Balu Forge Industries Ltd

  • BSE Code : 531112
  • NSE Symbol : BALUFORGE
  • ISIN : INE011E01029
  • Industry :CASTINGS & FORGINGS

up-arrow 643.00 -2.95(-0.46%)

Open Price ()

654.00

Prev. Close ()

645.95

Volume (No’s)

87,210

Market Cap ()

7,240.58

Low Price ()

626.00

High Price ()

654.00

 

Corporate Announcement

16-Jun-2025 Balu Forge Industries Limited - Disclosure under SEBI Takeover Regulations
03-Jun-2025 Balu Forge Industries Limited - Disclosure under SEBI Takeover Regulations
30-May-2025 Balu Forge Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates
29-May-2025 Balu Forge Industries Limited - Updates
26-May-2025 Balu Forge Industries Limited - Allotment of Securities

Stock Summary

Market Cap(₹Cr.)

7,242.26

P/E (TTM)

53.98

Book value ()

88.87

Div Yield (%)

0.02

EPS (TTM)

11.97

Face Value ()

10.00

Technical Analysis

Key Level

Resistance 1

660.43

Resistance 2

674.92

Support 1

619.03

Support 2

592.12

Moving Average

30 Days

665.96

50 Days

627.16

100 Days

592.26

200 Days

677.76

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Balu Forge Industries Ltd 7,242.26 53.98 4.22 102.41 0.02 11.97
Bharat Forge Ltd 61,073.43 42.64 6.14 2624.68 0.67 29.96
AIA Engineering Ltd 30,796.54 30.15 5.72 1592.22 0.49 108.3
PTC Industries Ltd 21,080.64 0 17.28 63.16 0 23.38
CIE Automotive India Ltd 16,900.59 28.89 3.34 904.74 1.57 15.42

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 11712407 10.28
Total Institutions 949391 0.83
Total Govt Holding 4624001 4.06
Total Non Promoter Corporate Holding 8270059 7.26
Total Promoters 62526074 54.85
Total Public & others 25909968 22.73
Total 113991900 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Balu Forge Industries Limited, formerly known as Bell Agromachina Limited was incorporated in March, 1989, The Company name was then changed from Bell Agromachina Limited to Amaze Entertech Limited on November 16, 2016 and further changed to Balu Forge Industries Limited on September 30, 2020. The Company was founded under the leadership of Late Mr. Prehlad Singh Chandock.

Earlier, the Company was dealing in diversified business primarily in areas of Information Technologies and allied operations on its own or joint ventures with others. As an effect of reverse merger with M/s Balu India, a sole proprietary concern which was incorporated in year 1989, it is a preferred supplier of crankshafts to OEMs in India and around the world with manufacturing facilities at Belagavi in Karnataka.

The Company was the first entity in India to mass-produce Crankshafts suitable for Tractor, Trucks and Passenger car applications. The Company developed a very extensive range of components for leading Original Equipment Manufacturers within India and the rest of the world & established a strong aftermarket presence in over 80 countries. The ISO/TS1 6949: 2009 accreditation of units in 2012 by TUV Nord Cert Gmbh added to competitive edge making Balu one of the very few companies to have this...

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