Long investment candidate taking a major support.Trading at a PE under 25 , revenue focus from Europe, the company has posted has reported solid revenue and profit growth in recent quarters. $BALU can be a multibagger in a few months.
Long
Balu Forge Industries Ltd
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Next report date
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Report period
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EPS estimate
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20.55 INR
2.04 B INR
9.06 B INR
43.89 M
About Balu Forge Industries Ltd
Sector
CEO
Jaspalsingh P. Chandock
Website
Headquarters
Mumbai
Founded
1989
IPO date
May 1, 1994
Identifiers
2
ISIN INE011E01029
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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Long
# Balu Forge Industries Ltd balu Forge Industries Ltd is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and Forged Components
keep eye on it with good fundamentals
Long
BALUFORGE – Falling Channel Reversal SetupTimeframe: Daily
Price has been moving in a falling channel for months
Every time it touched the upper trendline, sellers became aggressive 😡
Every time it hit the lower trendline, buyers stepped in with confidence 😊
A strong bullish reversal right at the support line — and volume exploded.
This is
Long
Balu Forge1x 2x 3x 4x 5x 10x
7 Months CLose Greater than 35
1) Super COnsolidation
2) Big Breakout on Cards
3) Lets see
Long
BALUFORGE – Downward Sloping Trendline Breakout AnalysisPrice Action:
Baluforge has broken above a steady downward-sloping trendline, signaling a potential trend reversal from short-term weakness to renewed bullish momentum.
🔍 Key Technical Signals
1️⃣ Trendline Breakout Confirmed
The stock had been making lower highs, respecting the falling trendline
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
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
Long
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
Long
See all ideas
Summarizing what the indicators are suggesting.
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Oscillators
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Summary
Neutral
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Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
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 466.85 INR — it has decreased by −0.53% 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 13.04% compared to the previous week, the month change is a −1.09% fall, over the last year Balu Forge Industries Ltd has showed a −21.33% decrease.
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 3.28% volatile and has beta coefficient of 1.46. 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 53.25 B, it has increased by 3.36% 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 May 20, 2026. Keep track of upcoming events with our Earnings Calendar.
BALUFORGE net income for the last quarter is 710.91 M INR, while the quarter before that showed 650.36 M INR of net income which accounts for 0.00% 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 0.03%. 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 Apr 12, 2026, 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 2.91 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 neutral 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 sell 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.