Bharat Forge rose 3.22% to Rs 636 at 13:11 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was up 158.35 points or 0.62% at 25,603.16.
On BSE, so far 96,000 shares were traded in the counter as against average daily volume of 96,000 shares in the past two weeks.
The stock hit a high of Rs 645 and a low of Rs 609.45 so far during the day.
Shares of Bharat Forge had declined 8.66% in three trading sessions to settle at Rs 616.15 on Wednesday, 9 July 2014, from a recent high of Rs 674.60 on 4 July 2014.
Bharat Forge's net profit jumped 137.6% to Rs 118.98 crore on 36.9% growth in net sales to Rs 903.72 crore in Q4 March 2014 over Q4 March 2013.
Bharat Forge is a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Oil & Gas, Aerospace and Rail & Marine.
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