Balu Forge Industries Limited logo

BALUFORGE

NSE
Balu Forge Industries Limited (SMALL CAP)
Industrials>Capital Goods>Industrial Products>Castings & Forgings
448.80
21.20 (4.96%)
High VOLATILITY
As on 12 Jun 2026

Price History

Market Cap
₹5.16K Cr
SMALL CAP
P/E Ratio
19.8
Industry
Castings & Forgings
52-Week Range
52W Low341.05+31.6%
52W High784-42.8%
Current Price
448.80
Circuit Limits (20%)
Lower Circuit359.04
Upper Circuit538.56
Reference Price
448.80

Investment Checklist

Triple Top on 1D (BREAKOUT CONFIRMED) — target ₹492.9
Head and Shoulders on 1D (BREAKOUT CONFIRMED) — target ₹423.5
Trend: Price below most MAs — downtrend | Bearish MA stack (20<50<200)
Composite score -59.89 (STRONG_SELL) with 57.0% confidence
20/50 Bearish Cross detected 5 day(s) ago

Technical Analysis

Technical Analysis

Analysis from 2026-06-12

Confidence
57%

Trend

BEARISH
BEARISH

Price below most MAs — downtrend | Bearish MA stack (20<50<200)

EMA20
467.81
EMA50
475.6
EMA200
536.43

Price Action

MIXED
NEUTRAL
Higher Highs3
Higher Lows4
Lower Highs6
Lower Lows5

Support & Resistance Levels

Resistance (Above)
452.40
458.40
480.00
494.05
512.38
Support (Below)
442.72
431.00
385.00
341.05

Volume Analysis

TrendDECREASING
Change-10.60%
Unusual VolumeNo

Recent MA Crossovers

20/50 Bearish Cross
5 days ago
SELL

Recent Price Gaps

Gap Down
5 days ago • 0.79%
BEARISH

Stop Loss Levels

Fixed Risk

1% Risk444.31
3% Risk435.34
5% Risk426.36
7% Risk (Custom)
417.38

Technical Levels

1x ATR (Volatility)426.52
2x ATR (Swing)404.24
3x ATR (Trend)381.96
Immediate Support442.72

Financials

Financial Analysis

MetricMar '25Jun '25Sep '25Dec '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 & Forgings

Peer Comparison

SymbolNamePriceChange
AIAENGAIA Engineering Limited₹4,333.70+0.35%
HAPPYFORGEHappy Forgings Limited₹1,331.90-1.21%
STEELCASSteelcast Limited₹285.50+1.24%
NELCASTNelcast Limited₹139.34+2.82%
SGILSynergy Green Industries Limited₹550.90-0.06%
INVPRECQInvestment & Precision Castings Limited₹629.80+2.04%
TIRUPATIFLTirupati Forge Limited₹45.12+3.56%
KALYANIFRGKalyani Forge Limited₹599.15-0.15%
MUNISHMunish Forge Limited₹58.75-0.42%
SCMLSharp Chucks and Machines Limited₹78.00+2.23%

Corporate Information

Large Deals

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Bulk, Block and Short deals reported for this stock.

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Corporate Actions

Recent actions

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Ex DatePurposeType
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

View All
DateDescriptionLink
05 Jun 2026
Monitoring Agency Report
05 Jun 2026
Statement of deviation(s) or variation(s) under Reg. 32
02 Jun 2026
Copy of Newspaper Publication
01 Jun 2026
Press Release
31 May 2026
Press Release

Board Meetings

Upcoming and past meetings

View All
DatePurposeLinks
30 May 2026
Financial Results/Other business matters
30 May 2026
Board Meeting Intimation
12 Feb 2026
Board Meeting Intimation
12 Feb 2026
Financial Results/Other business matters
14 Nov 2025
Board Meeting Intimation

Corporate Events

Upcoming results & meetings

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No upcoming events found

We couldn't find any scheduled corporate actions for this symbol at the moment.

Shareholding Pattern

Shareholding Pattern

As of Feb 2026

Current Distribution

Trend (Last 8 Qtrs)

Latest News

News for BALUFORGE

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Balu Forge Industries spikes 10% on aerospace order from US Alpha Aircraft
neutral
Business Standard - Markets 18d 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 18d 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
Ashish Kacholia portfolio stock Balu Forge jumps 8% after announcement to foray in aerospace business
positive
LiveMint - Markets 18d 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

Frequently Asked Questions