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Bharat Forge Ltd eases for fifth straight session

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The stock is quoting at Rs 632.2, down 0.15% on the day as on 13:19 IST on the NSE. Bharat Forge Ltd jumped 8.25% in last one year as compared to a 11.79% rally in NIFTY and a 2.7% spurt in the Nifty Auto index.

Bharat Forge Ltd dropped for a fifth straight session today. The stock is quoting at 632.2, down 0.15% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 10769.2. The Sensex is at 35520.87, up 0.66%.Bharat Forge Ltd has eased around 8.94% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has increased around 3.69% in last one month and is currently quoting at 11080.35, up 0.44% on the day. The volume in the stock stood at 2.59 lakh shares today, compared to the daily average of 12.42 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 635.1, up 0.24% on the day. Bharat Forge Ltd jumped 8.25% in last one year as compared to a 11.79% rally in NIFTY and a 2.7% spurt in the Nifty Auto index.

The PE of the stock is 37.26 based on TTM earnings ending March 18.

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First Published: Jun 20 2018 | 1:35 PM IST

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