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Bharat Forge Ltd up for five straight sessions

Bharat Forge Ltd is quoting at Rs 410.05, up 2.44% on the day as on 12:49 IST on the NSE. The stock is down 38.09% in last one year as compared to a 2.96% fall in NIFTY and a 31.16% fall in the Nifty Auto.

Bharat Forge Ltd rose for a fifth straight session today. The stock is quoting at Rs 410.05, up 2.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. Bharat Forge Ltd has added around 2.38% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has added around 7.37% in last one month and is currently quoting at 7165.35, up 2.73% on the day. The volume in the stock stood at 11.45 lakh shares today, compared to the daily average of 13.34 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 411.1, up 2.28% on the day. Bharat Forge Ltd is down 38.09% in last one year as compared to a 2.96% fall in NIFTY and a 31.16% fall in the Nifty Auto index.

The PE of the stock is 18.44 based on TTM earnings ending June 19.

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