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    Bharat Forge shares drop 0.84% as Sensex falls

    Synopsis

    A total of 15,912 shares changed hands on the counter till 11:43AM (IST)

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    India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range.
    Shares of the Bharat Forge Ltd. traded at Rs 808.5 on BSE at 11:43AM (IST) on Friday, down 0.84 per cent. The stock quoted a 52-week low price of Rs 630.0 and a high of Rs 919.5.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 58.5 times its trailing 12-month EPS of Rs 13.82 per share and 5.35 times its book value, as per BSE data.

    A total of 15,912 shares changed hands on the counter till 11:43AM (IST). The stock commands a market value of Rs 37642.84 crore and is part of the Auto Ancl - Others industry.

    The scrip has been an outperformer , up 23.99 per cent in the past one year in comparison with a 22.28 per cent gain in Sensex.

    During the day, the stock moved between Rs 818.1 and Rs 801.6.

    Promoter/FII Holding
    Promoters held 45.25 per cent in the company as of 31-Mar-2023. FII and MF ownership in Bharat Forge Ltd. stood at 16.17 per cent and 19.89 per cent, respectively.
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