Bharat Forge (BHARATFORG) Share Price Falls 2.19% to Rs 2,010: Key Levels, Valuation and Peer View

Bharat Forge Share Price fell to Rs 2,010 on 02 September 2026, down 2.19% from the previous close of Rs 2,055. The stock was lower by Rs 45, while the company’s market capitalisation stood at Rs 98,199.41 crore. With the stock trading near its intraday low and turnover at Rs 95.45 crore, the move put the large-cap forgings name in focus during the session.

Bharat Forge Share Price Today opened at Rs 2,049, which also remained the day’s high, and then slipped to Rs 2,009. That leaves the stock only Re 1 above the day low at the supplied timestamp. The available data confirms the price move, valuation ratios and sector positioning, but it does not provide any company-specific trigger for the decline.

For investors following the Automobile & Ancillaries space, the key questions are straightforward: how weak was the session, where does the stock sit versus its own moving averages, and do its valuation and return ratios support its premium positioning within the Forgings industry? The numbers available here give a useful snapshot.

Bharat Forge (BHARATFORG) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,010
Previous Close	Rs 2,055
Today's Move	-Rs 45.00 (-2.19%)
Open	Rs 2,049
High	Rs 2,049
Low	Rs 2,009
Turnover	Rs 95.45 crore
Market Capitalisation	Rs 98,199.41 crore
Market Cap Category	Large Cap

Bharat Forge Share Price showed a clearly weak intraday structure. Because the session high and opening price were both Rs 2,049, the stock never moved above its opening level in the supplied data window. It then moved down to Rs 2,009 before trading at Rs 2,010, indicating that sellers retained control through most of the session.

The absolute day range was Rs 40, which is not especially wide for a stock priced above Rs 2,000, but the closing-in-on-the-low pattern matters. When a stock stays near the bottom of its day range, traders often read that as continued pressure rather than a sharp dip followed by recovery. Turnover of Rs 95.45 crore also shows meaningful trading activity around the move.

From a technical context standpoint, RSI stood at 41.95. The stock was also below its 50-day moving average of Rs 2,106.67, but above its 200-day moving average of Rs 1,863.02. That combination suggests the shorter-term tone was weaker than the longer-term trend position implied by the 200-DMA reference.

Bharat Forge (BHARATFORG) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 98,199.41 crore
P/E Ratio	139.11x
P/B Ratio	10.35x
ROE	11.58%
ROCE	12.46%
EPS	Rs 14.77
Book Value Per Share	Rs 198.47
Dividend Yield	0.41%

Bharat Forge Share Price is attached to one of the biggest companies in the listed forgings space by market value. The company’s market capitalisation of Rs 98,199.41 crore is not only large in absolute terms but also the highest in the supplied same-industry benchmark. That scale gives the stock broad visibility, but valuation remains the more striking feature in the data.

The stock trades at a P/E of 139.11 and a P/B of 10.35. Those are rich numbers on their own, and they look even richer against the industry snapshot provided. EPS stands at Rs 14.77, while book value per share is Rs 198.47. Dividend yield is 0.41%, indicating a relatively modest payout yield at the current price level.

Profitability looks more moderate than valuation. ROE is 11.58% and ROCE is 12.46%, which places returns closer to the middle of the benchmark set rather than at the top. In other words, the stock commands a premium multiple while its return ratios, based on the supplied data, are not extreme outliers on the upside.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Forgings
Benchmark Scope	same industry
Company P/E Ratio	139.11x
Benchmark Median P/E	27.3x
Benchmark Average P/E	50.22x
Benchmark P/E Range	9.16x to 145.14x
Company P/B Ratio	10.35x
Benchmark Median P/B	3.51x
Benchmark Average P/B	5.13x
Company ROE	11.58%
Benchmark Median ROE	11.75%
Benchmark Average ROE	15.71%
Company ROCE	12.46%
Benchmark Median ROCE	12.47%
Benchmark Average ROCE	17.26%
Company Market Capitalisation	Rs 98,199.41 crore
Benchmark Median Market Cap	Rs 152.2 crore
Benchmark Average Market Cap	Rs 7,518.44 crore

Bharat Forge operates in Automobile & Ancillaries and specifically in the Forgings industry. Across the supplied benchmark universe of 20 companies, its P/E of 139.11 is far above the median of 27.3 and average of 50.22, and sits near the upper end of the reported range of 9.16 to 145.14. Its P/B of 10.35 is also well above the median of 3.51 and average of 5.13.

