Bharat Forge Share Price: Bharat Forge shares decline 0.12% as Sensex climbs

Shares of the Ltd. traded at Rs 739.8 on BSE at 12:09PM (IST) on Wednesday, down 0.12 per cent from previous close.

The scrip quoted a 52-week low price of Rs 427.95 and a high of Rs 846.6.

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

A total of 24,799 lakh shares changed hands on the counter till 12:09PM (IST).

The stock of Bharat Forge Ltd. commands a market value of Rs 34549.0 crore.

The stock traded at a price-to-earning (P/E) multiple of 285.47, while the price-to-book value ratio stood at 5.13. Return on equity (ROE) was at -2.33 per cent, according to exchange data.

In the BSE500 pack, 335 stocks traded in the green, while 165 stocks were in the red.

Promotor Holding

Promoters held 44.76 per cent in the Bharat Forge Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 25.3 per cent and 12.13 per cent, respectively.

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