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Bharat Forge Ltd soars 2.31%

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Capital Market

Bharat Forge Ltd is quoting at Rs 449.95, up 2.31% on the day as on 12:49 IST on the NSE. The stock is down 24.36% in last one year as compared to a 10.47% gain in NIFTY and a 11.77% gain in the Nifty Auto index.

Bharat Forge Ltd rose for a third straight session today. The stock is quoting at Rs 449.95, up 2.31% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 11890.75. The Sensex is at 40332.62, down 0.06%. Bharat Forge Ltd has added around 0.71% in last one month.

 

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 2.36% in last one month and is currently quoting at 8153.9, down 0.37% on the day. The volume in the stock stood at 13.7 lakh shares today, compared to the daily average of 22.21 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 447.9, up 2.05% on the day. Bharat Forge Ltd is down 24.36% in last one year as compared to a 10.47% gain in NIFTY and a 11.77% gain in the Nifty Auto index.

The PE of the stock is 19.88 based on TTM earnings ending September 19.

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First Published: Nov 18 2019 | 1:05 PM IST

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