Bharat Forge gained on Thursday after the
company and Elbit Systems Land, the wholly owned subsidiary of
Elbit Systems, announced a strategic co-operation in India through
the establishment of a new Joint Venture company (JVC), to focus on
the Indian Ministry of Defence and other potential Indian
government customers' requirements for the most advances artillery
and mortars system solutions.
Shares ofthe companyare trading at Rs
227.25, up Rs 3.5, or 1.56% at the Bombay Stock Exchange (BSE) on
Thursday at 11:03 a.m.The scrip has touched an intra-day high of Rs
228.10 and low of Rs 224.90. The total volume of shares traded at
the BSE is 15,283.In the earlier session, the shares gained 0.81%,
or Rs 1.8, at Rs 223.75. Currently, the stock is trading down
34.51% from its 52-week high of Rs 347 and above 4.82% over the
52-week low of Rs 216.80.
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