NIFTY 23907.25 BANK 51135.40

Bharat Forge Ltd.
Share Price Target & Analysis

NSE:BHARATFORG

1313.54

VWAP

1299

Open

1296.2

Close

1326.7

High

1296.35

Low

1804.5

52 Week High

1316.15 ⇧
19.95 (1.54%)

BHARATFORG

(INDUSTRIAL MANUFACTURING)
34.1% Momentum

Turnaround Potential

1063

52 Week Low

30.03

EPS

44.27

PE

7.15

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: BHARATFORG Share Price Financial Analysis & Valuation

Bharat Forge Ltd. (BHARATFORG) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Castings & Forgings vertical. It is one of Mid Cap company with Market Capitalization of Rs 33422.3 (in Cr). Total number of free float shares are 46.6 (in Lacs). Bharat Forge Ltd. is listed on NSE with Exchange ID - INE465A01025 and trading code is NSE:BHARATFORG with short name Bharat Forge.

Bharat Forge Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Bharat Forge Ltd. has declared an equity dividend of Rs 9 per share. At the current share price of BHARATFORG at Rs 1316.15, this results in a dividend yield of 0.68 %.

As per the Fundamental Analysis of NSE:BHARATFORG, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BHARATFORG underlying value and future prospects. All of this data is available in BHARATFORG financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BHARATFORG, it is clearly understood that BHARATFORG is Economical performer in terms of earnings and profit margins with an EPS of 30.03. NSE:BHARATFORG book value per share as of today is 184.04. The current price to book ratio for BHARATFORG as of Nov 23, 2024 is 7.15.

Valuation of the Stock: The current valuation of BHARATFORG stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BHARATFORG whether to BUY this stock at current valuation. The delivery percentage of BHARATFORG is 37.62% is very crucial parameter which shows that 37.62% investors are anticipating that the price of BHARATFORG share should go up with VWAP at 1313.54.

Now, the main question is whether to BUY or SELL, NSE:BHARATFORG at current valuation.
As per latest Analysis No. #891:-

⇑ STRONG BUY BHARATFORG if All Greens

⇗ BUY BHARATFORG (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BHARATFORG (With Stop Loss) if only 1 Green

⇘ SELL BHARATFORG if NO Green Indicator

NSE: BHARATFORG Share Price Today (Nov 23, 2024)

(Bharat Forge Ltd. Daily Analysis on the basis of BHARATFORG Intraday Graph & Trend)

Bharat Forge Ltd. share price moved Up by 1.54% from its previous close of Rs 1296.2. BHARATFORG stock last traded price is 1316.15. BHARATFORG share price trend is Up with a total of 325459 stocks traded till now. It has touched an intraday high of Rs 1326.7 and an intraday low of Rs 1296.35. The BHARATFORG trading at 1316.15, Up by Rs. 19.95, or 1.54 percent which suggests that most of the Traders are anticipating that the price of BHARATFORG share should go Up.

NSE: BHARATFORG Share Price Tomorrow Prediction

(Bharat Forge Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BHARATFORG)

Bharat Forge Ltd. share price moved Up by 1.54%. BHARATFORG share price short term trend is Up. It suggests that BHARATFORG Share Price for Tomorrow remains the same with VWAP at 1313.54 will be treated as stop loss for intraday traders. Bharat Forge Ltd. Long term investors can follow the BHARATFORG long term trend as mentiond in future forecast table.

NSE Code

NSE: BHARATFORG

BHARATFORG Share Price Today

 1316.15

BHARATFORG Share Price Target Prediction for 2024 ^

 1114.5 - 1522.3

BHARATFORG Share Price Target Prediction for 2025*^

 1522.3 - 1931.9

BHARATFORG Share Price Target Prediction for 2026*^

 1931.9 - 2067.1

BHARATFORG Share Price Target Prediction for 2027*^

 2170

BHARATFORG Share Price Target Prediction for 2028*^

 2233

BHARATFORG Share Price Target Prediction for 2030*^

 2433
BHARATFORG Current Book Value 2023
183.1

*Bharat Forge Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^BHARATFORG share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

BHARATFORG Technical Analysis

Candlestick Pattern: @1328.75

BHARATFORG Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 1365.68 SELL 1359.92 SELL
MA_12 1404.81 SELL 1394.74 SELL
MA_20 1409.32 SELL 1412.45 SELL
MA_32 1442.77 SELL 1442.34 SELL
MA_50 1486.05 SELL 1467.75 SELL
MA_100 1542.92 SELL 1489.61 SELL
MA_200 1431.24 SELL 1423.65 SELL

