bharat forge share price: Bharat Forge shares rise 0.17% as Sensex slides

Shares of the Ltd. traded at Rs 697.0 on BSE at 11:18AM (IST) on Friday, up 0.17 per cent from previous close.

The scrip quoted a 52-week low price of Rs 306.45 and a high of Rs 704.7.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 43,156 lakh shares changed hands on the counter till 11:18AM (IST).

The stock of Bharat Forge Ltd. commands a market value of Rs 32549.3 crore.

The stock traded at a price-to-earning (P/E) multiple of -79.45, while the price-to-book value ratio stood at 2.09. Return on equity (ROE) was at 6.7 per cent, according to exchange data.

In the BSE500 pack, 271 stocks traded in the green, while 229 stocks were in the red.

Promotor Holding

Promoters held 45.76 per cent in the Bharat Forge Ltd. as of 31-Mar-2021 while overseas and domestic institutional investors owned 24.94 per cent and 12.17 per cent, respectively.

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