Balu Forge

Market Cap: Small Cap
Industry: Castings & Forgings
ISIN: INE011E01029
NSEID: BALUFORGE
BSEID: 531112
View on NSE | View on BSE

INR

578.35

-43.5 (-7.0%)

BSENSE

Sep 02, 04:01 PM

BSE+NSE Vol: 24.27 lacs

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  "main_header": {
    "sid": 530936,
    "name": "Balu Forge",
    "stock_name": "Balu Forge",
    "full_name": "Balu Forge Industries Ltd",
    "name_url": "stocks-analysis/balu-forge",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "578.35",
    "chg": -43.5,
    "chgp": "-7.0%",
    "dir": -1,
    "prev_price": "621.85",
    "mcapval": "7,020.70 Cr",
    "mcap": "Small Cap",
    "scripcode": 531112,
    "symbol": "BALUFORGE",
    "ind_name": "Castings & Forgings",
    "ind_code": 67,
    "sector_id": 8,
    "indexname": "India SENSEX",
    "isin": "INE011E01029",
    "curr_date": "Sep 02, 04:01 PM",
    "curr_time": "16:21 PM",
    "last_traded_at": "Sep 02, 04:01 PM IST",
    "bse_nse_vol": "24.27 lacs",
    "exc_status": "Active",
    "traded_date": "Sep 02, 2026",
    "traded_date_str": "2026 09 02",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Balu Forge Industries Ltd Hits Intraday Low Amid Price Pressure on 2 Sep 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-hits-intraday-low-amid-price-pressure-on-2-sep-2026-4179749",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/BaluForgeIndust_priceRelatedfactors_4179749.png",
        "date": "2026-09-02 11:16:15",
        "description": "Balu Forge Industries Ltd experienced a notable intraday decline on 2 Sep 2026, touching a low of Rs 578, down 7.05% from previous levels. The stock underperformed its sector and broader market indices, reflecting immediate selling pressure and subdued market sentiment within the Castings & Forgings industry."
      },
      {
        "title": "Balu Forge Industries Ltd Downgraded to Sell Amid Technical and Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/balu-forge-industries-ltd-downgraded-to-sell-amid-technical-and-valuation-concerns-4177102",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/BaluForgeIndust_mojoScore_4177102.png",
        "date": "2026-09-01 08:26:48",
        "description": "Balu Forge Industries Ltd has seen its investment rating downgraded from Hold to Sell as of 31 August 2026, reflecting a combination of deteriorating technical indicators, valuation pressures, and flat financial performance. Despite strong long-term sales growth, recent quarters have shown stagnation, while institutional investor participation has declined, signalling caution among market participants."
      },
      {
        "title": "Balu Forge Industries Ltd Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-technical-momentum-shifts-amid-mixed-market-signals-4176772",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/BaluForgeIndust_technicaldot_4176772.png",
        "date": "2026-09-01 08:03:16",
        "description": "Balu Forge Industries Ltd, a small-cap player in the Castings & Forgings sector, has experienced a notable shift in its technical momentum as of early September 2026. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the stock’s price action and technical indicators present a complex picture of mixed signals, reflecting both bullish and bearish tendencies across different timeframes."
      },
      {
        "title": "Balu Forge Industries Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/balu-forge-industries-ltd-is-rated-sell-4166675",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/BaluForgeIndust_mojoScore_4166675.png",
        "date": "2026-08-24 10:11:10",
        "description": "Balu Forge Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 13 August 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 August 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing."
      },
      {
        "title": "Balu Forge Industries Ltd Sees Surge in Value Trading Amid Positive Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-sees-surge-in-value-trading-amid-positive-momentum-4166798",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/BaluForgeIndust_most_active_equities_by_value_4166798.png",
        "date": "2026-08-24 10:00:10",
        "description": "Balu Forge Industries Ltd, a small-cap player in the Castings & Forgings sector, has emerged as one of the most actively traded stocks by value on 24 August 2026. The stock demonstrated a robust 10.62% gain intraday, supported by strong volume and institutional interest, outperforming its sector and broader market indices. This surge reflects renewed investor confidence despite the company’s current sell-grade rating, signalling a complex but noteworthy market dynamic."
      },
      {
        "title": "Balu Forge Industries Gains 12.81%: 5 Key Factors Driving the Week’s Rally",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-gains-1281-5-key-factors-driving-the-weeks-rally-4165560",
        "imagepath": "",
        "date": "2026-08-22 17:03:07",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>17 Aug:</strong> Intraday high surge of 7.3% to Rs.530 amid declining Sensex</p>\n                    <p><strong>17 Aug:</strong> Technical momentum shifts from bearish to mildly bearish</p>\n                    <p><strong>21 Aug:</strong> Week closes at Rs.557.00, up 12.81% for the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.493.75</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.557.00</div><div class=\"stat-change positive\">+12.81%</div></div>\n                    <div class..."
      },
      {
        "title": "Balu Forge Industries Ltd Surges 7.3% to Day's High of Rs 530 — Outperforms Sector by 6.28 Percentage Points",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-hits-intraday-high-with-73-surge-on-17-aug-2026-4158049",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/BaluForgeIndust_priceRelatedfactors_4158049.png",
        "date": "2026-08-17 11:02:14",
        "description": "The Sensex declined 0.64% on 17 Aug 2026, while Balu Forge Industries Ltd surged 7.3%, marking a striking 6.28 percentage-point outperformance over its Castings & Forgings sector peers. This sharp intraday gain stands out as a stock-specific event amid a broadly weak market backdrop."
      },
      {
        "title": "Balu Forge Industries Ltd Sees Technical Momentum Shift Amid Mixed Indicators",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-sees-technical-momentum-shift-amid-mixed-indicators-4157014",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/BaluForgeIndust_technicaldot_4157014.png",
        "date": "2026-08-17 08:01:42",
        "description": "Balu Forge Industries Ltd has experienced a notable shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a strong day gain of 11.31%, the stock remains under pressure from longer-term indicators, underscoring the nuanced outlook for investors in this small-cap castings and forgings company."
      },
      {
        "title": "Balu Forge Industries Ltd Gains 5.34%: Key Financial and Technical Shifts This Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-gains-534-key-financial-and-technical-shifts-this-week-4155919",
        "imagepath": "",
        "date": "2026-08-15 17:02:32",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>10 Aug:</strong> Stock opens at Rs.461.10, declines 1.62%</p>\n                    <p><strong>13 Aug:</strong> Quarterly results reveal flat performance amid margin pressures</p>\n                    <p><strong>14 Aug:</strong> Intraday high of Rs.502.95 with a 9.9% surge</p>\n                    <p><strong>14 Aug:</strong> Technical momentum shifts amid bearish sentiment</p>\n                    <p><strong>14 Aug:</strong> Week closes at Rs.493.75, up 5.34%</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.468.70</div></div>\n                    <div class=\"st..."
      }
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    "sid": "530936",
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  },
  "announcements": [
    {
      "caption": "Press Release - Receipt Of Multi Month Contract For 155Mm ERFB BB/BT Shells",
      "datetime": "17-Aug-2026",
      "details": "Please find enclosed the Press Release regaring receipt of multi month contract for 155mm ERFB BB/BT Shells.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Monitoring Agency Report",
      "datetime": "14-Aug-2026",
      "details": "Please find enclosed Monitoring Agency Report for the quarter ended June 30 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "14-Aug-2026",
      "details": "Newspaper Publication regarding Un-audited Financial Results for the Quarter ended June 30 2026.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Balu Forge Industries Ltd has declared <strong>1%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
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      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Balu Forge Industries Ltd Hits Intraday Low Amid Price Pressure on 2 Sep 2026

