Bharat Forge Share Price: Bharat Forge shares up 1.58% as Nifty gains

Shares of Bharat Forge Ltd. rose 1.58 per cent to Rs 1457.25 in Tuesday’s trade. It hit an intraday high of Rs 1463.85 and low of Rs 1429.95, respectively, during the day.

The stock quoted a 52-week high price of Rs 1826.2 and low of Rs 1002.7.

As of 11:01AM (IST), the counter saw total traded volume of 6,435 shares with a traded value of Rs 0.94 crore, according to NSE.

The stock had closed at Rs 1434.45 in the previous session.

The scrip has declined -6.06 per cent in the past one month till date, while the benchmark BSE Sensex has gained 1.14 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 73.02 while price-to-book ratio stood at 7.33. A higher P/E ratio…

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