BHARATFORG Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1409.32 Downtrend
MACD -6.14 SELL
ADX 31.53 Strong Trend
DMI (+/-) 12.19 / 32.89 Downtrend

BHARATFORG Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 32.04 Neutral
STOCHASTIC_K (Fast) 11.37 Oversold
STOCHASTIC_D (Slow) 8.94 Oversold
CCI -142.91 SELL
PSAR 1465.46 SELL
TRUE RANGE 55.35 Neutral
ATR 44.06 Neutral
WILLIAMS R -85 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 13.26 Oversold
STOCHASTIC RSI D 4.42 Oversold
MOMENTUM -146.25 SELL

BHARATFORG Last 1 Year Trend

Duration Value
1 Year 27.07%
3 Months -15.96%
1 Month -9.92%
1 Week -8.15%

BHARATFORG Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 13%
SELL 83%

Most popular Questions & Answers about BHARATFORG


Bharat Forge Ltd. stock last traded price is 1316.15. BHARATFORG share price moved Up by 1.54% from its previous close of Rs 1296.2.

Bharat Forge Ltd. share price trend is Up with a total of 325459 stocks traded till now. It has touched an intraday high of Rs 1822.545 and an intraday low of Rs 1296.35. The BHARATFORG trading at 1316.15, Up by Rs. 19.95, or 1.54 percent which suggests that most of the Traders are anticipating that the price of BHARATFORG share should go Up and the Stop Loss will be around 1313.54.

The market cap of Bharat Forge Ltd. is ₹33422.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Bharat Forge Ltd. as of Nov 22, 2024 is 44.27.

The current price to book ratio for Bharat Forge Ltd. as of Nov 22, 2024 is 7.15.

The highest price of Bharat Forge Ltd. stock is ₹1804.5 in the last 52-week.

The lowest price of Bharat Forge Ltd. stock is ₹1063 in the last 52-week.

Bharat Forge Ltd. share trading at ₹1316.15, Up by Rs. 19.95, or 1.54 percent which suggests that most of the traders are anticipating that the price of BHARATFORG share should go Up.

In 2023, Stock price target for Bharat Forge Ltd. (BHARATFORG) are ₹1114.5 on downside and ₹1522.3 on upside. Bharat Forge Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Bharat Forge Ltd. (BHARATFORG) are ₹1522.3 on downside and ₹1931.9 on upside. Bharat Forge Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Bharat Forge Ltd. (BHARATFORG) are ₹1931.9 on downside and ₹2067.1 on upside. Bharat Forge Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Bharat Forge Ltd. (BHARATFORG) will be around ₹2233 Bharat Forge Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BHARATFORG.

The price of Bharat Forge Ltd. (BHARATFORG) shares moved by 1.54%. The short-term trend for BHARATFORG share price is Up. It implies that the share price of BHARATFORG will stay the same tomorrow and that intraday traders should treat VWAP at 1313.54 as a stop loss. Investors with a long-term outlook can track BHARATFORG long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of BHARATFORG stock is 360.1. Compared to the current market price of 1316.15 INR, the BHARATFORG stock is Overvalued by 72.6%.

As per the fundamental analysis of Bharat Forge Ltd. (BHARATFORG), it is of Economical quality in terms of earnings and profit margins with an EPS of 30.03. Bharat Forge Ltd. book value per share as of today is 184.04. The current price to book ratio for BHARATFORG as of Nov 23, 2024 is 7.15.


NSE:BHARATFORG News & Other Useful Information about BHARATFORG Share Price


Peer Comparison of NSE: BHARATFORG

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Castings & Forgings

Company Price EPS BV
STEELCAS 762.05 30.81 133.21
BHARATFORG 1316.15 30.03 184.04
SGIL 373.80 8.35 59.59
AIAENG 3414.95 116.66 691.77
RKFORGE 963.50 23.53 147.84
JAYNECOIND 39.88 0.26 23.24
ELECTCAST 144.93 13.5 80.75
MMFL 458.70 30.03 169.08
ALICON 1114.60 33.95 319.41
NELCAST 110.81 5.56 59.68
Updated at: 22 Nov 2024 15:31

Feel free to contact us, in case of any queries.

SITEMAP 1530
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |