Balu Forge Industries Shows Signs of Recovery Amid Ongoing Market Volatility
Balu Forge Industries saw a significant increase on February 19, 2025, reversing a week of losses and outperforming its sector. Despite today's gains, the stock remains below key moving averages and has declined 25.50% over the past month, reflecting volatility in the midcap segment of the market.
Balu Forge Industries has experienced a notable uptick of 5.45% on February 19, 2025, marking a significant turnaround after a week of consecutive declines. The stock's performance today outpaced its sector by 5.99%, indicating a positive shift in market sentiment. Throughout the trading session, Balu Forge reached an intraday high of Rs 525.15, reflecting a gain of 5.61%, while it also recorded a low of Rs 483.75, which represented a decline of 2.71%.Despite today's gains, Balu Forge Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging trend in the longer term. Over the past month, the stock has faced a decline of 25.50%, contrasting sharply with the Sensex, which has only dipped by 1.10%. This performance highlights the stock's volatility and the broader market dynamics affecting midcap companies in the miscellaneous industry. Balu Forge Industries remains a part of the Reliable Performers category on MarketsMOJO since October 31, 2023.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
