Tag: Forge

Bharat Forge shares jump over 9%, hit 52-week high on stellar Q4 show

 stock analyst  05/08/2024  0 Comments on Bharat Forge shares jump over 9%, hit 52-week high on stellar Q4 show

For the full financial year, the profit after tax (PAT) jumped to Rs 910 crore, a 79% uptick over Rs 508 crore reported in the year-ago period. The consolidated revenue from operations stood at Rs 4,164 crore, a 15% YoY gain over Rs 3,629 crore reported in the year-ago period.

Technical Breakout Stocks: How to trade Bharat Forge, ABB India and Siemens on Thursday

 stock analyst  05/08/2024  0 Comments on Technical Breakout Stocks: How to trade Bharat Forge, ABB India and Siemens on Thursday

Bharat Forge hit its all-time high levels with sharp volumes. The overall trend is positive and strong. On the upside, it has broken out of 2 resistance zones on intraday charts on Wednesday suggesting it could touch 1,451-1,517 levels in the near future. The support levels remain below 1,211 levels.