Inverse Head & Shoulder (H&S) in Balu Forge - BullishBalu forge has goven an inverse H&S break, which suggests a short term positive move could take it towards 720 from current levels of 655. Right head bottom could be used as SL
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18.60 INR
2.04 B INR
9.06 B INR
33.06 M
About Balu Forge Industries Ltd
Sector
CEO
Jaspalsingh P. Chandock
Website
Headquarters
Mumbai
Founded
1989
ISIN
INE011E01029
FIGI
BBG000FLM8H6
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.
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baluforgeits trying to breakout from the prev resistance level if its able to sustain above 690 levels it can see further upside....immediate support levels 660...targets of 720 ,750, 800 and more
alu Forge Industries Ltd is engaged in the manufacturing of full Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
142 286 327 560 924
130 249 277 441 673
Operating Profit 12 37 50 119 251
OPM % 9% 13% 15% 21% 27%
5 8 13 10 17
Interest 7 5 11 14 11
Depreciation 1 1 1 2 3
Profit before tax 10 39 51 114 254
Tax % 22% 24% 23%
Balu forge in Breakout MoveSymmetrical Triangle Breakout Setup
RSI Trendline breakout
Trading above EMA50
Volume increasing
Good Quarterly result
Disc: for study, not a recommendation
BALU FORGE technical analysisStock Overview: Balu Forge Industries Ltd (NSE) - Current Price: ₹609.70. The company specializes in manufacturing precision-engineered components, catering to industries such as automotive, aerospace, and energy.
Key Levels:
Support: ₹603.55, ₹536.60
Upside Swing Zone: ₹838.80, ₹950.40
Possible Up
Baluforge An ascending triangle is a breakout pattern that forms when the price breaches the upper horizontal trendline with rising volume. It is a bullish formation.
BALUFORGE ANALYSISBaluforge appears promising, with horizontal resistance on the weekly timeframe and declining volume on the daily chart. Consider placing a stop-loss below the recent swing low and targeting a 1:2 risk-to-reward ratio.
BALUFORGE - Is it time for the Surge? Technically, this is a continuation consolidation. Usually Wave 3 which is about to start is considered to be the longest. So fingers crossed🤞.
Balu Forge Industries Limited is a leading Indian company that manufactures crankshafts and other forged components for various industries. The company wa
High probability trade on balu forge around 835-840 levelsIts 5th time it's testing a range of 840-845 levels a long trade can be initiated expecting a breakout this time in the range of 835-840 with minor sl around 825-827 levels for targets of 860++ 885+++ 905++ 954++ 1000 levels Maintain proper sl as risk and rewards are yours
Balu Forge Industries - Rectangle PatternBalu Forge Industries has formed long rectangle pattern. Now, it seems to break the rectangle resistance soon. Volume has risen from last 3 days. Lets us see.
First Cheat entry was above 772 level. Conservative traders may take entry above 870 level.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of BALUFORGE is 637.30 INR — it has decreased by −0.26% in the past 24 hours. Watch Balu Forge Industries Ltd stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Balu Forge Industries Ltd stocks are traded under the ticker BALUFORGE.
BALUFORGE stock has risen by 2.12% compared to the previous week, the month change is a −6.18% fall, over the last year Balu Forge Industries Ltd has showed a −17.47% decrease.
We've gathered analysts' opinions on Balu Forge Industries Ltd future price: according to them, BALUFORGE price has a max estimate of 790.00 INR and a min estimate of 790.00 INR. Watch BALUFORGE chart and read a more detailed Balu Forge Industries Ltd stock forecast: see what analysts think of Balu Forge Industries Ltd and suggest that you do with its stocks.
BALUFORGE reached its all-time high on Sep 24, 2024 with the price of 886.95 INR, and its all-time low was 222.85 INR and was reached on Jun 4, 2024. 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 2.83% volatile and has beta coefficient of 2.64. Track Balu Forge Industries Ltd stock price on the chart and check out the list of the most volatile stocks — is Balu Forge Industries Ltd there?
Today Balu Forge Industries Ltd has the market capitalization of 72.01 B, it has increased by 0.52% over the last week.
Yes, you can track Balu Forge Industries Ltd financials in yearly and quarterly reports right on TradingView.
Balu Forge Industries Ltd is going to release the next earnings report on Nov 17, 2025. Keep track of upcoming events with our Earnings Calendar.
BALUFORGE net income for the last quarter is 340.43 M INR, while the quarter before that showed 626.88 M INR of net income which accounts for −45.69% change. Track more Balu Forge Industries Ltd 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 Ltd dividends might help you take more informed decisions.
Balu Forge Industries Ltd dividend yield was 0.02% in 2024, and payout ratio reached 0.79%. The year before the numbers were 0.07% and 1.53% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Oct 8, 2025, the company has 504 employees. See our rating of the largest employees — is Balu Forge Industries Ltd on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Balu Forge Industries Ltd EBITDA is 2.57 B INR, and current EBITDA margin is 26.04%. See more stats in Balu Forge Industries Ltd 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 Ltd 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 Ltd technincal analysis shows the sell today, and its 1 week rating is sell. 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 Ltd stock shows the neutral signal. See more of Balu Forge Industries Ltd 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.