Bharat Forge Limited Share Price Today

Techno Funda Ratings

RS Rating
95
Excellent
EPS Rating
45
Moderate
A/D Rating
B
Strong

Key Metrics

Current Price

₹2190.5

Market Cap

₹ 1,04,725 Cr.

Stock P/E

88.8

ROE

12.5 %

RSI

59.77

Trend

Bullish

Share Price Chart

Technical Commentary

Bharat Forge Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of B, a Relative Strength Rating of 95 and an EPS Rating of 45. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Bharat Forge Ltd is trading above its 50 DMA (2017.52), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 88.8 and an ROE of 12.5%. Market relative strength is mediocre (RS Rating: 95), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: B). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Bharat Forge is engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector.(Source : 201903 Annual Report Page No: 123)

Bharat Forge Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Bharat Forge Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Bharat Forge Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price2190.5
RSI (14)59.77
50 DMA2017.52
200 DMA1665.51
TrendBullish
A/D RatingB
RS Rating95
EPS Rating45
TI651.07
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Bharat Forge Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹2320.16
R2₹2258.43
R1₹2224.46
PP₹2162.73
S1₹2128.76
S2₹2067.03
S3₹2033.06

Financial Ratios

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MetricValue
Market Cap₹ 1,04,725 Cr.
Current Price₹ 2,190
High / Low₹ 2,238 / 1,100
Stock P/E88.8
Book Value₹ 200
Dividend Yield0.39 %
ROCE13.1 %
ROE12.5 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20233,62912812%
Jun 20233,87721415%
Sep 20233,77421516%
Dec 20233,86625418%
Mar 20244,16422715%
Jun 20244,10617518%
Sep 20243,68924318%
Dec 20243,47621318%
Mar 20253,85328318%
Jun 20253,90928417%
Sep 20254,03229918%
Dec 20254,34327317%
Mar 20264,52823317%

Shareholding Pattern

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HolderHolding
Promoters 47.24%
FIIs 0.00%
DIIs 32.54%
Government 0.00%
Public 20.23%
No. of Shareholders1,05,825

Pros and Cons

Pros

  • Strong technical momentum with price holding comfortably above the 50 DMA (2017.52).
  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

  • Valuation metrics appear elevated with a trailing P/E of 88.8, demanding high performance requirements.

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Frequently Asked Questions

What is the current technical trend and RSI for Bharat Forge Ltd share?

Based on the latest closing data, the technical momentum for Bharat Forge Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 59.77, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (2017.52) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Bharat Forge Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Bharat Forge Ltd today centers at a Pivot Point (PP) of ₹2162.73. Upside resistance challenges are calculated at R1: ₹2224.46, R2: ₹2258.43, and R3: ₹2320.16. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹2128.76, S2: ₹2067.03, and S3: ₹2033.06.

How does the fundamental ROE and P/E ratio look for Bharat Forge Ltd?

Bharat Forge Ltd is currently trading with a valuation metrics context of a Stock P/E of 88.8, against a core structural efficiency Return on Equity (ROE) standing at 12.5 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 45, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Bharat Forge Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Bharat Forge Ltd is trading above i... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of B, a Relative Strength (RS) ranking of 95, and long-term trend backing from the TI65 indicator (Bullish pattern).

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