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Bharat Forge Ltd up for five straight sessions

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Bharat Forge Ltd is quoting at Rs 1209.3, up 1.36% on the day as on 12:44 IST on the NSE. The stock is up 52.94% in last one year as compared to a 25.64% gain in NIFTY and a 69.01% gain in the Nifty Auto.

Bharat Forge Ltd rose for a fifth straight session today. The stock is quoting at Rs 1209.3, up 1.36% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.66% on the day, quoting at 22292.55. The Sensex is at 73463.3, up 0.51%. Bharat Forge Ltd has added around 7% in last one month.

 

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 3.58% in last one month and is currently quoting at 21609.7, up 0.84% on the day. The volume in the stock stood at 3.71 lakh shares today, compared to the daily average of 13.3 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1206.2, up 1.36% on the day. Bharat Forge Ltd is up 52.94% in last one year as compared to a 25.64% gain in NIFTY and a 69.01% gain in the Nifty Auto index.

The PE of the stock is 42.4 based on TTM earnings ending December 23.

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First Published: Apr 22 2024 | 1:00 PM IST

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