BHARATFORG· Materials› Iron & Steel

Bharat Forge Ltd

Stage 3 · Topping · week 4

As of 9 Oct 2026, Bharat Forge is in Stage 3 — topping, where an uptrend loses steam, in week 4 (since 15 Sep 2026). It closed at ₹1,817, 19.8% below its 52-week high and below its 200-day average, which is rising. In Materials, 35.1% of stocks are in Stage 2.

Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. More about the company

₹1,816.9
+1.47% today
₹88,787 Cr · Large cap
Market Neutral — FadingMaterials 35.1% in Stage 2-0.9 pts / 20dIron & Steel 32.9%-2.1 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

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Momentum

Steady

Edge

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Is BHARATFORG early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-19.8%
₹1,189.6 lo₹2,265.2 hi
19.8% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 4
1w13w26w
Week 4 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-2.4%
200 DMA: ₹1,860.6 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.38x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -3.2% vs MA50 -4.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-9.3%
3M
-14.2%
6M
+2.0%
YTD
+24.9%
1Y
+50.0%
Sector
Materials
→ Flat
Stage 2%
35.1%
20d Δ
-0.9pp
1M return
-6.7%
3M return
-4.3%
Sector Stage-2 % · last 20 days
Sector has 158 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
32.9%
20d Δ
-2.1pp
1M return
-5.7%
3M return
+0.0%
Industry Stage-2 % · last 20 days
Industry has 26 Stage 2 leaders. See Iron & Steel Stage 2 →
Stage Cycle Timeline2023-07-13 → 2026-10-09
S2 31w
S2 17w
S4 23w
S2 47w
2023-07-132026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 2w → S2 31w → S3 9w → S2 17w → S3 13w → S4 23w → S1 8w → S2 4w → S3 4w → S4 4w → S3 2w → S2 47w → S3 4w current
Total tracked: 168 weeks across 13 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-10-17
3 appearances in last 60 days. First seen: 2024-05-08.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S3
Wk 4 · Vol 0.38x
2026-10-08S3
Wk 4 · Vol 0.46x
2026-10-07S3
Wk 4 · Vol 0.39x
2026-10-06S3
Wk 3 · Vol 1.04x
2026-10-05S3
Wk 3 · Vol 0.98x
2026-10-01S3
Wk 3 · Vol 1.10x
2026-09-30S3
Wk 3 · Vol 1.02x
2026-09-29S3
Wk 3 · Vol 1.07x
2026-09-28S3
Wk 2 · Vol 0.55x
2026-09-25S3
Wk 2 · Vol 0.52x
2026-09-24S3
Wk 2 · Vol 1.19x
2026-09-23S3
Wk 2 · Vol 0.72x
Sector Peers — Stage 2All →
OCCLLTD
wk 16 · 0.0% from hi
9.4
CUBEXTUB
wk 1 · -1.3% from hi
9.4
VENUSPIPES
wk 19 · -10.6% from hi
9.0
MUKANDLTD
wk 20 · -5.3% from hi
8.9
PLASTIBLEN
wk 16 · -1.6% from hi
8.4
Moving averages & range
50 DMA
₹2,017.1
200 DMA
₹1,860.6
52W High
₹2,265.2
52W Low
₹1,189.6
5D Low
₹1,790.6
Resistance levels (recent highs)
20d High
₹2,009
60d High
₹2,265.2
120d High
₹2,265.2
250d High
₹2,265.2
Next resistance
+10.6%
to 20d High
Ask the Market AI about BHARATFORGAsk →
P/E (TTM)
85.8
Forward 39.8
Earnings Growth (YoY)
-17.9%
Revenue +17.5%
ROE
+11.6%
Profit margin +6.4%
Dividend Yield
0.41%
P/B 9.7
About this companyMaterials· Iron & Steel

Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. It operates through three segments: Forgings, Defence, and Others. The company offers automotive components comprising crankshafts, connecting rods, emission/after treatment, and fuel injection systems; chassis, such as front axle beams, steering knuckles, control arms, knuckle, forks, and reinforcement brackets; transmission and driveline components; and power generation components for thermal, hydro, wind, and nuclear energy. It 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 propellers, marine motor, stern tube, crankshaft, conrod, piston rod, and rudders which include stock, trunk, and pintle. In addition, the company offers various components, such as turbochargers and superchargers, rotor assembly, and air cycle machine for land, marine, and aviation application; construction and mining products, including machined crankshafts, injector bodies, front spindles, and track links; and e-mobility, castings, and defense products. Further, it provides aero-frame, landing gear, and critical engine components. The company was incorporated in 1961 and is headquartered in Pune, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.