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Bharat Forge Ltd gains for third straight session

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Capital Market

Bharat Forge Ltd is quoting at Rs 823.8, up 2.13% on the day as on 12:49 IST on the NSE. The stock is up 7.64% in last one year as compared to a 0.99% drop in NIFTY and a 15.24% drop in the Nifty Bank index.

Bharat Forge Ltd is up for a third straight session today. The stock is quoting at Rs 823.8, up 2.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 17680.9. The Sensex is at 59580.99, up 0.06%. Bharat Forge Ltd has risen around 18.67% in last one month.

 

Meanwhile, Nifty Bank index of which Bharat Forge Ltd is a constituent, has risen around 3.5% in last one month and is currently quoting at 12952.8, up 0.18% on the day. The volume in the stock stood at 20.84 lakh shares today, compared to the daily average of 17.33 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 823.8, up 1.87% on the day. Bharat Forge Ltd is up 7.64% in last one year as compared to a 0.99% drop in NIFTY and a 15.24% drop in the Nifty Bank index.

The PE of the stock is 34.63 based on TTM earnings ending June 22.

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First Published: Oct 27 2022 | 1:05 PM IST

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