Bharat Forge share price touched a fresh record high of Rs 722, rising 3.75 percent intraday Friday, following sharp improvement in North America class 8 truck orders.
The improvement in truck orders has been continued for the fifth consecutive month in September.
At 10:20 hours IST, the stock price was quoting at Rs 710.90, up Rs 15.05, or 2.16 percent on the BSE.
FTR in its release said preliminary North American Class 8 net orders for October stood at 35,700 units, continuing month-on-month increase of 62 percent versus September and 167 percent above a year ago.
The improvement in truck orders has been continued for the fifth consecutive month in September.
At 10:20 hours IST, the stock price was quoting at Rs 710.90, up Rs 15.05, or 2.16 percent on the BSE.
FTR in its release said preliminary North American Class 8 net orders for October stood at 35,700 units, continuing month-on-month increase of 62 percent versus September and 167 percent above a year ago.
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