Bharat Forge is currently trading at Rs. 806.65, up by 13.60 points or 1.71% from its previous closing of Rs. 793.05 on the BSE.
The scrip opened at Rs. 799.80 and has touched a high and low of Rs. 815.70 and Rs. 799.80 respectively. So far 4,131 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1362.90 on 06-Apr-2015 and a 52 week low of Rs. 772.85 on 09-Dec-2015.
Last one week high and low of the scrip stood at Rs. 865.00 and Rs. 772.85 respectively. The current market cap of the company is Rs. 18,751.00 crore.
The promoters holding in the company stood at 46.74% while Institutions and Non-Institutions held 31.91% and 21.34% respectively.
Bharat Forge, a leading global commercial forging company, has entered into a significant supply agreement for long term co-operation with Rolls-Royce, a world leader in power systems for aerospace, land and sea. The agreement envisages supply of critical & high integrity forged and machined components for a range of aero engines including the flagship Trent engine.
This award follows a period of collaboration over the last 18 months to define and secure the necessary level of stringent quality and process approvals. Both companies consider this award to be a significant milestone to cement a strong and long-term relationship.
Bharat Forge (BFL) is the flagship company of the $3.0 billion Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Oil & Gas, Power, Construction & Mining, Aerospace and Rail & Marine.
| Company Name | CMP |
|---|---|
| Bharat Forge | 1874.25 |
| Ramkrishna Forgings | 623.45 |
| MM Forgings | 493.30 |
| Happy Forgings | 1352.00 |
| Balu Forge Industrie | 557.80 |
| View more.. | |
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