Bharat Forge Share Price: Bharat Forge shares 2.95% as Sensex falls
Shares of Bharat Forge Ltd. traded 2.95 per cent at Rs 1319.80 at 01:28PM (IST) on Wednesday, even as BSE benchmark Sensex 677.02 points to 77998.16. The scrip had settled at Rs 1360.05 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 1826.20 and Rs 1028.50, respectively.
As per BSE data, total traded volume on the counter till 01:28PM (IST) stood at 01:28PM shares with turnover at Rs 3.78 crore.
At the current price, shares of the company trades at 66.26 times its trailing 12-month EPS of Rs 19.99 per share and 7.33 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book…