Share price of Bharat Forge falls as Sensex drops 36.73 points
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Synopsis
A total of 17,965 shares changed hands on the counter till 01:22PM (IST)
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Bharat Forge Ltd. belongs to the Auto Ancl - Others industry.
Promotor/FII Holding
Stocks Recommendations
The company reported consolidated sales of Rs 3122.27 crore for the quarter ended 30-Sep-2022, up 8.26 per cent from the previous quarter's Rs 2884.04 crore and up 28.81 per cent from the year-ago quarter's Rs 2423.9 crore.
Its profit for the latest quarter stood at Rs 145.92 crore, down 46.2 per cent from the same quarter a year ago.