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Bharat Forge Ltd gained for a third straight session today

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Capital Market

The stock is quoting at Rs 659.25, up 1.4% on the day as on 12:59 IST on the NSE. Bharat Forge Ltd is up 11.26% in last one year as compared to a 11.93% spurt in NIFTY and a 2.59% spurt in the Nifty Auto index.

Bharat Forge Ltd gained for a third straight session today. The stock is quoting at Rs 659.25, up 1.4% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 10797.9. The Sensex is at 35560.39, up 1.08%. Bharat Forge Ltd has slipped around 10.96% in last one month.

 

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has slipped around 1.87% in last one month and is currently quoting at 11155.85, up 0.6% on the day. The volume in the stock stood at 3.79 lakh shares today, compared to the daily average of 11.98 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 660.5, up 1.44% on the day. Bharat Forge Ltd is up 11.26% in last one year as compared to a 11.93% spurt in NIFTY and a 2.59% spurt in the Nifty Auto index.

The PE of the stock is 38.24 based on TTM earnings ending March 18.

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First Published: Jun 07 2018 | 1:05 PM IST

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