Sep 12, 2013, 04.41 PM | Source: CNBC-TV18

Buy Bharat Forge: Sudarshan Sukhani

Sudarshan Sukhani of suggests buying Bharat Forge.

Sudarshan Sukhani of told CNBC-TV18, " Bharat Forge is a far better stock to be in among the midcaps. This stock has completed a bear market and is now just embarking on a new uptrend. That is always choppy but the markets don't work on demand. It is something worth buying into."

On September 12, 2013 Bharat Forge closed at Rs 257.90, up Rs 7.25, or 2.89 percent.

The share touched its 52-week high Rs 315 and 52-week low Rs 185.55 on 04 October, 2012 and 06 August, 2013, respectively.

The company's trailing 12-month (TTM) EPS was at Rs 13.34 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 19.33. The latest book value of the company is Rs 99.25 per share. At current value, the price-to-book
value of the company was 2.6. The dividend yield of the company was 1.32 percent.

Set email alert for


video of the day

Nifty to fall below 7500 if Q3 disappoints; GST key: Kumar

Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.