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Indices: Stock market update: Nifty Auto index advances 0.11% in a weak market - Vimarsana News

Indices: Stock market update: Nifty Auto index advances 0.11% in a weak market

The Nifty Auto index was trading 0.11 per cent up at 16190.05.

Bharat Forge Share Price: Bharat Forge stock price down 1.22 per cent as Sensex slides - Vimarsana News

Bharat Forge Share Price: Bharat Forge stock price down 1.22 per cent as Sensex slides

As of 30-Sep-2023, promoters held 45.25 per cent stake in the company, while FIIs held 16.28 per cent and domestic institutional investors had 19.81 per cent.

Bharat Forge reports 52% jump in net profit on higher volumes in core business - Vimarsana News

Bharat Forge reports 52% jump in net profit on higher volumes in core business

The defense business continues to excel, securing new orders worth Rs 1,100 Crores, bringing the executable order book to Rs 3,000 Crores for the next 24 months.

Bharat Forge Share Price: Shares of Bharat Forge rise as Nifty gains - Vimarsana News

Bharat Forge Share Price: Shares of Bharat Forge rise as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 894.5.

Bharat Forge bets big on defence business, eyes orders worth Rs 5,000 crore in medium term - Vimarsana News

Bharat Forge bets big on defence business, eyes orders worth Rs 5,000 crore in medium term

While the company is already supplying armoured vehicles to the domestic defence forces, it is now expanding its frontiers abroad. It will start churning out artillery guns in December/January