BSE Code - 500493
Face Value - Rs 2.00
Group - BSE 'A'
Shareholding pattern - (a)Promoters - 46.74%
(b)Institutions - 30.61%
(c)Non-Institutions - 22.65%
One year High-Low - Rs 875.50 - Rs 244.00
Bharat Forge has divested its 50 per cent stake in Impact Automotive Solutions, which was formed in 2010 as a joint venture with KPIT Technologies. The stake has been sold to KPIT Technologies for Rs 10.80 crore. The initial investment was Rs 14.91 crore. Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.
Current price of stock is Rs 861.70, up by 3.30 points from its previous closing of Rs 858.40 on the BSE.
Face Value - Rs 2.00
Group - BSE 'A'
Shareholding pattern - (a)Promoters - 46.74%
(b)Institutions - 30.61%
(c)Non-Institutions - 22.65%
One year High-Low - Rs 875.50 - Rs 244.00
Bharat Forge has divested its 50 per cent stake in Impact Automotive Solutions, which was formed in 2010 as a joint venture with KPIT Technologies. The stake has been sold to KPIT Technologies for Rs 10.80 crore. The initial investment was Rs 14.91 crore. Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.
Current price of stock is Rs 861.70, up by 3.30 points from its previous closing of Rs 858.40 on the BSE.
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