Bharat Forge Jumps Over 5% Ahead of Q4 Results

On May 8, 2025,

shares rallied over 5% intraday, marking their highest level since April 2, 2025, as investors positioned ahead of the company's Q4 earnings announcement. The surge comes after a sharp correction in the previous month, where the stock declined more than 48% from its 52-week or all-time high. Despite the rebound, prices remain over 35% below the 52-week high. Looking ahead, key resistance levels to watch are ₹1,210 and ₹1,244, which may cap further upside in the near term. Disclaimer: This post is for informational purposes only and does not constitute investment advice.