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As on 01-Dec-2023  13:05

Bharat Forge Ltd up for third consecutive session

Bharat Forge Ltd is up for a third straight session today. The stock is quoting at Rs 1136.1, up 1.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 20276.75. The Sensex is at 67486.34, up 0.74%. Bharat Forge Ltd has gained around 10.09% in last one month.

Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has gained around 10.49% in last one month and is currently quoting at 17551.85, up 0.4% on the day. The volume in the stock stood at 7.05 lakh shares today, compared to the daily average of 13.06 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1141.2, up 1.08% on the day. Bharat Forge Ltd is up 32.88% in last one year as compared to a 8.45% jump in NIFTY and a 35.07% jump in the Nifty Auto index.

The PE of the stock is 42.81 based on TTM earnings ending September 23.

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