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Bharat Forge Ltd gains for third consecutive session

Capital Market 

Bharat Forge Ltd is quoting at Rs 466.95, up 1.18% on the day as on 12:49 IST on the NSE. The stock is down 20.35% in last one year as compared to a 12.86% spurt in NIFTY and a 9.44% spurt in the Nifty Auto index.

Bharat Forge Ltd gained for a third straight session today. The stock is quoting at Rs 466.95, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.48% on the day, quoting at 11883.65. The Sensex is at 40125.39, down 0.44%. Bharat Forge Ltd has risen around 9.81% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has risen around 12.42% in last one month and is currently quoting at 8280.35, down 0.14% on the day. The volume in the stock stood at 29.03 lakh shares today, compared to the daily average of 13.21 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 464.6, up 0.98% on the day. Bharat Forge Ltd is down 20.35% in last one year as compared to a 12.86% spurt in NIFTY and a 9.44% spurt in the Nifty Auto index.

The PE of the stock is 21.26 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 05 2019. 13:05 IST
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