Bharat Forge
Bharat Forge Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Bharat Forge
Start SIPBharat 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
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,997 | 1,952 | 1,864 | 1,759 | 1,674 |
| Operating Expenses Qtr Cr | 1,509 | 1,417 | 1,411 | 1,324 | 1,243 |
| Operating Profit Qtr Cr | 488 | 535 | 453 | 435 | 431 |
| Depreciation Qtr Cr | 105 | 108 | 107 | 106 | 104 |
| Interest Qtr Cr | 66 | 85 | 36 | 26 | 41 |
| Tax Qtr Cr | 71 | 95 | 90 | 82 | 88 |
| Net Profit Qtr Cr | 245 | 289 | 268 | 244 | 262 |
Bharat Forge Technicals
EMA & SMA
- 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
| 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 Name | Mar-23 | Dec-22 | Sep-22 | Jun-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
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 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