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Bharat Forge Ltd spurts 4.13%

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Bharat Forge Ltd is quoting at Rs 293.55, up 4.13% on the day as on 12:54 IST on the NSE. The stock is down 36.93% in last one year as compared to a 22.23% drop in NIFTY and a 30.26% drop in the Nifty Auto index.

Bharat Forge Ltd is up for a third straight session in a row. The stock is quoting at Rs 293.55, up 4.13% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 9128.85. The Sensex is at 31047.12, up 0.74%. Bharat Forge Ltd has risen around 14.49% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has risen around 5.97% in last one month and is currently quoting at 5603.8, up 2.63% on the day. The volume in the stock stood at 24.53 lakh shares today, compared to the daily average of 36.52 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 293.4, up 3.84% on the day. Bharat Forge Ltd is down 36.93% in last one year as compared to a 22.23% drop in NIFTY and a 30.26% drop in the Nifty Auto index.

The PE of the stock is 15.5 based on TTM earnings ending December 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: Thu, May 21 2020. 13:05 IST
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