/ Bharat Forge Recommends Final Dividend Of Rs 5 Per Share ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 24 May 2017

Pune-based Indian multinational company, Bharat Forge on Wednesday announced that its board of directors have recommended a final dividend of Rs 5, at the rate of 250% per share on 232,794,316 fully paid up equity shares of face value Rs for the FY17.

Bharat Forge on the NSE has delivered 45% returns in a period of one year and has outperformed the BSE Sensex and BSE Auto indices over the same time period.

The stock of the company is trading at Rs 1053 per share and is up by Rs 11 per share or 1% on the NSE at 1220 hours. Bharat Forge is involved in automotive, power, oil and gas, construction & mining, locomotive, marine and aerospace industries.

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