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Bharat Forge Ltd gains for fifth session

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Capital Market
Last Updated : Sep 06 2022 | 3:04 PM IST

Bharat Forge Ltd is quoting at Rs 773.65, up 0.78% on the day as on 12:44 IST on the NSE. The stock is down 0.46% in last one year as compared to a 1.99% spurt in NIFTY and a 30.63% spurt in the Nifty Bank.

Bharat Forge Ltd gained for a fifth straight session today. The stock is quoting at Rs 773.65, up 0.78% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 17708.45. The Sensex is at 59371.23, up 0.21%. Bharat Forge Ltd has risen around 8.59% in last one month.

Meanwhile, Nifty Bank index of which Bharat Forge Ltd is a constituent, has risen around 2.59% in last one month and is currently quoting at 13246.1, up 0.13% on the day. The volume in the stock stood at 7.65 lakh shares today, compared to the daily average of 20.91 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 769.85, up 1.06% on the day. Bharat Forge Ltd is down 0.46% in last one year as compared to a 1.99% spurt in NIFTY and a 30.63% spurt in the Nifty Bank index.

The PE of the stock is 32.96 based on TTM earnings ending June 22.

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First Published: Sep 06 2022 | 1:00 PM IST

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