Page 3 - Forge Ltd News Today

Bharat Forge Ltd. key Products/Revenue Segments include Steel Forgings, Scrap, Export Incentives, Job Work, Dies & Tools and Wind Mills for the year ending 31-Mar-2023.

On the technical charts, the 200-day moving average of the stock stood at Rs 1031.37.

Promoters held 45.25 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 16.6 per cent and 19.84 per cent, respectively.

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

A total of 11,657 shares changed hands on the counter till time (IST).

The stock traded at a P/E multiple of 54.2, while the price-to-book value ratio stood at 5.35.

Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 51517.38 Crore) operating in Auto Ancillaries sector.

The Nifty Auto index was trading 0.61 per cent up at 19538.25.

The Nifty Auto index was trading 0.63 per cent down at 19525.3.

A total of 42,751 shares changed hands on the counter till 11:11AM (IST).