Forge Ltd is quoting at Rs 790.9, up 4.26% on the day as on 12:54 IST on the NSE. The stock is up 71.82% in last one year as compared to a 51.14% gain in NIFTY and a 41.13% gain in the Nifty Auto index.

Bharat Forge Ltd rose for a third straight session today. The stock is quoting at Rs 790.9, up 4.26% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 18032.5. The Sensex is at 60437.87, up 0.63%. Bharat Forge Ltd has added around 2.12% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 12.99% in last one month and is currently quoting at 11079.35, up 3.21% on the day. The volume in the stock stood at 19.52 lakh shares today, compared to the daily average of 23.05 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 792.8, up 4% on the day. Bharat Forge Ltd is up 71.82% in last one year as compared to a 51.14% gain in NIFTY and a 41.13% gain in the Nifty Auto index.

The PE of the stock is 60.08 based on TTM earnings ending June 21.

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First Published: Oct 11 2021 | 1:05 PM IST

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