logo

Sector: General Industrials

|

Mid Cap

Balu Forge Share Price

BALUFORGE

635

25.40(4.17%)
26th Aug 2026 | 3:28 PM
NSE : BALUFORGE
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Balu Forge Performance

Price Movement

₹635.00

₹625.00

₹646.55

Today's LowToday's High

1 Year Performance

₹635.00

₹341.05

₹697.00

52 Week Low52 Week High

Markets Today

High₹646.55
Low₹625.00
Open at₹625.00
Prev Close₹609.60
Volumes49.29 L
Avg Price₹638.77
Lower Circuit₹487.70
Upper Circuit₹731.50

Historical Performance

3M High₹638.00
3M Low₹422.60
1 Yr High₹697.00
1 Yr Low₹341.05
3 Yr High₹886.95
3 Yr Low₹222.85
5 Yr High₹886.95
5 Yr Low₹222.85

Summary

As of 26-08-2026 21:13, Balu Forge Industries Ltd. share price today is ₹0, with a change of ₹-609.60 (-100.00%) from the previous close of ₹609.6. The stock opened at ₹625 and traded between ₹625 and ₹646.55, with a total traded volume of 4929020 shares. The company has a market capitalization of ₹7400.1 Cr in the General Industrials sector. while its 52-week high and low are ₹697 and ₹341.05, respectively.

Balu Forge Industries Ltd. valuation metrics include a P/E ratio of 27.6, EPS of ₹23.9, and book value of ₹4.50. Profitability indicators show ROE of 16.23%. Balu Forge Industries Ltd. has reported revenue of ₹1174.89 Cr and net profit of ₹267.95 Cr.

Balu Forge Industries Ltd. technical indicators include Day RSI at 75.42, Day MFI at 94.65, Day ADX at 33.25. Additional indicators include Commodity Channel Index (CCI) at 172.1 and Williams %R at -14.46. Momentum indicators show Day MACD at 36.64, Day MACD Signal Line at 20.5, DayATR at 25.55. Rate of Change indicators for Balu Forge Industries Ltd. include ROC125 at 25.95 and ROC21 at 38.62.

Exponential moving averages include EMA5 at ₹581.6, EMA10 at ₹547.9, EMA12 at ₹538.3, EMA20 at ₹512.7, EMA26 at ₹501.6, EMA50 at ₹483.3, EMA100 at ₹481, EMA200 at ₹502.5. Simple moving averages include SMA5 at ₹576.3, SMA10 at ₹534, SMA20 at ₹491.6, SMA30 at ₹474.9, SMA50 at ₹468.1, SMA100 at ₹474.8, SMA150 at ₹465.7, SMA200 at ₹499.8.

Support levels for Balu Forge are placed at First Support ₹602.13, Second Support ₹594.67, Third Support ₹582.33. Resistance levels are seen at First Resistance ₹621.93, Second Resistance ₹634.27, Third Resistance ₹641.73. Balu Forge Industries Ltd. shareholding pattern shows promoter holding at 53.51%, FII holding at 5.04%, DII holding at 0%, public holding at 36.64%.

Balu Forge Fundamentals

Market Cap
Above industry Median
7,400.10 Cr.
PE Ratio (TTM)
Above industry Median
27.60
Dividend Yield
0
Net Profit TTM
18.1% incr over last year
267.95
Net Profit Growth
18.1% incr over last year
267.95
PEG Ratio
Above industry Median
1.50
ROE
16% decr over last year
16.23
Operating Revenue TTM
1,174.89
Operating Revenue Growth
19.7% incr over last year
Book Value
Above industry Median
4.50
MFI
MFI strongly Overbought
94.65
RSI
RSI Overbought
75.42
EPS (TTM)
23.90
Debt to Equity
0.08
Face Value
10
Operating Profit Margin Qtr.
26.27
Operating Profit Qtr.
84.77
Net Profit Qtr.
66.09
Operating Revenue Qtr.
300.71
PB Ratio
4.50

