Shares of Bharat Forge

Shares of Bharat Forge plunged by over 1%: Stocks

Shares of Bharat Forge plunged by over 1%: Stocks

New Delhi: To begin with, the shares of the Bharat Forge Limited plunged in the trading session today. The share price of the company decreased by 1.58% at Rs. 491.65 in the trade. Besides, the total traded volume on the counter turned over around Rs. 9.58 crores.

Significantly, the stock hit a 52-week high of Rs. 533.10 and a 52-week low of Rs. 207.85. Earlier, the stock closed at Rs. 499.55 in the previous session.

Besides, the shares of the company trade at 450.08 times its trailing 12-month EPS of Rs. 1.09 per share. However, its price-to-book value stood at 4.37.

As of June 2020, the promoters of the company held 45.76% of its stake. The FIIs and DIIs held 22.13% and 8.37% respectively. 

August 19th Stock Market Details:

On August 19th, both the Sensex and the Nifty traded at a bullish trend in the stock market. The Sensex gained 190.16 points and reached 38,719.66 levels with a 0.49% profit. On the other side, the Nifty gained 53.45 points and reached 11,438.95 levels with a 0.47% profit.

In the border market, the S&P BSE Midcap index gained 132.70 points with a 0.91% profit and reached 14,785.80 levels. Also, the S&P BSE Smallcap index gained 131.47 points with a 0.91% profit and reached a 14,283.76 level.

Besides, as of August 19th, the number of confirmed COVID-19 cases across India has reached 27,67,273. Also, the number of deaths in the country has reached 52,889.

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