Bharat Forge shares rise 0.39% as Sensex slides

Shares of the Bharat Forge Ltd. traded at Rs 1118.0 on BSE at 12:18PM (IST) on Friday, up 0.39 per cent from previous close.

The scrip quoted a 52-week low price of Rs 744.0 and a high of Rs 1330.0.

Earlier, shares of the company saw a gap up opening in the morning.


A total of 11,758 lakh shares changed hands on the counter till 12:18PM (IST).

The stock of Bharat Forge Ltd. commands a market value of Rs 51889.85 crore.

The stock traded at a price-to-earning (P/E) multiple of 53.73, while the price-to-book value ratio stood at 5.35. Return on equity (ROE) was at 7.87 per cent, according to exchange data.

In the BSE500 pack, 126 stocks traded in the green, while 374 stocks were in the red.

Promotor Holding
Promoters held 45.25 per cent in the Bharat Forge Ltd. as of 31-Dec-2023 while overseas and domestic institutional investors owned 16.6 per cent and 27.63 per cent, respectively.