Balu Forge Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Jun 2026
Mar 2026
Dec 2025
Sep 2025
Jun 2025
Total Revenue175.01159.31171.20166.91150
Operating Expense117.62120.32119.34113.73101.26
Operating Profit57.3938.9951.8653.1848.75
Depreciation3.143.032.771.991.53
Interest4.594.785.364.022.22
Tax14.649.689.5714.8813.01
Net Profit37.7945.0538.5435.5834.04

Balu Forge Technicals

Balu Forge Industries Ltd. EMA & SMA

635.00

2.80 (0.44%)

Bullish Moving Average

16

Bearish Moving Average

0

Day EMA5 ₹581.6
Day EMA10 ₹547.9
Day EMA12 ₹538.3
Day EMA20 ₹512.7
Day EMA26 ₹501.6
Day EMA50 ₹483.3
Day EMA100 ₹481
Day EMA200 ₹502.5

Balu Forge Support and Resistance

Resistance

First Resistance₹621.93
Second Resistance₹634.27
Third Resistance₹641.73

Support

First Support₹602.13
Second Support₹594.67
Third Support₹582.33

Technical Indicators

Day RSI75.42
Day MFI94.65
Day ADX33.25
Day Commodity Channel Index172.10
William-14.46
Day MACD36.64
Day MACD Signal Line20.50
Day ATR25.55
Day ROC12525.95
Day ROC2138.62

About Balu Forge Industries Limited Stock Share Price

Overview 

Balu Forge Industries Limited, with its corporate operations in Mumbai, functions as a manufacturer and supplier of precision-engineered products, crankshafts, and forging components for a wide range of end-user industries. The company was incorporated in 1989 and is headquartered in Mumbai, India. Balu Forge Industries provides a comprehensive range of fully finished and semi-finished forged components including crankshafts, railway wheels, under carriages, transmission and clutches, chassis, hydraulic motors, brake parts, lifting hooks, towing accessories, turbine blades, and oil and gas flow control products. The company was the first in India to mass-produce crankshafts for tractors, trucks, and passenger vehicles, and operates with ISO/TS16949:2009 certification. 

Balu Forge Industries share price on BSE signifies how market participants react to the company’s operational performance and the overall developments in the forging and engineering sector. The company’s financial health depends on demand for forged components from automotive, railway, defence, and industrial sectors, manufacturing efficiency, raw material costs, and the performance of its production operations. Balu Forge Industries stock price is influenced by various factors such as earnings, fluctuations in steel prices, regulatory changes in manufacturing policy, and currency exchange rates. In the longer run, strategies such as expanding manufacturing capacity, entering new product segments, and strengthening export capabilities affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements. 

Balu Forge Industries live share price provides real time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Balu Forge Industries live price helps in observing short term price volatility and shows how a stock moves relative to the broader engineering and forging indices. Furthermore, monitoring Balu Forge Industries stock price movements helps investors understand real time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook. 

Balu Forge Industries Limited Company Fundamentals 

A. Company Background

Balu Forge Industries Limited was incorporated in March 1989 as Bell Agromachina Limited. The company’s name was 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 is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and forged components. The company was the first in India to mass-produce crankshafts for tractors, trucks, and passenger vehicles. The company operates with ISO/TS16949:2009 certification. Corporate functions are managed from its administrative offices in Mumbai. 

B. Company Product Lines

  • Automotive Components 
  • Crankshafts for tractors, trucks, and passenger vehicles 
  • Transmission and clutches, chassis 
  • Brake parts, hydraulic motors 
  • Railway Components 
  • Railway wheels and under carriages 
  • Defence Components 
  • Defence components and forged parts 
  • Industrial Components 
  • Lifting hooks, towing accessories 
  • Turbine blades 
  • Oil and gas flow control products 
  • New Capabilities 
  • 7 Axis CNC machining capability 
  • Components for new energy and mobility industry 

C. Company Revenue Model

  • Domestic Sales 
  • Revenue generated through forged component sales in India 
  • Export Sales 
  • Contribution from international clients 
  • Manufacturing Revenue 
  • Income from forging and precision engineering 
  • Institutional Contracts 
  • Supply agreements with automotive, railway, and defence clients 

