Shares of Bharat Forge Ltd. traded 0.38% up at Rs 383.95 at 12.25 pm (IST)on Tuesday, even as BSE benchmark Sensex gained 489.48 points to 37908.47. the stock had closed at Rs 382.5 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 533.1 and 207.85, respectively.

As per BSE data, total traded volume on the counter till 12:25 pm shares with turnover at Rs 4.51 crore.

At the prevailing price, shares of the company trade at 50.99 times its trailing 12-month earnings per share of Rs 7.51 per share and 3.4 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.45.

Shareholding Details:
Promoters held a 45.76% stake in the company as of 30-Jun-2020, while FIIs owned 22.13% and DIIs 8.37%.