Page 16 - Forge Ltd News Today

On the technical charts, the RSI of the stock stood at 69.13.

A total of 8,876 shares changed hands on the counter till 01:09PM (IST).

Bharat Forge said its board at its meeting held on Wednesday also approved conversion of existing inter corporate deposits given by it to Kalyani Powertrain Ltd (KPTL), a wholly-owned arm, along with interest amounting to Rs 111.3 crore into equity shares, to reduce the overall borrowings at KPTL.

On the technical charts, the 200-day moving average of the stock stood at Rs 832.79.

Promoters held 45.25 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 15.79 per cent and 20.28 per cent, respectively.

A total of 4,245 shares changed hands on the counter till 10:31AM (IST)

A total of 3,382 shares changed hands on the counter till 10:51AM (IST).

A total of 8,259 shares changed hands on the counter till 01:43PM (IST)

The stock quoted a 52-week high of Rs 919.5 and a 52-week low of Rs 630.0.

A total of 7,581 shares changed hands on the counter till 10:46AM (IST)