Shares of the Bharat Forge Ltd. traded at Rs 506.4 on BSE at 10:00 AM (IST) on Monday, up 3.42% from the previous close.

The scrip quoted a 52-week low price of Rs 207.85 and a high of Rs 533.1.

Earlier, the stock saw a gap up opening in the morning.

A total of 56,457 lakh shares changed hands on the counter till 10:00 AM (IST).

The stock of Bharat Forge Ltd. commands a market value of Rs 23521.54 crore.

The stock traded at a price-to-earnings (P/E) multiple of 461.54, while the price-to-book value ratio stood at 4.48. Return on equity (ROE) was at 6.7%, according to exchange data.

In the BSE500 pack, 347 stocks traded in the green, while 152 stocks were in the red. 

Promotor Holding

Promotors held 45.76% in the Bharat Forge Ltd. as of 30-June-2020 while overseas and domestic institutional investors owned 22.13% and 8.37%, respectively.