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Bharat Forge Ltd down for fifth straight session

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Capital Market
Last Updated : Aug 22 2022 | 2:31 PM IST

Bharat Forge Ltd is quoting at Rs 727.15, down 1.2% on the day as on 13:19 IST on the NSE. The stock jumped 1.04% in last one year as compared to a 6.42% rally in NIFTY and a 31.01% spurt in the Nifty Bank index.

Bharat Forge Ltd is down for a fifth straight session today. The stock is quoting at Rs 727.15, down 1.2% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.15% on the day, quoting at 17554.85. The Sensex is at 58978.24, down 1.12%.Bharat Forge Ltd has added around 3.11% in last one month.Meanwhile, Nifty Bank index of which Bharat Forge Ltd is a constituent, has increased around 2.91% in last one month and is currently quoting at 12946.45, down 1.24% on the day. The volume in the stock stood at 6.38 lakh shares today, compared to the daily average of 21.86 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 724.05, down 1.53% on the day. Bharat Forge Ltd jumped 1.04% in last one year as compared to a 6.42% rally in NIFTY and a 31.01% spurt in the Nifty Bank index.

The PE of the stock is 31.54 based on TTM earnings ending June 22.

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First Published: Aug 22 2022 | 1:35 PM IST

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