Bharat Forge (BHARATFORG) Share Price Falls 2.34% Today; Key Levels, Valuation and Peer View

Bharat Forge Share Price fell to Rs 1,931.75 on 07 September 2026, down 2.34% or Rs 46.25 from the previous close of Rs 1,978, taking the company’s market capitalisation to Rs 94,565.93 crore. The Large Cap forging company is drawing attention because the decline comes with a clear intraday retreat from the open and places the stock below an important medium-term moving-average reference in the supplied data.

For readers tracking Bharat Forge Share Price Today, the verified data confirms the fall but does not establish a company-specific catalyst behind the move. That matters because searches around the stock are often driven by both price action and valuation context, and here the numbers show premium valuation multiples alongside moderate return ratios.

The key metrics to monitor are today’s trading range, the relationship between price and moving averages, the company’s P/E of 133.9 and P/B of 9.97, and how its ROE of 11.58% and ROCE of 12.46% compare with sector medians. That mix keeps Bharat Forge Share Price relevant for both short-term traders and longer-horizon investors.

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

Metric	Value
Current Price	Rs 1,931.75
Previous Close	Rs 1,978
Today's Move	-Rs 46.25 (-2.34%)
Open	Rs 1,954.2
High	Rs 1,954.95
Low	Rs 1,929.6
Turnover	Rs 0.81 crore
Market Capitalisation	Rs 94,565.93 crore
Market Cap Category	Large Cap

Bharat Forge Share Price Today shows a weak session. The stock opened at Rs 1,954.20 against the previous close of Rs 1,978 and then moved within a day range of Rs 1,929.60 to Rs 1,954.95. At Rs 1,931.75, it was trading close to the lower end of that band, suggesting sellers stayed in control through the morning.

In absolute terms, the stock was down Rs 46.25, or 2.34%. The day high of Rs 1,954.95 remained below the previous close, which means the counter did not meaningfully recover the lost ground after opening. Turnover stood at Rs 0.81 crore at the time of the supplied snapshot. The data confirms active trading interest, though it does not identify a specific trigger for the decline.

Bharat Forge (BHARATFORG) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 94,565.93 crore
P/E Ratio	133.9x
P/B Ratio	9.97x
ROE	11.58%
ROCE	12.46%
EPS	Rs 14.77
Book Value Per Share	Rs 198.47
Dividend Yield	0.43%

Bharat Forge’s size and valuation stand out immediately. The company’s market capitalisation is Rs 94,565.93 crore, making it the largest business in the supplied same-industry benchmark set. Its P/E ratio is 133.9 and its P/B ratio is 9.97, placing valuation at elevated levels relative to much of the listed Forgings peer group.

On profitability, the company reports ROE of 11.58% and ROCE of 12.46%. These figures are positive, but they do not sharply outpace the industry medians discussed below. EPS is Rs 14.77, book value per share is Rs 198.47, and dividend yield is 0.43%. Together, the snapshot shows a profitable and very large company, but one trading at rich earnings and book-value multiples.

Technical Context: RSI and Moving Averages

The technical snapshot adds useful context to the day’s move. At Rs 1,931.75, the stock is below its 50-day moving average of Rs 2,090.85 but above its 200-day moving average of Rs 1,878.08. That places the price between the medium-term and longer-term trend references available in the data.

The RSI stands at 35.95. On its own, RSI does not explain why the stock fell today, but it does show the counter is closer to weaker momentum territory than to overheated conditions. Combined with the gap-down open and the inability to reclaim the previous close, the technical picture supports the view of a soft session rather than a sudden reversal.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Forgings
Benchmark Scope	same industry
Company P/E Ratio	133.9x
Benchmark Median P/E	26.12x
Benchmark Average P/E	49.02x
Benchmark P/E Range	10.6x to 147.1x
Company P/B Ratio	9.97x
Benchmark Median P/B	3.46x
Benchmark Average P/B	4.76x
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 94,565.93 crore
Benchmark Median Market Cap	Rs 147.42 crore
Benchmark Average Market Cap	Rs 7,182.8 crore

The company operates in Automobile & Ancillaries within the Forgings industry, and the supplied benchmark covers 20 same-industry companies. That makes the comparison particularly useful because it is narrow and directly relevant rather than broad-market oriented.

The valuation gap is notable. Bharat Forge Share Price is backed by a company P/E of 133.9 versus a same-industry median of 26.12 and average of 49.02, with the full range stretching from 10.6 to 147.1 across 19 companies. Its P/B of 9.97 is also above the industry median of 3.46 and average of 4.76, though still below the benchmark maximum of 18.45.

