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Bharat Forge Ltd spurts 3.25%, up for third straight session

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Capital Market

The stock is quoting at Rs 675.75, up 3.25% on the day as on 12:49 IST on the NSE. Bharat Forge Ltd is up 18.15% in last one year as compared to a 18.52% gain in NIFTY and a 4.87% gain in the Nifty Auto index.

Bharat Forge Ltd rose for a third straight session today. The stock is quoting at Rs 675.75, up 3.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11714.7. The Sensex is at 38846.49, down 0.13%. Bharat Forge Ltd has added around 7.8% in last one month.

 

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 1.48% in last one month and is currently quoting at 11044.15, up 0.39% on the day. The volume in the stock stood at 30.45 lakh shares today, compared to the daily average of 12.92 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 678.25, up 3.18% on the day. Bharat Forge Ltd is up 18.15% in last one year as compared to a 18.52% gain in NIFTY and a 4.87% gain in the Nifty Auto index.

The PE of the stock is 36.91 based on TTM earnings ending June 18.

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First Published: Aug 29 2018 | 1:05 PM IST

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