Bharat Forge stock rose 3.56% to Rs 1606.15 today against the previous close of Rs 1550.90 on BSE. Market cap of the firm climbed to Rs 72,075 crore.

Bharat Forge shares gain over 3% ahead of board meet to raise funds

Promoters held 45.25 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.03 per cent and 19.35 per cent, respectively.

Share price of Bharat Forge jumps as Sensex gains 492.74 points

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Monday’s trading session, five stocks witnessed a build of fresh short positions. Here’s the list: Short Buildup

Godrej Properties, Bharat Forge among 5 stocks with short buildup - Short Buildup

A total of 54,001 shares changed hands on the counter till 02:10PM (IST)

Bharat Forge shares drop 5.16% as Sensex falls

A total of 98,632 shares changed hands on the counter till 01:49PM (IST).

Share price of Bharat Forge falls as Nifty weakens

Bharat Forge informed that its wholly-owned subsidiary, Kalyani Strategic Systems (KSSL) has been granted defence license for manufacture of various defence products specially designed for military application at its Jejuri unit.

Bharat Forge arm gets license to make defence products

Buzzing Stocks Today, Stocks that will see action today: August 1, 2024 -- Infosys, Wipro, Automobile companies, SIS, Graphite India, Bharat Forge, Godfrey Phillips, Indian Hotels, Oil PSUs, GE Powe

Stocks that will see action today: August 1, 2024

The stock quoted a 52-week high of Rs 1826.2 and a 52-week low of Rs 887.55.

Bharat Forge shares drop 0.43% as Sensex rises

A total of 39,964 shares changed hands on the counter till 01:14PM (IST).

Bharat Forge shares up 0.57% as Nifty gains

Bharat Forge Ltd is quoting at Rs 1741.25, up 3.34% on the day as on 12:49 IST on the NSE. The stock is up 86.94% in last one year as compared to a 25.95% spurt in NIFTY and a 67.73% spurt in the Nifty Auto index.

Bharat Forge Ltd spurts 3.34%, gains for third straight session

The stock traded at a P/E multiple of 85.08, while the price-to-book value ratio stood at 7.33.

Bharat Forge rises 2.71% as Sensex climbs

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Bharat Forge Limited is engaged in the business of steel forgings, finished machined crankshafts, and front axles assembly and components. The Company's segments include Forgings and Projects (Capital goods).

Bharat Forge Ltd