1 week Ago
Shares of Bharat Forge Ltd. fell 0.6 per cent to Rs 1541.
95 at 12:33PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE , total traded quantity on the counter stood at 18,343 shares with a turnover of Rs 2.
81 crore till 12:33PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 77.07, while the price-to-book value ratio stood at 7.
33. Return on equity (ROE) was at 13.28 per cent, according to exchange data.
The stock hit an intraday high of Rs 1545.65 and a low of Rs 1525.0 during the session and quoted a 52-week high price of Rs 1826.
2 and a 52-week low of Rs 1002.7. The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.
45. Technical Indicators Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program The 200-DMA (day moving average) of the stock stood at Rs 1364.58 on September 09, while the 50-DMA was at Rs 1620.
8. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend.
If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 41.03.
The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30. Promoter holding As of 30-Jun-2024, promoters held 45.
25 per cent stake in the company, while overseas investors held 17.04 per cent and domestic institutional investors had 27.94 per cent.
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