Voltas shares 0.92% as Sensex rises

Bharat Forge shares 1.07 per cent in Monday’s trading session

Byaea2ede5_admin

Shares of Bharat Forge Ltd. 1.07 per cent to Rs 1330.00 in Monday’s trade as of 12:20PM (IST) even as the benchmark Nifty ruled at 24282.55, 375.3 points.

The scrip had closed at Rs 1315.80 in the previous session. The stock quoted a 52-week low of Rs 1063.40 and a high of Rs 1826.20. The company quoted a market-cap of Rs 62109.52 crore on the BSE.


On BSE, 6,486 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 65.59 times its trailing 12-month EPS of Rs 20.34 per share and 7.33 times its book value. The return on equity (ROE) stood at Rs 13.28.

Key Financials

For the quarter ended 30-Sep-2024, Bharat Forge Ltd. reported consolidated sales of Rs 3750.1560 crore, 2.0 per cent from the same quarter a year ago. The company reported 7.2 per cent YoY in net at Rs 243.59 crore for the latest quarter.
Growfast
Technical indicators
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.


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