On profitability, the company’s ROE of 11.58% is slightly below the industry median of 11.75% and below the average of 15.71%. Its ROCE of 12.46% is almost exactly in line with the median of 12.47% but below the average of 17.26%. Size, however, is where the company clearly stands apart: the industry median market capitalisation is Rs 147.42 crore and the average is Rs 7,182.8 crore, while Bharat Forge stands at Rs 94,565.93 crore, also matching the benchmark maximum.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Happy Forgings	HAPPYFORGE	21,138.48	64.56	9.55	15.23	18.19
Ramkrishna Forgings	RKFORGE	12,762.83	119.4	3.85	2.31	5.56
Balu Forge Industries	BALUFORGE	6,972.75	26.02	4.2	27.3	31.33
MM Forgings	MMFL	3,037.4	17.94	3.01	10.56	9
Amic Forging	AMIC	2,492.05	88.15	10.34	43.2	47.57

The peer set tells a similar story. Happy Forgings has a market cap of Rs 21,138.48 crore with P/E of 64.56, P/B of 9.55, ROE of 15.23% and ROCE of 18.19%. Ramkrishna Forgings stands at Rs 12,762.83 crore with P/E of 119.4, though its ROE of 2.31% and ROCE of 5.56% are much lower.

Balu Forge Industries trades at a P/E of 26.02 and P/B of 4.2, with ROE of 27.3% and ROCE of 31.33%. MM Forgings has a market cap of Rs 3,037.4 crore, P/E of 17.94 and P/B of 3.01, with ROE of 10.56% and ROCE of 9%. Amic Forging has a P/E of 88.15 and P/B of 10.34, plus ROE of 43.2% and ROCE of 47.57%.

Against these names, Bharat Forge remains far larger by market value. However, its P/E of 133.9 is above all the listed peers here, while its return ratios sit in the middle of the pack rather than at the top. In other words, the supplied numbers suggest that scale is the company’s clearest differentiator, while valuation remains demanding relative to many peers.

Why Investors Are Watching Bharat Forge

• The stock fell 2.34% today to Rs 1,931.75, and the session range remained below the previous close of Rs 1,978.
• It is a Large Cap company with market capitalisation of Rs 94,565.93 crore, so even routine declines attract attention.
• Valuation is rich versus the same-industry benchmark, with P/E of 133.9 and P/B of 9.97.
• Return ratios are positive but not dominant against the industry snapshot, with ROE at 11.58% and ROCE at 12.46%.
• The technical setup shows the stock below its 50 DMA of Rs 2,090.85 but above its 200 DMA of Rs 1,878.08, with RSI at 35.95.

About Bharat Forge

Bharat Forge is classified within the Automobile & Ancillaries sector and the Forgings industry. Based on the supplied data, it is the largest company by market capitalisation in its same-industry benchmark universe, with Rs 94,565.93 crore in market value. That places it well ahead of the benchmark average and median, making it the scale leader in the listed peer set provided here.

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On Univest, users can track Bharat Forge Share Price through real-time price updates, key fundamental ratios, shareholding pattern pages when available, peer comparison and market insights. This helps readers monitor price action alongside valuation and industry context in one place.

Frequently Asked Questions

Why is Bharat Forge Share Price falling today?

Ans. Bharat Forge Share Price fell 2.34% to Rs 1,931.75 from the previous close of Rs 1,978. The supplied data confirms the decline and intraday weakness, but it does not establish a company-specific catalyst for today’s move.

What is Bharat Forge Share Price Today?

Ans. Bharat Forge Share Price Today is Rs 1,931.75 as per the supplied snapshot. The stock is down Rs 46.25, or 2.34%, and has traded between Rs 1,929.60 and Rs 1,954.95 during the session.

How did Bharat Forge perform intraday today?

Ans. The stock opened at Rs 1,954.20, touched a high of Rs 1,954.95 and a low of Rs 1,929.60. Since the day high remained below the previous close of Rs 1,978, recovery stayed in early trade.

What is the market capitalisation of Bharat Forge?

Ans. Bharat Forge Market Cap stands at Rs 94,565.93 crore in the supplied data, placing it in the Large Cap category. It is also the highest market-cap company in the same-industry benchmark universe of 20 forgings companies.

Is Bharat Forge trading at a premium valuation?

Ans. The company trades at a P/E of 133.9 and P/B of 9.97. Against the same-industry median P/E of 26.12 and median P/B of 3.46, the stock is positioned at a clear valuation premium.

How profitable is Bharat Forge compared with its industry?

Ans. Bharat Forge reports ROE of 11.58% and ROCE of 12.46%. These are close to the industry medians of 11.75% and 12.47%, but both trail the benchmark averages of 15.71% and 17.26%.

What do Bharat Forge EPS, book value and dividend yield show?

Ans. Bharat Forge has EPS of Rs 14.77, book value of Rs 198.47 per share and dividend yield of 0.43%. Together, these figures show earnings per share, accounting net worth and historical payout relative to price.

How does Bharat Forge compare with listed forgings peers?

Ans. Bharat Forge is much larger than peers such as Happy Forgings, Ramkrishna Forgings, Balu Forge Industries, MM Forgings and Amic Forging. However, its P/E of 133.9 is above all those listed peers in the supplied comparison set.

Which sector and industry does Bharat Forge belong to?

Ans. Bharat Forge belongs to the Automobile & Ancillaries sector and the Forgings industry. The supplied benchmark compares it with 20 companies from the same industry, making the relative valuation and profitability context more direct.

What should investors monitor after today’s Bharat Forge Share Price fall?

Ans. Investors may monitor whether the stock sustains near the day low of Rs 1,929.60 or stabilises, while also tracking its premium P/E and P/B against peer returns, sector benchmarks and future market updates on Univest.