D. Geographic Presence

  • Global Headquarters 
  • Primary administrative and management functions based in Mumbai, India 
  • Manufacturing Operations 
  • Facilities in Kakati Industrial Area, Belgaum 
  • Export Markets 
  • International markets 

E. Key Milestones

  • 1989 – Incorporation: The company was incorporated as Bell Agromachina Limited 
  • 2020 – Name Change: The company changed its name to Balu Forge Industries Limited 
  • 2024 – Capability Expansion: The company acquired and introduced 7 Axis CNC machining capability 
  • 2024-2025 – Financial Performance: Consolidated net profit rose significantly 

F. Industry Perspective

The forging and precision engineering industry is closely linked to demand from automotive, railway, defence, and industrial sectors. Demand trends are influenced by economic activity, automobile production, infrastructure development, and defence spending. The industry is also affected by fluctuations in raw material prices, particularly steel costs, along with currency exchange rates and regulatory changes. Companies in the sector must manage manufacturing efficiency, quality standards, and cost control while maintaining operational flexibility. These factors collectively influence financial performance and investor perception of firms like Balu Forge Industries. 

Balu Forge Industries Limited Stock Market Presence: Listings & Index Representation 

Balu Forge Industries Limited is listed on the Bombay Stock Exchange with the scrip code BALUFORGE. Balu Forge Industries share price is actively traded on the exchange. The company’s market presence is within the small-cap segment of the market. Due to its size and sector focus, Balu Forge Industries share price is generally tracked by investors interested in the forging and engineering sector. 

Balu Forge Industries Limited is part of several broad-based and sector-specific stock market indices, reflecting its position as a forging company in India. It finds representation in indices based on its market standing. Balu Forge Industries stock price is monitored by investors tracking the engineering and manufacturing sectors. The company’s presence in these indices helps investors track the stock relative to other forging companies. Balu Forge Industries stock price is observed by market participants as an indicator of the performance of the forging sector in India. 

Balu Forge Industries Limited Stock Performance and Share Price History 

Balu Forge Industries share price on the BSE reflects its position as a precision forging manufacturer in India. Its performance is qualitatively driven by factors such as manufacturing output, management of raw material costs, growth in customer base, and the ability to maintain quality standards. Investors compare Balu Forge Industries share price movement with other forging companies to assess relative strength. 

These underlying factors become visible through real market movements across different time periods. Similar trends appear during earnings driven price changes. Broader sector strength has also supported Balu Forge Industries share price at certain times. Beyond operational and sector influences, corporate actions such as the company’s expansion into new product categories and manufacturing capabilities can significantly affect share price movements by shaping future growth expectations. This shows how strategic initiatives may trigger short term swings, even within a regulatory environment influenced by automotive and industrial demand cycles. 

While short term movements respond to events and announcements, longer term valuation trends are better captured by Balu Forge Industries share price annual high and low levels, offering context beyond daily or weekly changes. A notable peak indicates stronger automotive and industrial demand and stable margins, whereas a significant low aligns with market corrections or sector volatility. These extremes reflect the impact of economic conditions, steel price fluctuations, and earnings visibility, providing a framework for understanding historical performance. 

Balu Forge Industries share price behaviour mirrors the trading patterns of a forging company within India’s industrial ecosystem. The company’s diversified product portfolio spanning automotive, railway, and defence components has shaped its price history. Over the past several years, Balu Forge Industries share price has experienced periods of sharp gains followed by phases of consolidation. Balu Forge Industries share price has shown certain volatility patterns reflecting the cyclical nature of its manufacturing operations. 

The company’s performance has closely tracked automotive production and industrial demand cycles. Positive momentum appeared during periods of strong automobile production and industrial activity. However, periods of weak automotive demand and intensified competition have led to consolidation in Balu Forge Industries share price. Balu Forge Industries share price faced selling pressure when steel costs showed significant increases, reflecting structural challenges in managing input cost volatility in the manufacturing sector. 