Returns tell a different story. ROE of 11.58% is just below the benchmark median of 11.75% and under the average of 15.71%. ROCE of 12.46% is almost identical to the median of 12.47% but below the average of 17.26%. That means the valuation premium appears much larger than the profitability premium, at least in the supplied comparison set.

The market-cap comparison is also notable. The benchmark median market cap is Rs 152.2 crore and the average is Rs 7,518.44 crore, versus Bharat Forge at Rs 98,199.41 crore. So the stock combines benchmark-leading scale with elevated valuation and mid-range return ratios, a mix that naturally draws attention when the price is under pressure.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Happy Forgings	HAPPYFORGE	22,763.21	69.76	10.32	15.23	18.19
Ramkrishna Forgings	RKFORGE	13,537.05	128.46	4.15	2.31	5.56
Balu Forge Industries	BALUFORGE	7,662.26	28.17	4.55	27.3	31.33
MM Forgings	MMFL	3,137.1	18.68	3.13	10.56	9
Amic Forging	AMIC	2,376.59	87.43	10.26	43.2	47.57

Within the supplied peer set, Bharat Forge is far larger than Happy Forgings, Ramkrishna Forgings, Balu Forge Industries, MM Forgings and Amic Forging by market cap. Its P/B of 10.35 is close to Happy Forgings at 10.32 and Amic Forging at 10.26, but its P/E of 139.11 is above all five peers except that Tirupati Forge, which appears only in the broader benchmark and not this top-peer table, has a higher reported benchmark maximum.

On returns, Happy Forgings reports ROE of 15.23% and ROCE of 18.19%, while Balu Forge Industries reports 27.3% ROE and 31.33% ROCE. Amic Forging stands out with 43.2% ROE and 47.57% ROCE. By comparison, Bharat Forge at 11.58% ROE and 12.46% ROCE sits much closer to the middle than to the top of this peer group.

Why Investors Are Watching Bharat Forge

• The stock fell 2.19% to Rs 2,010 and remained close to the day low.
• The opening price of Rs 2,049 was also the session high, showing no upside recovery in the supplied session snapshot.
• RSI was 41.95, while the stock traded below its 50-DMA of Rs 2,106.67 and above its 200-DMA of Rs 1,863.02.
• The company remains the largest in its benchmark set by market cap at Rs 98,199.41 crore.
• Valuation is rich versus the industry, with P/E and P/B well above benchmark medians.
• Profitability ratios are closer to industry mid-levels than valuation extremes.

About Bharat Forge

Bharat Forge is classified under the Automobile & Ancillaries sector and the Forgings industry. Based on the supplied benchmark data, it is a benchmark-scale listed player in this segment. That matters because price moves in large companies often attract broader market attention even when no company-specific reason is confirmed in the available data.

Track Bharat Forge Share Price on Univest

Use Bharat Forge (BHARATFORG) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

For readers tracking Bharat Forge Share Price, these tools can help place today’s decline beside valuation, profitability and sector metrics without relying on unsupported assumptions about the cause of the move.

Frequently Asked Questions

Why did Bharat Forge Share Price fall today?

Ans.  Bharat Forge Share Price fell 2.19% to Rs 2,010, down Rs 45 from the previous close of Rs 2,055. The supplied data confirms the decline and turnover of Rs 95.45 crore, but does not identify a company-specific catalyst.

What is Bharat Forge Share Price Today?

Ans.  Bharat Forge Share Price Today is Rs 2,010 at the supplied timestamp. The stock opened at Rs 2,049, touched a high of Rs 2,049 and a low of Rs 2,009.

How much market cap does Bharat Forge have?

Ans.  Bharat Forge has a market capitalisation of Rs 98,199.41 crore and is classified as a Large Cap stock. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 139.11x.

Is Bharat Forge expensive compared with its industry?

Ans.  Based on the supplied benchmark, Bharat Forge looks richly valued. Its P/E is 139.11 versus the industry median of 27.3 and average of 50.22, while its P/B of 10.35 is above the median of 3.51 and average of 5.13.

How does Bharat Forge compare with key forgings peers?

Ans.  It is much larger by market cap than Happy Forgings, Ramkrishna Forgings, Balu Forge Industries, MM Forgings and Amic Forging, but its return ratios are not the highest within that peer set.