Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
9.70 INR
936.73 M INR
5.60 B INR
34.93 M
About BALU FORGE INDUSTRIES LTD
Sector
CEO
Jaspalsingh P. Chandock
Website
Headquarters
Mumbai
Founded
1989
ISIN
INE011E01029
FIGI
BBG000FLM706
Balu Forge Industries Ltd. engages in the manufacture and sale of steel forging products. Its customers include some of the renowned suppliers and manufacturers of prototypes, vehicles, commercial vehicles, off-highway vehicles, ships, and locomotives. It operates through the Domestic and Export segments. The company was founded on March 17, 1989 and is headquartered in Mumbai, India.
Medium term trading opportunity in Balu Forge for V. good upsideHi,
NSE:BALUFORGE has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentu
Can this stock break 870 875 levelA long trade can be initiated if 870 -875 levels are broken on upside and maintaining sl around 825-820 levels for target of 920 ++ 944 +++ 988+++ 1020+++
Baluforge - Weekly supportBalu forge - weekly chart
stock take support at 70 % of weekly candle
Volume profile showing more BUY than SALE .
Lets see what will be the Q-2 results
disclaimer :This is not a buy sell recommendation - only for study purpose .
BALUFORGE... Simple and powerful price action setupAfter a pull back #Baluforge is all set to continue its journey.
Goood stock for long term as well as short term gains.
Disc : Invested, for edu only.
Balu forge at 730 sl 705 TArget 788 800A long can be initiated on baluforge for very short term target of 780-800 with sl around 710 levels
Baluforge around 740 levels a strong demand zoneBuy baluforge around 740-750 levels for target of 793++ 820+++ 855+++ keeping the stop loss around 720 725 levels.
BALu Forge - Momentum Breakout CandidateA stock that's got potential to break out into further momentum.
The stock has been one of the out performers in this otherwise weak market..
Buying the stock breaking out into new highs might give some quick gains.
Long above 600 with Stoploss below 570..or intraday 2% below cost for aggressive
BALUFORGE - Ichimoku Breakout📈 Stock Name - Balu Forge Industries Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated A
BALU FORGE Short Term (Positional)Date : 03-07-2024
-------------------------------------
SWING RESEARCH TO OBSERVE
BALU FORGE Looks Good ABOVE 350
SL 175
Target 425, 502, 579, 733
Hold few Months
Please consult your financial advisor before investing
All research for educational purposes only.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of BALUFORGE is 744.25 INR — it has increased by 2.49% in the past 24 hours. Watch BALU FORGE INDUSTRIES LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange BALU FORGE INDUSTRIES LIMITED stocks are traded under the ticker BALUFORGE.
BALUFORGE stock has fallen by −2.32% compared to the previous week, the month change is a 0.90% rise, over the last year BALU FORGE INDUSTRIES LIMITED has showed a 210.10% increase.
BALUFORGE reached its all-time high on Sep 24, 2024 with the price of 890.00 INR, and its all-time low was 52.00 INR and was reached on Aug 26, 2022. View more price dynamics on BALUFORGE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
BALUFORGE stock is 3.87% volatile and has beta coefficient of 0.65. Track BALU FORGE INDUSTRIES LIMITED stock price on the chart and check out the list of the most volatile stocks — is BALU FORGE INDUSTRIES LIMITED there?
Yes, you can track BALU FORGE INDUSTRIES LIMITED financials in yearly and quarterly reports right on TradingView.
BALU FORGE INDUSTRIES LIMITED is going to release the next earnings report on Feb 18, 2025. Keep track of upcoming events with our Earnings Calendar.
BALUFORGE net income for the last quarter is 481.42 M INR, while the quarter before that showed 282.79 M INR of net income which accounts for 70.24% change. Track more BALU FORGE INDUSTRIES LIMITED financial stats to get the full picture.
Yes, BALUFORGE dividends are paid annually. The last dividend per share was 0.15 INR. As of today, Dividend Yield (TTM)% is 0.02%. Tracking BALU FORGE INDUSTRIES LIMITED dividends might help you take more informed decisions.
BALU FORGE INDUSTRIES LIMITED dividend yield was 0.07% in 2023, and payout ratio reached 1.53%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 29, 2024, the company has 445.00 employees. See our rating of the largest employees — is BALU FORGE INDUSTRIES LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BALU FORGE INDUSTRIES LIMITED EBITDA is 1.19 B INR, and current EBITDA margin is 21.64%. See more stats in BALU FORGE INDUSTRIES LIMITED financial statements.
Like other stocks, BALUFORGE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BALU FORGE INDUSTRIES LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BALU FORGE INDUSTRIES LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BALU FORGE INDUSTRIES LIMITED stock shows the buy signal. See more of BALU FORGE INDUSTRIES LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.