BHARATFORG

BHARAT FORGE

Large Cap BSE: 500493 NSE: BHARATFORG
₹790.2
54.3 (7.38%)
As on 13 August, 2022 | 06:09

Bharat Forge Share Price

Bharat Forge Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Bharat Forge Share Returns

  • Over 1 Month 24.81%
  • Over 3 Month 30.83%
  • Over 6 Month 7.9%
  • Over 1 Year -4.51%

Bharat Forge Key Statistics

P/E Ratio 33.7
PEG Ratio 0.1
Market Cap Cr 36,791
Price to Book Ratio 5.6
EPS 20.7
Dividend 0.9
Relative Strength Index 73.43
Money Flow Index 82.11
MACD Signal 17.28
Average True Range 22.31

Bharat Forge Investment Rating

  • Master Rating:
  • Bharat Forge has an operating revenue of Rs. 11,204.86 Cr. on a trailing 12-month basis. An annual revenue growth of 64% is outstanding, Pre-tax margin of 14% is healthy, ROE of 16% is good. The company has a reasonable debt to equity of 27%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 9% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 98 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bharat Forge Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 1,759
  • 1,674
  • 1,602
  • 1,607
  • 1,372
  • 1,307
  • Operating Expenses Qtr Cr
  • 1,324
  • 1,243
  • 1,194
  • 1,121
  • 980
  • 948
  • Operating Profit Qtr Cr
  • 435
  • 431
  • 408
  • 485
  • 391
  • 359
  • Depreciation Qtr Cr
  • 106
  • 104
  • 103
  • 103
  • 102
  • 101
  • Interest Qtr Cr
  • 26
  • 41
  • 12
  • 14
  • 41
  • 14
  • Tax Qtr Cr
  • 82
  • 88
  • 87
  • 89
  • 54
  • 71
  • Net Profit Qtr Cr
  • 244
  • 262
  • 337
  • 312
  • 167
  • 205

Bharat Forge Technicals

EMA & SMA

Current Price
790.2
54.3 (7.38%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 714.9
  • 50 Day
  • 692.31
  • 100 Day
  • 690.46
  • 200 Day
  • 704.11
  • 20 Day
  • 711.48
  • 50 Day
  • 675.72
  • 100 Day
  • 684.34
  • 200 Day
  • 703.39

Bharat Forge Resistance and Support

PIVOT
₹730.74
Resistance
  • First Resistance
  • 745.87
  • Second Resistance
  • 755.84
  • Third Resistance
  • 770.97
Support
  • First Resistance
  • 720.77
  • Second Resistance
  • 705.64
  • Third Resistance
  • 695.67
  • RSI
  • 73.44
  • MFI
  • 82.11
  • MACD Single Line
  • 17.28
  • MACD
  • 20.72

Bharat Forge Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 11,751,079
  • 348,889,536
  • 29.69
  • Week
  • 4,359,987
  • 118,112,041
  • 27.09
  • 1 Month
  • 2,264,407
  • 78,733,438
  • 34.77
  • 6 Month
  • 1,656,981
  • 66,776,323
  • 40.3

Bharat Forge Result Highlights

Bharat Forge Synopsis

NSE-Steel-Producers

Bharat Forge is involved in the business activities of Manufacture of other transport equipment. Company’s Total Operating Revenue is Rs. 6254.61 Cr. and Equity Capital is Rs. 93.13 Cr. for the Year ended 31/03/2022. Bharat Forge Ltd. is a Public Limited Listed company incorporated on 19/06/1961 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L25209PN1961PLC012046 and registration number is 012046.
  • Market Cap
  • 36,791
  • Sales
  • 6,642
  • Shares in Float
  • 25.61
  • No of funds
  • 487
  • Yield
  • 0.89
  • Book Value
  • 5.18
  • U/D Vol ratio
  • 1.8
  • LTDebt / Equity
  • 18
  • Alpha
  • -0.04
  • Beta
  • 1.25

Bharat Forge

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 45.25%
  • 45.25%
  • 45.25%
  • Mutual Funds
  • 18.9%
  • 17.64%
  • 14.32%
  • Insurance Companies
  • 5.24%
  • 5.71%
  • 5.47%
  • Foreign Portfolio Investors
  • 18.82%
  • 19.8%
  • 23.36%
  • Financial Institutions/ Banks
  • 0.1%
  • 0.02%
  • 0.04%
  • Individual Investors
  • 8.21%
  • 8.3%
  • 8.32%
  • Others
  • 3.48%
  • 3.28%
  • 3.24%

Bharat Forge Management

  • Name
  • Designation
  • Mr. B N Kalyani
  • Chairman & Managing Director
  • Mr. G K Agarwal
  • Deputy Managing Director
  • Mr. Amit B Kalyani
  • Deputy Managing Director
  • Mr. B P Kalyani
  • Executive Director
  • Mr. S E Tandale
  • Executive Director
  • Mr. Kishore M Saletore
  • Executive Director
  • Mr. P C Bhalerao
  • Non Executive Director
  • Mr. Pratap G Pawar
  • Independent Director
  • Mrs. Lalita D Gupte
  • Independent Director
  • Mr. P H Ravikumar
  • Independent Director
  • Mr. Vimal R Bhandari
  • Independent Director
  • Mr. Dipak B Mane
  • Independent Director
  • Mr. Murali G Sivaraman
  • Independent Director

Bharat Forge Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bharat Forge Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-11
  • Quarterly Results
  • 2022-05-16
  • Audited Results & Final Dividend
  • 2022-02-10
  • Quarterly Results
  • 2021-11-12
  • Quarterly Results & Interim Dividend
  • 2021-08-12
  • Quarterly Results
  • Date
  • Purpose
  • Remarks
  • 2022-07-15
  • FINAL
  • Rs.5.50 per share(275%)Final Dividend
  • 2021-11-26
  • INTERIM
  • Rs.1.50 per share(75%)Interim Dividend
  • 2021-07-16
  • FINAL
  • Rs.2.00 per share(100%)Final Dividend

Bharat Forge MF Shareholding

  • Name
  • Amount(cr)
  • HDFC Balanced Advantage Fund Growth
  • 46130
  • ICICI Prudential Balanced Advantage Fund Growth
  • 41742
  • Kotak Flexicap Fund Growth
  • 36316
  • ICICI Prudential Bluechip Fund Growth
  • 32525
  • Kotak Equity Arbitrage Fund Growth
  • 24543

Bharat Forge FAQs

What is Share Price of Bharat Forge ?

Bharat Forge share price is ₹790 As on 13 August, 2022 | 05:55

What is the Market Cap of Bharat Forge ?

The Market Cap of Bharat Forge is ₹36790.8 Cr As on 13 August, 2022 | 05:55

What is the P/E ratio of Bharat Forge ?

The P/E ratio of Bharat Forge is 33.7 As on 13 August, 2022 | 05:55

What is the PB ratio of Bharat Forge ?

The PB ratio of Bharat Forge is 5.6 As on 13 August, 2022 | 05:55

Q1FY23