Balu Forge Industries Ltd. News and Updates

Keep track of all breaking news on Balu Forge Industries Ltd. from all sources in a single place.

Balu Forge Industries Ltd.

07 Feb 2025

627.95

2.24%

to see Rapid results content

Balu Forge Industries Ltd.

22 Oct 2024

627.95

2.24%

to see Rapid results content

Balu Forge Industries Ltd.

21 Oct 2024

627.95

2.24%

Balu Forge Q2 Results: Profit jumps 2-fold to Rs 48.1 Crore In September Quarter

NDTV Profit

The Indian precision engineering industry is on the verge of its next significant growth phase, driven by a rapid transformation as companies globally embrace the China+1 strategy to mitigate supply chain risks.

Balu Forge Industries Ltd. is trading above its 50 day SMA of 559.1

Balu Forge Q2 results: Net profit jumps more than two-fold to Rs 48.1 crore

Business Standard | 21 Oct 2024

Balu Forge Industries Ltd.

24 Sep 2024

627.95

2.24%

Balu Forge Industries shares jump 11%, hit all time high; here's why

Business Standard

Shares of Balu Forge Industries soared up to 11.37 per cent, hitting their lifetime high at Rs 890 per share on the BSE in Tuesday's intraday trade

Number of FII/FPI investors increased from 32 to 50 in Dec 2024 qtr.

Balu Forge Industries Ltd.

30 Jul 2024

627.95

2.24%

Balu Forge Q1 result: PAT up over two-fold at Rs 34.16 cr on higher income

Business Standard

Precision engineering and manufacturing firm Balu Forge on Monday said its on-year net profit grew over two-fold to Rs 34.16 crore in the April-June quarter this year, driven by higher income. The company had posted a net profit of Rs 16.67 crore in the April-June period of FY24. The company said revenue from operations for the reporting quarter stood at Rs 175.3 crore, up 56 per cent from Rs 112.38 crore in the first quarter of the earlier fiscal, helped by focus on client addition and continued demand for the specialised engineering products. The company's EBITDA (Earnings before interest, taxes, depreciation and amortization) grew by 97.31 per cent, while margins expanded by 516 bps from 19.48 per cent in Q1FY24 to 24.64 per cent in Q1FY25, on account of increase in scale of operations and increased demand for heavier products which tend to yield better margins, Balu Forge said. "Our robust financial performance was an outcome of our dedicated strategy implementation focused on