Bharat Forge is currently trading at Rs. 735.00, up by 3.90 points or 0.53% from its previous closing of Rs. 731.10 on the BSE.
The scrip opened at Rs. 737.95 and has touched a high and low of Rs. 738.00 and Rs. 733.55 respectively. So far 3,237 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 799.65 on 01-Mar-2018 and a 52 week low of Rs. 510.50 on 23-May-2017.
Last one week high and low of the scrip stood at Rs. 741.40 and Rs. 721.10 respectively. The current market cap of the company is Rs. 34,214.00 crore.
The promoters holding in the company stood at 45.75%, while Institutions and Non-Institutions held 34.16% and 20.09% respectively.
Bharat Forge, the flagship company of the Kalyani Group, has bagged two major export orders in the Protected Vehicles segment. The first order of 10 numbers is for the 4 x 4 Armoured Personnel Carrier (APC), Class II (STANAG 4569) for the UN missions of Indian Army. The second big order is for the supply of its Armour Troop Carrier (ATC) to an Asian country. The first order has already been delivered and the second order is presently under delivery.
Both the APC and ATC are suitably fitted with 360 degree rotating armored turret with modular weapon mounts to meet lethality requirements. The vehicles have been successfully tested and evaluated by armies globally, including Indian Army.
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.
