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Bharat Forge soars on inaugurating hi-tech locomotive components plant in Pune

18 Feb 2015 Evaluate

Bharat Forge is currently trading at Rs. 1222.65, up by 47.05 points or 4.00% from its previous closing of Rs. 1175.60 on the BSE.

The scrip opened at Rs. 1182.10 and has touched a high and low of Rs. 1224.00 and Rs. 1180.00 respectively. So far 119297 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1224.00 on 18-Feb-2015 and a 52 week low of Rs. 355.05 on 17-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1224.00 and Rs. 1062.85 respectively. The current market cap of the company is Rs. 28331.07 crore.

The promoters holding in the company stood at 46.74%, while Institutions and Non-Institutions held 31.74% and 21.51% respectively.

Bharat Forge has inaugurated the high tech locomotive component manufacturing facility at Bharat Forge Centre for Advanced Manufacturing in Baramati, Pune. The Railways business segment is an integral part of Bharat Forge's plan to grow with India's infrastructure development and is the cornerstone of its diversification strategy. The company has been supplying to all major railways networks across the world including in the US, Europe, Russia and recently to the Indian Railways.

This state-of-the-art 'High Tech Locomotive Component Manufacturing Facility' will exclusively focus on developing critical and sophisticated components and products for the Railway sector globally. This facility will not only give Bharat Forge a new growth avenue but also enable the company in contributing to building India's economic backbone, strengthen national manufacturing capabilities and steer the government's 'Make in India' drive.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

 

Bharat Forge Share Price

1865.00 5.05 (0.27%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1865.00
Ramkrishna Forgings 529.90
MM Forgings 486.35
Happy Forgings 1308.50
Balu Forge Industrie 472.05
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