Prepared by Dr. Priya Sharma, CFA, Director of US Markets | Reviewed by Michael Brown, Lead Editor | Report ID: IGEMINI-4993BF11-20260531 | Data as of 2026-05-31
Executive Summary: Analysis of bharat forge share reveals a Cautiously Constructive configuration: technical patterns show a Bull Flag formation, while fundamentals are supported by 30.43 EPS and a 4.54% yield. Institutional flows indicate 57% ownership with beta of 1.33.
Rating: Accumulate | Target Price: $1450 | Next Earnings: Jun 25
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Ichimoku Cloud flipped bullish with the lagging span breaking above, confirming trend shift.
RSI at 55 indicates a neutral-bearish state. Historical backtests suggest a +9.1% move within 10 sessions.
Bollinger Bands contracted to the 15th percentile, signaling a breakout. A close above $1437.5 would be bullish.
EPS of $30.43 reveals resilient earnings quality. DuPont analysis highlights asset turnover as the key ROE driver.
Relative to Technology peers, bharat forge share sits at the 64th percentile in valuation, offering a potential value opportunity.
Options skew is toward call at the 1350 strike, positioning for a directional move.
Short float at 6.9% is below the sector average, reducing squeeze risk. Institutional ownership is 57%.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $1250 | $1187.5 |
| Market Cap | $10.98B | $10.98B |
| P/E Ratio | 41.08x | 34.9x |
| EPS (TTM) | $30.43 | $27.39 |
| Dividend Yield | 4.54% | 3.2% |
| Revenue Growth | 14.1% | 8.5% |
| Target Price | $1450 | - |
| Beta | 1.33 | 1.00 |