[ad_1]
The scrip opened at Rs 640.0 and touched an intraday excessive and low of Rs 640.0 and Rs 618.0, respectively, within the session thus far. The inventory of Bharat Forge Ltd. quoted a 52-week excessive of Rs 848.0 and a 52-week low of Rs 595.85.
Complete market cap of the Bharat Forge Ltd. stood at Rs 28917.71 crore on the time of penning this report.
Key Financials
The corporate reported consolidated gross sales of Rs 3656.05 crore for the quarter ended 31-Mar-2022, up 50.54 per cent from earlier quarter’s Rs 2428.64 crore and up 71.23 per cent from the year-ago quarter’s Rs 2135.23 crore.
The web revenue for contemporary quarter stood at Rs 235.72 crore, up 13.0 per cent from the identical quarter a yr in the past.
Shareholding sample
As of 31-Mar-2022, DIIs held 17.64 per cent stake within the agency, whereas international institutional traders held 19.8 per cent and the promoters 45.25 per cent.
Valuation ratio
In keeping with BSE knowledge, the inventory traded at a P/E a number of of 26.73 and a price-to-book ratio of 4.97. A better P/E ratio reveals traders are prepared to pay the next worth due to higher future development expectations. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the worth that traders are able to pay even for no development within the enterprise.
Bharat Forge Ltd. belongs to the Auto Ancl – Others business.
[ad_2]
Source link
