Bharat Forge is currently trading at Rs. 1165.95, up by 23.70 points or 2.07% from its previous closing of Rs. 1142.25 on the BSE.
The scrip opened at Rs. 1151.70 and has touched a high and low of Rs. 1176.85 and Rs. 1136.30 respectively. So far 59044 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1220.45 on 08-Jun-2017 and a 52 week low of Rs. 765.95 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 1201.40 and Rs. 1110.30 respectively. The current market cap of the company is Rs. 27280.00 crore.
The promoters holding in the company stood at 45.75%, while institutions and non-institutions held 35.46% and 18.79% respectively.
Bharat Forge has received an approval for acquisition of remaining 40% stake in its subsidiary company - Analogic Controls India (ACIL). Upon acquisition, ACIL will become a wholly owned subsidiary of the company. The board of directors at its meeting held on August 10, 2017 has approved for the same.
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.
Company Name | CMP |
---|---|
Bharat Forge | 1188.80 |
CIE Automotive India | 484.20 |
Ramkrishna Forgings | 774.00 |
MM Forgings | 1061.00 |
Happy Forgings | 916.15 |
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