Bharat Forge Ltd spurts 1.33%, gains for third straight session

Bharat Forge Ltd is quoting at Rs 629.8, up 1.33% on the day as on 12:49 IST on the NSE. The stock is up 25.28% in last one year as compared to a 21.75% spurt in NIFTY and a 29.54% 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 629.8, up 1.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.65% on the day, quoting at 14740.2. The Sensex is at 50135.86, up 0.69%. Bharat Forge Ltd has risen around 21.67% in last one month.

 

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has risen around 20% in last one month and is currently quoting at 10369.25, up 2.05% on the day. The volume in the stock stood at 15.3 lakh shares today, compared to the daily average of 36.28 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 630.5, up 1.36% on the day. Bharat Forge Ltd is up 25.28% in last one year as compared to a 21.75% spurt in NIFTY and a 29.54% spurt in the Nifty Auto index.

The PE of the stock is 180.77 based on TTM earnings ending September 20.

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