Balu Forge Industries Share Price

Small Cap | Engineering | NSE: BALUFORGE | BSE: 531112

₹511.90 image-25.65 (-4.77 %)

Last Updated: 30 Apr 2025 03:59 PM

Technicalsimage BEARISHimage

Overview

Open (₹) 540.00

High (₹) 540.05

Low (₹) 510.00

Prev. Close (₹) 537.55

Volume 4,28,746

VWAP (₹) 609.20

ROCE (%) 22.02

Industry P/E 43.06

TTM P/E 33.83

P/B Ratio 9.50

Market Cap (₹) Cr.5,737.98

Dividend Yield (%)--

EPS (₹) 9.74

ROE18.07%

Sales Growth (%) 71.40

Profit Growth (%)140.73

Day Range

540.05540.05

L
H

52 Week Range

223.00890.00

L
H

Historical Returns

Returns (6M)

-30.15 %

Returns (1Y)

80.95 %

Returns (3Y)

85.81 %

Returns (5Y)

85.81 %

Returns (6M)

-30.15 %

Returns (1Y)

80.95 %

Returns (3Y)

85.81 %

Returns (5Y)

85.81 %

SWOT Analysis

  • Company with (108.57%) TTM EPS Growth
  • Company with Low Debt
  • Book value per share improving over the last 2 years
  • Efficient in managing Assets to generate Profits - ROA improved since last year
  • Company with 108.57% positive TTM EPS growth
  • Increasing Annual Revenue for Past 2 Years
  • Growth in Net Profit Margin (QoQ)
  • Growth in Annual Net Profit with increasing Profit Margin (YoY)
  • Increasing Revenue every Quarter for the past 4 Quarters
  • Bullish MACD crossover (12,6,9) indicates potential upward price movement.

Technicals
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Technical Rating

Trendimage  BEARISH
Moving Averages
Technical Indicators
Bearish
Bullish

RSI 41.46

MFI 52.38

ATR 46.50

Commodity Channel Index 11.48

ROC125 -20.34

ROC21 36.72

Williams %R -52.01

Resistance & Support
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TypeResistance 1 Resistance 2 Resistance 3 PP Support 1 Support 2 Support 3
Current631.79653.87678.74606.92584.84559.97537.89
Week Ago634.95655.80684.60606.15585.30556.50535.65
Month Ago448.64461.67469.49440.82427.79419.97406.94

EMA & SMA
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511.90

Current Price

EMA & SMApin

Bullish Moving Averages

0

Bearish Moving Averages

20

5 Day 616.36


9 Day 622.35


10 Day 621.11


12 Day 624.19


14 Day 619.10

20 Day 588.64


26 Day 563.56


50 Day 563.01


100 Day 649.74


200 Day 643.12

Deals & Announcements

Bulk and Block Deals

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
GRAVITON RESEARCH CAPITAL LLPbulkSell24th Mar, 2025₹652.976,95,520NSE
GRAVITON RESEARCH CAPITAL LLPbulkBuy24th Mar, 2025₹652.846,95,584NSE
EBENE GLOBAL OPPORTUNITY FUNDbulkSell24th Sept, 2024₹803.365,30,000NSE
GRAVITON RESEARCH CAPITAL LLPbulkSell26th Aug, 2024₹805.085,31,723NSE
GRAVITON RESEARCH CAPITAL LLPbulkBuy26th Aug, 2024₹804.875,31,723NSE

Insider Trading

DateNameActionAvg. PriceQuantityDeal Value
4th Apr, 2025JAIKARAN JASPALSINGH CHANDOCKAcquisition₹183.6013,25,000NSE
20th Mar, 2025TRIMAAN JASPALSINGH CHANDOCKAcquisition₹183.6013,25,000NSE
11th Sept, 2024TRIMAAN JASPALSINGH CHANDOCKAcquisition₹90.0015,00,000NSE
11th Sept, 2024JAIKARAN JASPALSINGH CHANDOCKAcquisition₹90.0015,00,000NSE
11th Sept, 2024TRIMAAN JASPALSINGH CHANDOCKDisposal14,67,132NSE
11th Sept, 2024JAIKARAN JASPALSINGH CHANDOCKDisposal15,32,882NSE
11th Sept, 2024JASPALSINGH PREHLADSINGH CHANDOCKAcquisition30,00,014NSE
11th Sept, 2024TRIMAAN JASPALSINGH CHANDOCKDisposal₹0.0014,67,132NSE
11th Sept, 2024JAIKARAN JASPALSINGH CHANDOCKDisposal₹0.0015,32,882NSE
11th Sept, 2024JASPALSINGH PREHLADSINGH CHANDOCKAcquisition₹0.0030,00,014NSE

Corporate Actions

Announcement DateSubjectEx - DateRecord Date
30th Jul, 2024Rs.0.1500 per share(1.5%)Final Dividend20th Sept, 202420th Sept, 2024
2nd Nov, 2021Rs.0.1000 per share(1%)Interim Dividend17th Nov, 202118th Nov, 2021

