Bharat Forge is currently trading at Rs. 814.00, up by 17.65 points or 2.22% from its previous closing of Rs. 796.35 on the BSE.
The scrip opened at Rs. 792.00 and has touched a high and low of Rs. 816.65 and Rs. 785.50 respectively. So far 68409 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1332.00 on 20-May-2015 and a 52 week low of Rs. 720.65 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 839.05 and Rs. 785.50 respectively. The current market cap of the company is Rs. 18415.19 crore.
The promoters holding in the company stood at 46.75% while Institutions and Non-Institutions held 32.54% and 20.72% respectively.
Bharat Forge (BFL) has entered into a contract with Boeing for developing and manufacturing 777X titanium forgings. BFL has started supplying titanium forged flap tracks for the Boeing Next Generation 737 airplane earlier this year. BFL will also supply forgings for the 737 MAX, scheduled to enter service in 2017.
This second contract with Boeing brings to forefront BFL's capabilities in precision manufacturing techniques to offer high end technology and value in the aerospace sector. Boeing and BFL continue to address opportunities to expand BFL work in support of Boeing and its supply chain partners around the world.
Bharat Forge 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 | 1845.15 |
| Ramkrishna Forgings | 608.05 |
| MM Forgings | 492.35 |
| Happy Forgings | 1345.30 |
| Balu Forge Industrie | 561.15 |
| View more.. | |
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