BHARATFORG.NS Live signals | Maximize Profits with Getagraph.com

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 06:00):

Bharat Forge Limited manufactures and sells forged and machined components in India and internationally. It operates in two segments, Forgings and Others...

Stats
Today's Volume	9.27M
Average Volume	1.68M
Market Cap	657.76B
EPS	INR0 ( 2024-05-06 )
Next earnings date	( INR0 ) 2024-08-07
Last Dividend	INR5.50 ( 2023-07-07 )
Next Dividend	INR0 ( N/A )
P/E	77.50
ATR14	INR2.48 (0.18%)

Volume Correlation

Long: -0.04 (neutral)

Short: 0.26 (neutral)

Signal:(49.159) Neutral

Bharat Forge Limited Correlation

10 Most Positive Correlations
CGCL.NS	0.943
LIBAS.NS	0.932
TAKE.NS	0.931
SUULD.NS	0.931
INDLMETER.NS	0.93
FSC.NS	0.93
GILLETTE.NS	0.928
SINTEX.NS	0.926
PREMIER.NS	0.924
GINNIFILA.NS	0.923

10 Most Negative Correlations
SOMATEX.NS	-0.933
FINCABLES.NS	-0.931
TARMAT.NS	-0.929
BSELINFRA.NS	-0.928
GEEKAYWIRE.NS	-0.92
SONATSOFTW.NS	-0.919
NUCLEUS.NS	-0.916
GPPL.NS	-0.912
KRITI.NS	-0.912
DCAL.NS	-0.911

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Bharat Forge Limited Correlation - Currency/Commodity

0.00
( neutral )

0.24
( neutral )

0.05
( neutral )

0.19
( neutral )

-0.37
( neutral )

-0.27
( neutral )

Bharat Forge Limited Financials

Annual	2022
Revenue:	INR129.10B
Gross Profit:	INR69.49B (53.82 %)
EPS:	INR11.35

FY	2022
Revenue:	INR129.10B
Gross Profit:	INR69.49B (53.82 %)
EPS:	INR11.35

FY	2022
Revenue:	INR99.04B
Gross Profit:	INR42.11B (42.52 %)
EPS:	INR23.23

FY	2021
Revenue:	INR60.82B
Gross Profit:	INR24.67B (40.57 %)
EPS:	INR-2.71

Financial Reports:

No articles found.

Bharat Forge Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR5.50 (N/A)	INR1.500 (N/A)	INR0 (N/A)	INR0 (N/A)	INR5.50 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

Bharat Forge Limited Dividend Information - Dividend Junior

Dividend Sustainability Score: 4.77 - low (58.29%) | Divividend Growth Potential Score: 4.77 - Stable (4.51%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	INR0.595	2003-07-04
Last Dividend	INR5.50	2023-07-07
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	33	--
Total Paid Out	INR54.99	--
Avg. Dividend % Per Year	0.48%	--
Score	2.45	--
Div. Sustainability Score	4.77
Div.Growth Potential Score	4.77
Div. Directional Score	4.77	--

Next Divdend (Est)
(2024-11-18)

INR5.91 Estimate 3.46 %

Dividend Stability

0.28 Very Poor

Dividend Score

2.45

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2003	INR0	0.00%
2004	INR0	0.00%
2005	INR0	0.00%
2006	INR0	0.00%
2007	INR0	0.00%
2008	INR0	0.00%
2009	INR0	0.00%
2010	INR0	0.00%
2011	INR0	0.00%
2012	INR0	0.00%
2013	INR0	0.00%
2014	INR0	0.00%
2015	INR0	0.00%
2016	INR0	0.00%
2017	INR0	0.00%
2018	INR5.00	0.67%
2019	INR4.00	0.78%
2020	INR2.00	0.41%
2021	INR3.50	0.65%
2022	INR7.00	0.99%
2023	INR5.50	0.62%
2024	INR0	0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
POWERMECH.NS	Dividend Junior	2023-09-21	Sporadic	9	0.07%
JUBLINGREA.NS	Dividend Junior	2023-08-10	Semi-Annually	4	0.47%
DREAMFOLKS.NS	Dividend Junior	2023-08-22	Insufficient data to determine frequency	2	0.05%
ACC.NS	Dividend Junior	2023-07-06	Annually	22	0.86%
SSWL.NS	Dividend Junior	2023-08-14	Annually	20	0.30%
MRF.NS	Dividend Knight	2023-07-20	Semi-Annually	23	0.11%
HGINFRA.NS	Dividend Junior	2023-08-14	Sporadic	7	0.13%
BLISSGVS.NS	Dividend Junior	2023-07-12	Annually	15	0.46%
RECLTD.NS	Dividend King	2023-08-14	Quarterly	17	6.82%
KOVAI.NS	Dividend Junior	2023-08-10	Annually	4	0.17%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0562	1.500	8.88	10.00	[0 - 0.5]
returnOnAssetsTTM	0	1.200	0	0	[0 - 0.3]
returnOnEquityTTM	0.124	1.500	9.74	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0	0.800	-5.00	-4.00	[1 - 3]
quickRatioTTM	0	0.800	-4.71	-3.76	[0.8 - 2.5]
cashRatioTTM	0	1.500	-1.111	-1.667	[0.2 - 2]
debtRatioTTM	0	-1.500	0	0	[0 - 0.6]
interestCoverageTTM	3.56	1.000	9.79	9.79	[3 - 30]
operatingCashFlowPerShareTTM	35.32	2.00	10.00	10.00	[0 - 30]
freeCashFlowPerShareTTM	35.32	2.00	10.00	10.00	[0 - 20]
debtEquityRatioTTM	0	-1.500	0	0	[0 - 2.5]
grossProfitMarginTTM	0.482	1.000	5.30	5.30	[0.2 - 0.8]
operatingProfitMarginTTM	0.111	1.000	9.78	9.78	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0	1.000	-1.111	-1.111	[0.2 - 2]
assetTurnoverTTM	0	0.800	-3.33	-2.67	[0.5 - 2]
Total Score				4.77

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	78.87	1.000	2.13	0	[1 - 100]
returnOnEquityTTM	0.124	2.50	9.83	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	35.32	2.00	10.00	10.00	[0 - 30]
dividendYielPercentageTTM	0.555	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	35.32	2.00	10.00	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	0.0824	1.500	-2.78	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.109	1.000	9.79	0	[0.1 - 0.5]
Total Score				4.77

Bharat Forge Limited

Bharat Forge Limited manufactures and sells forged and machined components in India and internationally. It operates in two segments, Forgings and Others. The company offers automotive components, including crankshafts, connecting rods, emission/after treatment, fuel injection systems, chassis, and transmission and driveline components; and power generation components for thermal, hydro, and wind energy. It also provides oil and gas forging products, such as subsea, surface, and drilling components; rail products comprising engine and bogie components, turbochargers, and power electronics; and marine products that include crankshafts, rubber, connecting rods, and propeller shafts. In addition, the company offers various components for the aviation sector, such as fan blades, compressors, turbines, aero structures, and landing gear components; construction and mining products, including track links, front spindles, machined crankshafts, and injector bodies; and electric power-train products, such as full powertrain solutions, systems and sub systems, and parts for powertrain. Further, it designs engineering and product development solutions. The company was incorporated in 1961 and is headquartered in Pune, India.