Bharat Forge, the flagship company of
Kalyani Group, fell on Monday after it announced disappointing Q3
numbers.
The company posted a fall of 53.92% in its net profit to Rs 475.2 million for the quarter ended Dec. 31, 2012 as compared to Rs 1,031.3 million in the same period last year.
Total income from operations dropped 28.54% to Rs 6.73 billion
for the quarter ended Dec. 31, 2012. 
Shares ofthe companyare trading at Rs
213.70, down Rs 5.35, or 2.44% at the Bombay Stock Exchange (BSE)
on Monday at 9:55 a.m.The scrip has touched an intra-day high of Rs
215 and low of Rs 208.15. The total volume of shares traded at the
BSE is 44,202.In the earlier session, the shares fell 3.12%, or Rs
7.05, at Rs 219.05. Currently, the stock is trading at all time
52-week low, which is below 38.41% over the 52-week high of Rs
347.00.
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