Bharat Forge, a Pune based forging company, witnessed a sharp fall in share price on Wednesday after global brokerage firm CLSA downgraded the stock to 'sell' from 'buy' citing weak operational outlook. The brokerage has set a target price of Rs 745 on Bharat Forge shares.  

Shares of Bharat Forge are trading at Rs 902.40, down Rs 30.85, or 3.31% at the Bombay Stock Exchange (BSE) on Wednesday at 10:32 a.m.

The scrip has touched an intra-day high of Rs 905.60 and low of Rs 876.55. Total volume of shares traded on the bourses today was higher by 11.07% to 1,443,862 compared with 22-day average volume of 1,299,987.