BHARATFORG

Bharat Forge Share Price

₹1,328.75 +7.25 (0.55%)

16 Nov, 2024 04:27

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Performance

  • Low
  • ₹1,302
  • High
  • ₹1,357
  • 52 Week Low
  • ₹1,037
  • 52 Week High
  • ₹1,805
  • Open Price₹1,322
  • Previous Close₹1,322
  • Volume1,860,816

Investment Returns

  • Over 1 Month -10.83%
  • Over 3 Month -15.22%
  • Over 6 Month -7.78%
  • Over 1 Year + 28.85%
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Bharat Forge Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 65.3
  • PEG Ratio
  • 3.1
  • Market Cap Cr
  • 61,865
  • P/B Ratio
  • 8.6
  • Average True Range
  • 44.06
  • EPS
  • 22.35
  • Dividend Yield
  • 0.7
  • MACD Signal
  • -28.03
  • RSI
  • 32.04
  • MFI
  • 41.38

Bharat Forge Financials

Bharat Forge Technicals

EMA & SMA

Current Price
₹1,328.75
+ 7.25 (0.55%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹1,412.45
  • 50 Day
  • ₹1,467.75
  • 100 Day
  • ₹1,488.36
  • 200 Day
  • ₹1,423.49

Resistance and Support

1329.07 Pivot Speed
  • R3 1,411.93
  • R2 1,384.42
  • R1 1,356.58
  • S1 1,301.23
  • S2 1,273.72
  • S3 1,245.88

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Bharat Forge Limited (BFL), part of the Kalyani Group, is a global leader in metal forming, offering high-performance components across sectors like automotive, aerospace, defense, and more. It operates eight manufacturing locations and excels in full-service supply capabilities.

Bharat Forge has an operating revenue of Rs. 15,825.27 Cr. on a trailing 12-month basis. An annual revenue growth of 22% is outstanding, Pre-tax margin of 9% is okay, ROE of 13% is good. The company has a reasonable debt to equity of 26%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 119 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Bharat Forge Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-14 Quarterly Results
2024-08-08 Quarterly Results & Fund Raising
2024-05-08 Audited Results & Final Dividend
2024-02-12 Quarterly Results & Interim Dividend
2023-11-06 Quarterly Results
Date Purpose Remarks
2024-07-05 FINAL Rs.6.50 per share(325%)Final Dividend
2024-02-23 INTERIM Rs.2.50 per share(125%)Interim Dividend
2023-07-07 FINAL Rs.5.50 per share(275%)Final Dividend
2022-11-25 INTERIM Rs.1.50 per share(75%)Interim Dividend
2022-07-15 FINAL Rs.5.50 per share(275%)Final Dividend

Bharat Forge F&O

Bharat Forge Shareholding Pattern

45.25%
16.46%
7.17%
18.72%
0%
7.5%
4.9%

About Bharat Forge

  • NSE Symbol
  • BHARATFORG
  • BSE Symbol
  • 500493
  • Chairman & Managing Director
  • Mr. B N Kalyani
  • ISIN
  • INE465A01025

Similar Stocks to Bharat Forge

Bharat Forge FAQs

Bharat Forge share price is ₹1,328 As on 16 November, 2024 | 04:13

The Market Cap of Bharat Forge is ₹61865.1 Cr As on 16 November, 2024 | 04:13

The P/E ratio of Bharat Forge is 65.3 As on 16 November, 2024 | 04:13

The PB ratio of Bharat Forge is 8.6 As on 16 November, 2024 | 04:13

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Q2FY23