BALUFORGE
NSEBalu Forge Industries Limited (SMALL CAP)
Industrials>Capital Goods>Industrial Products>Castings & Forgings
₹465.10
13.00 (2.88%)
High VOLATILITY
As on 10 Jul 2026
Price History
Market Cap
The total value of all a company's shares of stock. It's a quick way to gauge a company's size and value.
₹5.35K Cr
SMALL CAP
P/E Ratio
Price-to-Earnings ratio. It shows how much you pay for ₹1 of the company's earnings. A lower P/E might mean it's undervalued, but it varies by industry.
20.9
Industry
The specific business sector the company operates in. Useful for comparing with similar companies.
Castings & Forgings
52-Week Range
The highest and lowest price at which the stock has traded in the last year (52 weeks). It helps show how volatile the stock is and where it is currently priced relative to its recent history.
52W Low₹341.05+36.4%
52W High₹702.7-33.8%
Current Price
₹465.10
Circuit Limits (20%)
The maximum allowed price movement (up or down) in a single trading day to prevent excessive volatility. If the stock hits these limits, trading may be temporarily halted.
Lower Circuit₹372.08
Upper Circuit₹558.12
Reference Price
₹465.10
Investment Checklist
Head and Shoulders on 1D (BREAKOUT CONFIRMED) — target ₹423.5
Cup and Handle on 1D — target ₹492.95
Volume divergence: Bearish (price up, volume down)
EMA(9) Crossover: Price crossed above EMA(9): Fresh bullish momentum signal.
EMA(20) Crossover: Price crossed above EMA(20): Fresh bullish momentum signal.
Technical Analysis
Technical Analysis
Analysis from 2026-07-10
Confidence
43%
Trend
NEUTRAL
NEUTRAL
Mixed MA signals — sideways/transition | Bearish MA stack (20<50<200)
EMA20
459.54
EMA50
466.19
EMA200
525.15
Price Action
MIXED
NEUTRAL
Higher Highs5
Higher Lows6
Lower Highs4
Lower Lows3
Support & Resistance Levels
Resistance (Above)
₹480.00
₹487.40
₹494.05
₹512.38
₹527.90
Support (Below)
₹458.40
₹452.40
₹442.72
₹431.00
₹424.25
Volume Analysis
TrendDECREASING
Change-46.60%
Unusual VolumeNo
Divergence Detected
Bearish (price up, volume down)
Stop Loss Levels
Fixed Risk
1% Risk₹460.45
3% Risk₹451.15
5% Risk₹441.85
7% Risk (Custom)
₹432.54Technical Levels
1x ATR (Volatility)₹447.55
2x ATR (Swing)₹430.00
3x ATR (Trend)₹412.45
Immediate Support₹458.40
Moving Averages
EMA 9 (Short-term)₹457.55
EMA 20 (Medium-term)₹459.54
Financials
Financial Analysis
| Metric | Mar '25 | Jun '25 | Sep '25 | Dec '25 |
|---|---|---|---|---|
| Revenue | ₹252.4 Cr | ₹233.2 Cr | ₹299.5 Cr | ₹311.1 Cr |
| Net Profit | ₹62.7 Cr | ₹57 Cr | ₹65 Cr | ₹71.1 Cr |
| EPS | — | ₹5.04 | ₹6.08 | ₹6.41 |
| Operating Profit | ₹79.1 Cr | ₹74 Cr | ₹86.1 Cr | ₹89 Cr |
ROE
19.36%
ROCE
24.24%
Debt/Equity
0.04
Current Ratio
3.19
OPM
28.61%
NPM
22.85%
Peer Comparison
Castings & ForgingsPeer Comparison
Symbol | Name | Price | Change | P/E Ratio | Market Cap |
|---|---|---|---|---|---|
| AIA Engineering Limited | ₹4,683.50 | -0.09% | 34.9 | ₹43.71K Cr mid Cap | |
| Happy Forgings Limited | ₹1,582.30 | +1.16% | 48.9 | ₹14.93K Cr small Cap | |
| Balu Forge Industries Limited | ₹465.10 | +2.88% | 20.9 | ₹5.35K Cr small Cap | |
| Steelcast Limited | ₹312.80 | +2.31% | 35.6 | ₹3.17K Cr small Cap | |
| Nelcast Limited | ₹139.90 | +4.51% | 24.1 | ₹1.22K Cr small Cap | |
| Synergy Green Industries Limited | ₹603.80 | +1.67% | 198.2 | ₹938 Cr small Cap | |
| Tirupati Forge Limited | ₹68.10 | +1.51% | 137.7 | ₹880 Cr small Cap | |
| Investment & Precision Castings Limited | ₹798.05 | -0.29% | — | ₹798 Cr small Cap | |
| Kalyani Forge Limited | ₹624.85 | -0.61% | 24.6 | ₹227 Cr small Cap | |
| Munish Forge Limited | ₹68.00 | +0.82% | 15.4 | ₹164 Cr small Cap | |
| Sharp Chucks and Machines Limited | ₹78.50 | +1.49% | 13.5 | ₹90 Cr small Cap |
Corporate Information
Large Deals
View AllBulk, Block and Short deals reported for this stock.
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Corporate Actions
Recent actions
| Ex Date | Purpose | Type |
|---|---|---|
| 19 Sept 2025 | Dividend - Re 0.15 Per Share | DIVIDEND |
| 20 Sept 2024 | Dividend - Rs 0.15 Per Share | DIVIDEND |
| 20 Sept 2024 | Annual General Meeting | AGM |
Announcements
Latest updates
Board Meetings
Upcoming and past meetings
Corporate Events
Upcoming results & meetings
No upcoming events found
We couldn't find any scheduled corporate actions for this symbol at the moment.
Latest News
News for BALUFORGE
View All
neutral
Business Standard - Markets 45d ago
Balu Forge Industries spikes 10% on aerospace order from US Alpha Aircraft
The buying on the counter came after Balu Forge has received its first commercial purchase order for the supply of precision-engineered components to Alpha Aircraft Systems Inc
ALPHABALUFORGEPRECISIONRSYSTEMSZFCVINDIAAutomobile and Auto ComponentsCapital Goods
NEWS
positive
Business Standard - Markets 46d ago
Balu Forge surges after securing maiden contract from aerospace industry
Balu Forge Industries jumped 7.08% to Rs 499 after the company announced that it has received its first commercial purchase order for the supply of precision engineered components to US-based Alpha Aircraft Systems Inc.
ALPHABALUFORGEPRECISIONRSYSTEMSZFCVINDIAAutomobile and Auto ComponentsCapital Goods
positive
LiveMint - Markets 46d ago
Ashish Kacholia portfolio stock Balu Forge jumps 8% after announcement to foray in aerospace business
Balu Forge share price jumped nearly 8% on May 26 after securing its first aerospace order from Alpha Aircraft Systems Inc. This milestone marks Balu Forge's entry into the aerospace sector, with development and manufacturing now underway following an advance payment received on May 25, 2026.
ADVANCEALPHAARSSBLBALUFORGERSYSTEMSUNIMECHWEALTHCapital GoodsChemicals