Despite macroeconomic disruptions, Balu Forge Industries share price showed resilience during recovery phases. While the broader engineering sector faced supply chain challenges, the company’s diversified product base and advanced manufacturing capabilities helped Balu Forge Industries share price recover from lows. The company maintains a skilled workforce and continues to invest in expanding its manufacturing capabilities. 

Balu Forge Industries share price has declined for several recurring reasons. A drop in automotive production or lower forging orders directly impacts revenue visibility and leads to selling pressure. Changes in government policy on manufacturing or trade can also cause Balu Forge Industries share price to fall. Moreover, increases in operational costs such as raw material prices without matching productivity gains squeeze margins, making Balu Forge Industries share price less attractive. Periods of economic slowdown that affect industrial production raise concerns about demand pipelines, leading to price declines. Balu Forge Industries share price is sensitive to currency exchange rate movements. Broader market sell offs in engineering stocks also pull the price down, regardless of the company’s individual performance. 

Balu Forge Industries stock price has seen downward pressure when the company reported fluctuations in profit margins. Balu Forge Industries stock price movements often mirror broader engineering sector trends. Balu Forge Industries stock price can be impacted by changes in steel prices and client retention rates. Balu Forge Industries stock price has historically shown sensitivity to automotive production. Balu Forge Industries stock price may also be affected by the company’s ability to maintain its competitive edge in crankshaft forging. Balu Forge Industries stock price performance is closely watched by investors tracking the engineering segment. Balu Forge Industries stock price has moved within a range reflecting the broader market correction in engineering stocks. 

Balu Forge Industries Limited Investor Relevance and Role in Portfolio 

Balu Forge Industries Limited is a holding in engineering and manufacturing sector portfolios, offering exposure to precision forging, crankshafts, and railway components. Its presence in the forging space underscores its importance in India’s manufacturing sector. The company’s position as a leading manufacturer of forged components with advanced CNC capabilities makes it a consideration for long term allocations. 

Balu Forge Industries share price is influenced by the company’s ownership structure. The company’s equity is held by a broad mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s engineering sector. The company’s management includes directors who oversee the company’s forging operations. This investor base, with stable promoter participation, underscores the company’s role as a holding in both domestic and international portfolios concentrating on engineering services. 

Beyond fundamentals and ownership, Balu Forge Industries share price is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on automotive demand, raw material costs, and regulatory policy actions. Balu Forge Industries stock price is available for trading on the major Indian exchange, allowing investors to take positions based on their outlook for the engineering sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements. 

Technical indicators provide additional insight into short term momentum shifts in Balu Forge Industries share price. While these indicators are primarily used for near term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short term and weekly timeframe, the stock has exhibited price movements that correlate with broader engineering sector trends. The company’s financial position reflects its operational performance in the manufacturing segment. 

Overall, Balu Forge Industries demonstrates a certain volatility profile compared to the broader market, with the stock generally considered to have exposure to sector specific factors such as automotive demand, steel prices, and currency fluctuations. Balu Forge Industries share price is influenced by these factors. Balu Forge Industries stock price reflects the company’s position in the forging manufacturing space. 

Balu Forge Industries Limited Sectoral Relevance and Peer Positioning 

Balu Forge Industries Limited sector relevance stems from its presence in the forging and precision engineering industry, its position as the first company in India to mass-produce crankshafts for tractors, trucks, and passenger vehicles, its portfolio covering fully finished and semi-finished forged crankshafts, railway wheels, under carriages, transmission and clutches, chassis, hydraulic motors, brake parts, lifting hooks, towing accessories, turbine blades, and oil and gas flow control products, its ISO/TS16949:2009 certification, its advanced 7 Axis CNC machining capability, its focus on defence, railway, and new energy mobility components, and its status as a forging company with diversified product offerings. Peer comparisons with companies in the forging and engineering sector focus on manufacturing capacity, product quality, and operational scale rather than short term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of automotive production, industrial demand, and raw material prices further highlights Balu Forge Industries positioning within the broader forging market. 

