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Bharat Forge Ltd soars 1.56%

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Capital Market

Bharat Forge Ltd is quoting at Rs 510.15, up 1.56% on the day as on 12:49 IST on the NSE. The stock is up 5.82% in last one year as compared to a 8.66% spurt in NIFTY and a 5.24% spurt in the Nifty Auto index.

Bharat Forge Ltd is up for a third straight session in a row. The stock is quoting at Rs 510.15, up 1.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 12020.2. The Sensex is at 40906.3, up 0.29%. Bharat Forge Ltd has risen around 6.75% in last one month.

 

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has risen around 1.75% in last one month and is currently quoting at 8100.8, up 0.22% on the day. The volume in the stock stood at 6.66 lakh shares today, compared to the daily average of 12.58 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 511.05, up 1.96% on the day. Bharat Forge Ltd is up 5.82% in last one year as compared to a 8.66% spurt in NIFTY and a 5.24% spurt in the Nifty Auto index.

The PE of the stock is 22.75 based on TTM earnings ending September 19.

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First Published: Feb 05 2020 | 1:06 PM IST

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