BHARATFORG

Bharat Forge Share PriceBharat Forge

₹815.6
-2.4 (-0.29%)
As on 09 June, 2023 | 17:30 BSE: 500493 NSE: BHARATFORG

Bharat Forge Performance

Day Range

  • Low
  • High
815.6

52 Week Range

  • Low
  • High
815.6
  • Open Price
  • Previous Close
  • Volume

Start SIP in Bharat Forge

Start SIP

Bharat Forge Share Price

  • Over 1 Month 4.79%
  • Over 3 Month -2.27%
  • Over 6 Month -6.4%
  • Over 1 Year 22.86%

Bharat Forge Key Statistics

P/E Ratio 59
PEG Ratio -1.5
Market Cap Cr 37,973
Price to Book Ratio 5.6
EPS 23.1
Dividend 0.9
Relative Strength Index 65.57
Money Flow Index 80.94
MACD Signal 2.9
Average True Range 14.97

Bharat Forge Investment Rating

  • Master Rating:
  • Bharat Forge has an operating revenue of Rs. 12,910.26 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of 7% is okay, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 26%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 5% 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 11% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 15 which is a POOR score indicating inconsistency in earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 79 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Overall, the stock has poor 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
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,9971,9521,8641,7591,674
Operating Expenses Qtr Cr 1,5091,4171,4111,3241,243
Operating Profit Qtr Cr 488535453435431
Depreciation Qtr Cr 105108107106104
Interest Qtr Cr 6685362641
Tax Qtr Cr 7195908288
Net Profit Qtr Cr 245289268244262

Bharat Forge Technicals

EMA & SMA

Current Price
₹815.6
-2.4 (-0.29%)
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹787.46
  • 50 Day
  • ₹787.56
  • 100 Day
  • ₹797.24
  • 200 Day
  • ₹792.13
  • 20 Day
  • ₹779.16
  • 50 Day
  • ₹776.67
  • 100 Day
  • ₹810.02
  • 200 Day
  • ₹810.51

Bharat Forge Resistance and Support

PIVOT
₹819.5
Resistance
First Resistance ₹828.5
Second Resistance ₹839
Third Resistance ₹848
RSI 65.57
MFI 80.94
MACD Single Line 2.9
MACD 8.08
Support
First Resistance ₹809
Second Resistance ₹800
Third Resistance ₹789.5

Bharat Forge Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,943,167 79,592,120 40.96
Week 1,354,303 66,184,807 48.87
1 Month 1,162,823 68,885,613 59.24
6 Month 1,207,225 53,443,841 44.27

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. 7572.71 Cr. and Equity Capital is Rs. 93.13 Cr. for the Year ended 31/03/2023. 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 37,971
Sales 7,573
Shares in Float 25.61
No of funds 533
Yield 0.87
Book Value 4.95
U/D Vol ratio 1
LTDebt / Equity 16
Alpha 0.06
Beta 1.09

Bharat Forge

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 45.25%45.25%45.25%45.25%
Mutual Funds 19.89%19.47%18.04%18.9%
Insurance Companies 5.62%4.98%5.05%5.24%
Foreign Portfolio Investors 16.17%17.88%19.3%18.82%
Financial Institutions/ Banks 0.15%0.1%
Individual Investors 8.43%8.27%8.31%8.21%
Others 4.49%4.15%4.05%3.48%

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
2023-05-05 Audited Results & Final Dividend
2023-02-14 Quarterly Results
2022-11-14 Quarterly Results & Interim Dividend
2022-08-11 Quarterly Results
2022-05-16 Audited Results & Final Dividend
Date Purpose Remarks
2022-11-25 INTERIM Rs.1.50 per share(75%)Interim Dividend
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 54413
Kotak Flexicap Fund Growth 37217
Kotak Emerging Equity Scheme Growth 25972
Mirae Asset Emerging Bluechip Fund Growth 24541
Aditya Birla Sun Life Frontline Equity Fund Growth 21780

Bharat Forge FAQs

What is Share Price of Bharat Forge ?

Bharat Forge share price is ₹815 As on 09 June, 2023 | 17:16

What is the Market Cap of Bharat Forge ?

The Market Cap of Bharat Forge is ₹37973.4 Cr As on 09 June, 2023 | 17:16

What is the P/E ratio of Bharat Forge ?

The P/E ratio of Bharat Forge is 59 As on 09 June, 2023 | 17:16

What is the PB ratio of Bharat Forge ?

The PB ratio of Bharat Forge is 5.6 As on 09 June, 2023 | 17:16

Q2FY23

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number