Announcements

DateSourceDetail
25th Apr, 2025NSE IndiaBalu Forge Industries Limited has informed the Exchange regarding Proceedings of Postal Ballot
25th Apr, 2025BSE IndiaIntimation under Regulation 30 of SEBI (LODR) regulations, 2015: Proceedings of the Postal Ballot.
25th Apr, 2025BSE IndiaDisclosure of Voting Results of the Postal Ballot in accordance with Regulation 44(3) of the SEBI (LODR) Regulations, 2015, along with the Scrutinizer''s Report.
25th Apr, 2025NSE IndiaBalu Forge Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
21st Apr, 2025NSE IndiaBalu Forge Industries Limited has informed the Exchange about General Updates
21st Apr, 2025BSE IndiaPursuant to Regulation30 of SEBI (LODR) Regulations, 2015, this is to inform you that the Company has engaged:\r\n\r\nChurchgate Advisory Private Limited (\Churchgate Investor Relations\) as an investor relations advisor of the Company.
9th Apr, 2025NSE IndiaBalu Forge Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
9th Apr, 2025BSE IndiaPursunat to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith Confirmation Certificate dated April 01, 2025, for the quarter ended March 31, 2025.
8th Apr, 2025BSE IndiaIn terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, please find herewith attached Investor Presentation made by the Company to Investor / Analyst at Factory Visit held today i.e, Tuesday, April 08, 2025.
8th Apr, 2025NSE IndiaBalu Forge Industries Limited has informed the Exchange about Investor Presentation

Board Meetings

PurposeDetailsMeeting DateBroadcast Date
Quarterly Results & OthersTo consider other business matters30th Jan, 20257th Feb, 2025
Quarterly Results--15th Oct, 202421st Oct, 2024
Quarterly Results & Final Dividend--25th Jul, 202430th Jul, 2024
Preferential issue of shares--13th Jul, 202416th Jul, 2024
Audited Results--8th May, 202414th May, 2024
Quarterly Results--30th Jan, 20243rd Feb, 2024
Quarterly Results--20th Oct, 202331st Oct, 2023
Quarterly Results--7th Aug, 202311th Aug, 2023
Preferential issue of shares--23rd Jun, 202321st Jun, 2023
Audited Results--4th May, 20239th May, 2023

Share Holding Pattern

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Owner NameApr, 2025Dec, 2024Dec, 2023Dec, 2022Dec, 2021
Promoter Group55.78%54.71%56.07%65.41%64.62%
Foreign Institutions +6.98%6.93%8.77%11.59%11.98%
Domestic Institutions +1.06%0.97%1.95%0%0%
Government4.13%4.23%0%0%0%
Public32.05%33.16%33.21%23%23.4%
Others0%0%0%0%0%

About Balu Forge Industries

Balu Forge Industries is a Public Limited Listed company incorporated on 17/03/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29100MH1989PLC255933 and registration number is 255933. Currently Company is involved in the business activities of Manufacture of other transport equipment. Company’s Total Operating Revenue is Rs. 388.08 Cr. and Equity Capital is Rs. 102.59 Cr. for the Year ended 31/03/2024.

Parent Organisation

Not Applicable

Founded

1989

Managing Director

Mr. Jaspalsingh Chandock

NSE Symbol

BALUFORGE

Balu Forge Industries Management

NameDesignation
Mr. Jaspalsingh ChandockChairman & Managing Director
Mr. Trimaan Jaspalsingh ChandockExecutive Director
Mr. Jaikaran Jaspalsingh ChandockExecutive Director
Mr. Radheshyam SoniIndependent Director
Ms. Shalu BhandariIndependent Director
Mr. Raghavendra Raj MehtaIndependent Director

Peer Comparison

StocksMarket CapMarket Price52 Week Low-High
Thermax₹39,217.91₹3,291.30 image
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₹2,930.050 - ₹5,835.000
PTC Industries₹19,170.69₹12,794.00 image
₹13,590.00(-5.86%)
₹7,025.050 - ₹17,978.000
Ircon International₹14,356.97₹152.65 image
₹157.23(-2.91%)
₹134.300 - ₹351.650
Craftsman Automation₹10,986.21₹4,605.30 image
₹4,881.10(-5.65%)
₹3,700.000 - ₹7,107.150
Azad Engineering₹10,191.64₹1,578.10 image
₹1,578.00(0.01%)
₹1,128.400 - ₹2,080.000

FAQs on Balu Forge Industries

What is the share price of Balu Forge Industries?

The share price of Balu Forge Industries on 30th Apr, 2025 is ₹ 511.90.

What is 52W high and 52W low share price of Balu Forge Industries?

The highest and lowest 52W share prices of Balu Forge Industries are ₹ 890.000 and ₹ 223.000

What is the market cap of Balu Forge Industries?

The market capitalization of Balu Forge Industries as of 30th Apr, 2025 is ₹ 5,737.98 Crores

What is the P/E ratio of Balu Forge Industries?

The current P/E ratio of Balu Forge Industries as of 30th Apr, 2025 is 43.06

What is the PB ratio of Balu Forge Industries?

The PB ratio of Balu Forge Industries as of 30th Apr, 2025 is 9.50

Top Gainers

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Top Losers

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Market Indices

Sensex

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Source : Dion Global Solutions Limited