Getty ImagesNEW DELHI: Shares of Bharat . traded 1.32 per cent up in Wednesday's trade at 12:18PM (IST). Around 30,138 shares changed hands on the counter.
The scrip opened at Rs 705.95 and touched an intraday high and low of Rs 714.6 and Rs 702.45, respectively, in the session so far. The stock of Bharat Forge Ltd. quoted a 52-week high of Rs 848.0 and a 52-week low of Rs 595.85.
Total market cap of the Bharat Forge Ltd. stood at Rs 33052.14 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3656.05 crore for the quarter ended 31-Mar-2022, up 50.54 per cent from previous quarter's Rs 2428.64 crore and up 71.23 per cent from the year-ago quarter's Rs 2135.23 crore.
The net profit for latest quarter stood at Rs 235.72 crore, up 13.0 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, DIIs held 18.9 per cent stake in the firm, while foreign institutional investors held 18.82 per cent and the promoters 45.25 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 30.55 and a price-to-book ratio of 4.97. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
The scrip opened at Rs 705.95 and touched an intraday high and low of Rs 714.6 and Rs 702.45, respectively, in the session so far. The stock of Bharat Forge Ltd. quoted a 52-week high of Rs 848.0 and a 52-week low of Rs 595.85.
Total market cap of the Bharat Forge Ltd. stood at Rs 33052.14 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3656.05 crore for the quarter ended 31-Mar-2022, up 50.54 per cent from previous quarter's Rs 2428.64 crore and up 71.23 per cent from the year-ago quarter's Rs 2135.23 crore.
The net profit for latest quarter stood at Rs 235.72 crore, up 13.0 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, DIIs held 18.9 per cent stake in the firm, while foreign institutional investors held 18.82 per cent and the promoters 45.25 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 30.55 and a price-to-book ratio of 4.97. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
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