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Bharat Forge jumps on allotment of Rs 2.47 lakh crore for defence equipment in FY16

28 Feb 2015 Evaluate

Bharat Forge is currently trading at Rs. 1260.00, up by 11.20 points or 0.90 % from its previous closing of Rs. 1248.80 on the BSE.

The scrip opened at Rs. 1260.00 and has touched a high and low of Rs. 1278.30 and Rs. 1247.00 respectively. So far 69740 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1316.70 on 25-Feb-2015 and a 52 week low of Rs. 373.15 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1316.70 and Rs. 1240.50 respectively. The current market cap of the company is Rs. 29300.66 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 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.

Peers
Company Name CMP
Bharat Forge 1904.75
Ramkrishna Forgings 687.15
MM Forgings 614.30
Happy Forgings 2111.25
Balu Forge Inds. 506.05
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