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Bharat Forge Ltd up for third straight session

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Capital Market

Bharat Forge Ltd is quoting at Rs 899.3, up 2.88% on the day as on 12:49 IST on the NSE. The stock is up 19.4% in last one year as compared to a 0.87% gain in NIFTY and a 15.9% gain in the Nifty Bank index.

Bharat Forge Ltd is up for a third straight session in a row. The stock is quoting at Rs 899.3, up 2.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.54% on the day, quoting at 17934.95. The Sensex is at 60689.29, up 1.91%. Bharat Forge Ltd has added around 1.73% in last one month.

 

Meanwhile, Nifty Bank index of which Bharat Forge Ltd is a constituent, has added around 6.42% in last one month and is currently quoting at 13323.9, up 1.18% on the day. The volume in the stock stood at 9.24 lakh shares today, compared to the daily average of 7.82 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 899.2, up 1.95% on the day. Bharat Forge Ltd is up 19.4% in last one year as compared to a 0.87% gain in NIFTY and a 15.9% gain in the Nifty Bank index.

The PE of the stock is 39.14 based on TTM earnings ending September 22.

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First Published: Feb 01 2023 | 1:05 PM IST

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