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    3. Bharatforg Share Price

    Bharat Forge Share PriceBharat Forge

    Large Cap 14.4k Result
    ₹1,193.3
    16.15 (1.37%)
    • Advice
    • Hold
    As on 12 December, 2023 | 01:01 BSE: 500493 NSE: BHARATFORGISIN: INE465A01025

    Bharat Forge Performance

    Day Range

    • Low 1,175.05
    • High 1,200.50
    ₹ 1,193.3

    52 Week Range

    • Low 743.55
    • High 1,200.50
    ₹ 1,193.3
    • Open Price1,181.70
    • Previous Close1,177.15
    • Volume1031436

    Start SIP in Bharat Forge

    Start SIP

    Bharat Forge Share Price

    • Over 1 Month 14.69%
    • Over 3 Month 7%
    • Over 6 Month 46.31%
    • Over 1 Year 39.18%

    Bharat Forge Key Statistics

    P/E Ratio 70.9
    PEG Ratio -3.7
    Market Cap Cr 55,559
    Price to Book Ratio 8.2
    EPS 20.9
    Dividend 0.5
    Relative Strength Index 74.95
    Money Flow Index 84.85
    MACD Signal 22.96
    Average True Range 23.28

    Bharat Forge F&O

    Bharat Forge Futures
    Bharat Forge Option Chain

    Bharat Forge Investment Rating

    • Master Rating:

    • Bharat Forge has an operating revenue of Rs. 14,633.87 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 comfortably placed above its key moving averages, around 8% and 27% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 58 which is a POOR score indicating inconsistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 58 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive 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
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 2,2492,1271,9971,9521,8641,7591,674
    Operating Expenses Qtr Cr 1,6431,5791,5091,4171,4111,3241,243
    Operating Profit Qtr Cr 607549488535453435431
    Depreciation Qtr Cr 113109105108107106104
    Interest Qtr Cr 73716685362641
    Tax Qtr Cr 1161057195908288
    Net Profit Qtr Cr 346312245289268244262
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 7,7236,422
    Operating Expenses Annual Cr 5,6624,539
    Operating Profit Annual in Cr 1,9111,716
    Depreciation Cr 426412
    Interest Annual Cr 213107
    Tax Annual Cr 337318
    Net Profit Annual Cr 1,0451,078
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 788275
    Cash from Investing Activity Annual Cr -601-249
    Cash from Financing Annual Activity Cr -17275
    Net Cash Flow Annual Cr 15102
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 7,7007,110
    Fixed Assets Annual Cr 3,5413,549
    Total Non Current Assets Annual Cr 7,8086,389
    Total Current Assets Annual Cr 6,3866,452
    Total Assets Annual Cr 14,19412,841
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 165153
    ROE Annual % 1415
    ROCE Annual % 1716
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2730
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 3,7743,8773,6293,3533,0762,8513,573
    Operating Expenses Qtr Cr 3,1533,2823,1912,8842,6442,4243,019
    Operating Profit Qtr Cr 621595438469432428554
    Depreciation Qtr Cr 211206181186188181214
    Interest Qtr Cr 12411497109534063
    Tax Qtr Cr 122128491029374105
    Net Profit Qtr Cr 22722325183146164236
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 13,08310,657
    Operating Expenses Annual Cr 11,1438,445
    Operating Profit Annual in Cr 1,7682,016
    Depreciation Cr 736730
    Interest Annual Cr 299160
    Tax Annual Cr 319303
    Net Profit Annual Cr 5281,082
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,294506
    Cash from Investing Activity Annual Cr -1,671-690
    Cash from Financing Annual Activity Cr 280310
    Net Cash Flow Annual Cr -97126
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 6,7066,571
    Fixed Assets Annual Cr 6,5675,944
    Total Non Current Assets Annual Cr 9,3827,678
    Total Current Assets Annual Cr 9,0027,931
    Total Assets Annual Cr 18,38415,609
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 145142
    ROE Annual % 816
    ROCE Annual % 1216
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 1521
    Invest in Bharat Forge

    Bharat Forge Technicals

    EMA & SMA

    Current Price
    ₹1,193.3
    16.15 (1.37%)
    pointer
    • Bullish Moving Average
    • ___
    • 16
    • Bearish Moving Average
    • ___
    • 0
    • 20 Day
    • ₹1,125.92
    • 50 Day
    • ₹1,088.63
    • 100 Day
    • ₹1,038.89
    • 200 Day
    • ₹965.44
    • 20 Day
    • ₹1,111.40
    • 50 Day
    • ₹1,085.44
    • 100 Day
    • ₹1,043.72
    • 200 Day
    • ₹922.52

    Bharat Forge Resistance and Support

    PIVOT
    ₹1,189.62
    Resistance
    First Resistance 1,204.18
    Second Resistance 1,215.07
    Third Resistance 1,229.63
    RSI 74.95
    MFI 84.85
    MACD Single Line 22.96
    MACD 31.70
    Support
    First Resistance 1,178.73
    Second Resistance 1,164.17
    Third Resistance 1,153.28

    Bharat Forge Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 1,063,596 35,236,935 33.13
    Week 845,993 35,404,799 41.85
    1 Month 1,058,621 49,628,157 46.88
    6 Month 1,237,842 55,740,019 45.03

    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 55,559
    Sales 8,326
    Shares in Float 25.61
    No of funds 536
    Yield 0.59
    Book Value 7.22
    U/D Vol ratio 1.1
    LTDebt / Equity 16
    Alpha 0.1
    Beta 1.05

    Bharat Forge

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 45.25%45.25%45.25%45.25%
    Mutual Funds 19.81%20.28%19.89%19.47%
    Insurance Companies 5.68%5.73%5.62%4.98%
    Foreign Portfolio Investors 16.28%15.79%16.17%17.88%
    Financial Institutions/ Banks 0.3%
    Individual Investors 8.07%8.09%8.43%8.27%
    Others 4.91%4.56%4.64%4.15%

    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. Murali G Sivaraman Independent Director
    Mr. Dipak B Mane Independent Director
    Ms. Sonia Singh Independent 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. K B S Anand 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
    2023-11-06 Quarterly Results
    2023-08-09 Quarterly Results
    2023-05-05 Audited Results & Final Dividend
    2023-02-14 Quarterly Results
    2022-11-14 Quarterly Results & Interim Dividend
    Date Purpose Remarks
    2023-07-07 FINAL Rs.5.50 per share(275%)Final Dividend
    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 63,981
    Kotak Flexicap Fund Growth 39,269
    Kotak Emerging Equity Scheme Growth 33,700
    Kotak Equity Arbitrage Fund Growth 28,958
    Mirae Asset Emerging Bluechip Fund Growth 28,104

    Bharat Forge FAQs

    What is Share Price of Bharat Forge ?

    Bharat Forge share price is ₹1,193 As on 12 December, 2023 | 00:47

    What is the Market Cap of Bharat Forge ?

    The Market Cap of Bharat Forge is ₹55558.7 Cr As on 12 December, 2023 | 00:47

    What is the P/E ratio of Bharat Forge ?

    The P/E ratio of Bharat Forge is 70.9 As on 12 December, 2023 | 00:47

    What is the PB ratio of Bharat Forge ?

    The PB ratio of Bharat Forge is 8.2 As on 12 December, 2023 | 00:47

    Q2FY23

    More Information

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