Balu Forge Industries market cap highlights its position as a player within the forging sector. The company’s market capitalization has moved in line with investor perceptions of the company’s growth potential following its expansion into new product categories and manufacturing capabilities. From earlier periods through more recent times, the market cap showed trends as the company expanded its manufacturing capabilities. This pattern reflects investor confidence during favourable industrial cycles, followed by consolidation during challenging periods impacted by macroeconomic headwinds. This movement mirrors the correction in Balu Forge Industries share price from its highs to recent levels. 

Balu Forge Industries earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed trends supported by the core forging and precision engineering businesses. The company’s revenue from operations showed movements supported by demand across various customer segments. Profit after tax demonstrated operational performance. However, the company has faced headwinds from fluctuating steel prices, intensified competition, and reduced industrial demand in certain segments. However, the company has expanded into new product categories and continues to invest in manufacturing capabilities. These developments illustrate the evolving nature of the forging industry and the company’s position within this sector. 

Balu Forge Industries EPS provides insight into its operational performance and income generation from forging activities. The company reported earnings that varied based on industrial cycles and client spending patterns. The earnings per share has shown movements over time as the company navigated changing market conditions. The company has a face value per share. More recent quarterly performance suggests that EPS has shown movements as the company benefits from operational efficiency and revenue growth. 

Balu Forge Industries P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from forging. The current valuation compared to industry averages indicates how the market assesses the company’s earnings potential. The company’s profit after tax has shown variations across recent fiscal periods based on operational performance. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a dynamic industry undergoing structural transformation. Balu Forge Industries share price continues to be watched by market participants. 

Summary 

Balu Forge Industries Limited, headquartered in Mumbai, operates as a precision forging manufacturer of crankshafts, railway wheels, and industrial components for automotive, railway, and defence sectors. The company, incorporated in 1989, serves clients across domestic and international markets. Balu Forge Industries share price reflects market perceptions of the company’s manufacturing capabilities and product quality. Balu Forge Industries stock price movements are influenced by automotive production, steel prices, and industrial demand, making it a consideration for investors tracking the forging and engineering sector. 

Balu Forge Shareholding Pattern

Held ByMar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter55.254.854.854.954.453.5
FII7.18.28.37.965
DII5.24.94.94.94.94.8
Public32.43231.932.334.736.6

Balu Forge Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day7.03 L29.01 L24.23%
Week9.46 L47.88 L19.76%
1 Month6.13 L23.85 L25.72%
6 Month3.6 L10.21 L35.20%

Balu Forge SWOT Analysis

Strengths16
Weakness6
Opportunity1
Threats0

Benjamin Graham Value Screen

Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Companies with 10% increase in share price over three months, with rising net profit growth

Strong Momentum: Price above short, medium and long term moving averages

Relative Outperformance versus Industry over 1 Month

Annual Profit Growth higher than Sector Profit Growth

PEG lower than Industry PEG

High Momentum Scores (Technical Scores greater than 50)

Relative Outperformance versus Industry over 1 Week

Relative Outperformance versus Industry over 1 Month

Overbought by Money Flow Index (MFI)

Companies with Low Debt

Annual Net Profits improving for last 2 years

Book Value per share Improving for last 2 years

Stock gained more than 20% in one month

Insiders bought stocks

Balu Forge Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
19 Sep, 20250.15FINAL19 Sep, 2025Equity Share
20 Sep, 20240.15FINAL20 Sep, 2024Equity Share
17 Nov, 20210.1INTERIM18 Nov, 2021Equity Share

Balu Forge Stock Comparison

Financials
Price (₹)₹592.05₹531₹577.95₹952₹251.66₹2,850
% Change0.86%-0.15%0.16%-1.88%-1.39%4.32%
Revenue TTM (₹ Cr)-₹3,175.74₹574.75₹3,712.49₹1,370.41₹2,083.89
Net Profit TTM (₹ Cr)-₹281.12₹103.88₹129.66₹-170.22₹183.57
PE TTM-23.9068.7050.70-100.5073.60
1 Year Return38.1234.63154.19152.66105.810.87
ROCE47.8411.1818.34-0.90-

FAQ's on BALUFORGE

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy