Share price of Bharat Forge jumps as Sensex gains 68.46 points

Share price of Bharat Forge Ltd. gained 0.49 per cent to Rs 1266.7 at 12:48PM (IST) in Friday's trade. The counter hit a high of Rs 1269.9 and low of Rs 1251.15 so far during the session. The stock had closed at Rs 1260.4 in the previous session.

The counter had a total traded volume of 12:48PM shares so far with a turnover of Rs 1.56 crore on BSE. The stock traded at a price-to-earnings multiple of 75.29 and a price-to-book ratio of 5.35.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Bharat Forge Ltd. belongs to the Auto Ancl - Others industry.

Promotor/FII Holding
Promoters held 45.25 per cent stake in the company as of 30-Sep-2023, while foreign investors and domestic institutional investors ownership stood at 16.28 per cent and 27.94 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 3826.67 crore for the quarter ended 30-Sep-2023, down 2.91 per cent from the previous quarter's Rs 3941.42 crore and down 22.56 per cent from the year-ago quarter's Rs 3122.27 crore.

Its profit for the latest quarter stood at Rs 227.22 crore, up 55.72 per cent from the same quarter a year ago.