Bharat Forge Ltd. Hits New 52-Week High of Rs 1618.2 on 9 Feb 2026

Strong Price Performance and Market Context

On 9 Feb 2026, Bharat Forge Ltd. touched an intraday high of Rs.1618.2, marking a 3.96% increase on the day and a 2.12% gain compared to the previous close. This advance outpaced the Auto Components & Equipments sector by 0.72%, signalling the stock’s relative strength within its industry. The stock reversed a two-day decline, demonstrating renewed buying interest and resilience.

Trading above all key moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day averages — Bharat Forge’s price action confirms a sustained upward trend. This technical positioning supports the stock’s current momentum and underlines its positive market sentiment.

Meanwhile, the broader market environment remains constructive. The Sensex opened higher at 84,177.51 points, gaining 597.11 points (0.71%) before trading at 83,959.94 points (0.45%) during the session. Although the Sensex remains 2.62% shy of its own 52-week high of 86,159.02, it has recorded a three-week consecutive rise, gaining 2.97% over this period. Mega-cap stocks are leading this rally, providing a supportive backdrop for Bharat Forge’s sector-leading performance.

Impressive One-Year Returns and Sector Leadership

Over the past year, Bharat Forge Ltd. has delivered a remarkable total return of 38.93%, significantly outperforming the Sensex’s 7.81% gain during the same period. The stock’s 52-week low stood at Rs.919.1, highlighting the substantial appreciation in value over the last twelve months.

With a market capitalisation of Rs.74,109 crores, Bharat Forge is the largest company in the Auto Components & Equipments sector, representing 48.50% of the sector’s total market cap. Its annual sales of Rs.15,268.83 crores account for 33.27% of the industry’s revenue, underscoring its dominant position.

Robust Financial Metrics Underpinning the Rally

Bharat Forge’s financial performance continues to impress, with net sales growing at an annualised rate of 20.13%. Operating profit has surged by 111.98%, reflecting strong operational efficiency and margin expansion. The company reported its highest quarterly net sales of Rs.4,031.93 crores and an operating profit to interest ratio of 9.06 times in the September 2025 quarter, indicating healthy earnings coverage.

The company’s debt-equity ratio remains conservative at 0.71 times as of the half-year mark, supporting a solid balance sheet. Return on capital employed (ROCE) stands at 12.8%, complemented by an enterprise value to capital employed ratio of 5.6, suggesting a fair valuation relative to its capital base.

Despite the strong price appreciation, Bharat Forge trades at a discount compared to its peers’ average historical valuations, offering relative value within the sector. The company’s PEG ratio is 63.7, reflecting the relationship between its price-to-earnings ratio and earnings growth rate.

Institutional investors hold a significant 46.63% stake in Bharat Forge, with their share increasing by 0.75% over the previous quarter. This level of institutional ownership indicates confidence from well-resourced market participants who closely analyse company fundamentals.

MarketMojo Ratings and Quality Assessment

Bharat Forge Ltd. holds a Mojo Score of 75.0, reflecting strong overall quality and market standing. The company’s Mojo Grade was upgraded from Hold to Buy on 28 Jan 2026, signalling improved fundamentals and positive momentum. It ranks among the top 1% of all 4,000 stocks rated by MarketsMojo, highlighting its exceptional quality across multiple parameters.

In terms of market cap grading, Bharat Forge is rated a 2, indicating a large-cap status with significant market influence. The stock’s consistent outperformance over the last one year, three years, and three months against the BSE500 index further confirms its market-beating credentials.

Overall, Bharat Forge’s recent surge to a new 52-week high of Rs.1618.2 is supported by a combination of strong financial results, favourable technical indicators, and a positive market environment. The stock’s leadership position within its sector and solid institutional backing contribute to its sustained upward trajectory.

Summary of Key Metrics

• New 52-week high: Rs.1618.2 (intraday)

• One-year return: 38.93%

• Market cap: Rs.74,109 crores

• Annual sales: Rs.15,268.83 crores

• Operating profit growth: 111.98%

• Debt-equity ratio (HY): 0.71 times

• ROCE: 12.8%

• Institutional holdings: 46.63%

• Mojo Score: 75.0 (Buy, upgraded from Hold)

As Bharat Forge Ltd. continues to demonstrate resilience and strength in a competitive sector, its new 52-week high underscores the company’s ability to generate value and maintain market leadership.

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