Trending stocks: Bharat Gears shares gain 5% in early trade

NEW DELHI: Shares of Bharat Gears Ltd. traded 4.84 per cent up in Tuesday 's trade at 10:20 am (IST).

Around 555 shares changed hands on the counter. The stock opened at Rs 28.15 and touched an intraday high and low of Rs 28.15 and Rs 28.15 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 180.69 and a 52-week low of Rs 22.5 .

CRISIL has assigned 'CRISIL BB+/Stable' rating to the company's long-term bank loan facilities of Rs 325 crore and 'CRISIL A4+' to the short-term facilities.

Financials
Bharat Gears Ltd., incorporated in the year 1971, is a Small Cap company (having a market cap of Rs 24.75 Crore) operating in Auto Ancillaries sector.

For the quarter ended 31-12-2019, the company reported a Standalone sales of Rs 104.92 Crore, down -20.94 % from last quarter Sales of Rs 132.71 Crore and down -32.43 % from last year same quarter Sales of Rs 155.27 Crore Company reported net profit after tax of Rs -8.00 Crore in latest quarter.

Bharat Gears Ltd. key Products/Revenue Segments include Gears (Automotive) which contributed Rs 461.89 Crore to Sales Value (89.89 % of Total Sales), Automotive Equipments which contributed Rs 31.24 Crore to Sales Value (6.07 % of Total Sales), Export Incentives which contributed Rs 7.95 Crore to Sales Value (1.54 % of Total Sales), Scrap which contributed Rs 4.30 Crore to Sales Value (0.83 % of Total Sales), Tools which contributed Rs 3.57 Crore to Sales Value (0.69 % of Total Sales), Other Operating Revenue which contributed Rs 1.98 Crore to Sales Value (0.38 % of Total Sales), Sale of services which contributed Rs 1.50 Crore to Sales Value (0.29 % of Total Sales), Furnaces Industrial which contributed Rs 1.42 Crore to Sales Value (0.27 % of Total Sales)for the year ending 31-Mar-2018.

Valuation ratio
It quoted a price-to-earnings ratio of -1.61 and price to book value of 0.26 .