Bharat Forge is currently trading at Rs. 739.30, down by 11.20 points or 1.49% from its previous closing of Rs. 750.50 on the BSE.
The scrip opened at Rs. 740.00 and has touched a high and low of Rs. 744.75 and Rs. 729.10 respectively. So far 80,000 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. 789.25 and Rs. 729.10 respectively. The current market cap of the company is Rs. 17,204.66 crore.
The promoters holding in the company stood at 46.75% while Institutions and Non-Institutions held 32.54% and 20.72% respectively.
The company has posted a fall of 19.03% in its net profit at Rs 164.52 crore for the quarter ended March 31, 2016 as compared to Rs 203.18 crore for the same quarter in the previous year. Total income of the company has decreased by 17.16% at Rs 1030.51 crore for quarter under review as compared to Rs 1243.92 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a fall of 2.49% in its net profit at Rs 701.06 crore as compared to Rs 718.98 crore for the same period in the previous year. Total income of company decreased 5.09% at Rs 4405.28 crore for year under review as compared to Rs 4641.37 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted fall of 14.76% in its net profit after taxes, minority interest and share of profit of associates at Rs 649.99 crore as compared to Rs 762.54 crore for the same period in the previous year. However, total income of company has increased by 0.27% at Rs 7780.08 crore for year under review as compared to Rs 7758.86 crore for the period ended March 31, 2015.