2026-09-02 11:16:15

Balu Forge Industries Ltd experienced a notable intraday decline on 2 Sep 2026, touching a low of Rs 578, down 7.05% from previous levels. The stock underperformed its sector and broader market indices, reflecting immediate selling pressure and subdued market sentiment within the Castings & Forgings industry.

Read full news article

Balu Forge Industries Ltd Downgraded to Sell Amid Technical and Valuation Concerns

2026-09-01 08:26:48

Balu Forge Industries Ltd has seen its investment rating downgraded from Hold to Sell as of 31 August 2026, reflecting a combination of deteriorating technical indicators, valuation pressures, and flat financial performance. Despite strong long-term sales growth, recent quarters have shown stagnation, while institutional investor participation has declined, signalling caution among market participants.

Read full news article

Balu Forge Industries Ltd Technical Momentum Shifts Amid Mixed Market Signals

2026-09-01 08:03:16

Balu Forge Industries Ltd, a small-cap player in the Castings & Forgings sector, has experienced a notable shift in its technical momentum as of early September 2026. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the stock’s price action and technical indicators present a complex picture of mixed signals, reflecting both bullish and bearish tendencies across different timeframes.

Read full news article

Balu Forge Industries Ltd is Rated Sell

2026-08-24 10:11:10

Balu Forge Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 13 August 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 August 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing.

Read full news article

Balu Forge Industries Ltd Sees Surge in Value Trading Amid Positive Momentum

2026-08-24 10:00:10

Balu Forge Industries Ltd, a small-cap player in the Castings & Forgings sector, has emerged as one of the most actively traded stocks by value on 24 August 2026. The stock demonstrated a robust 10.62% gain intraday, supported by strong volume and institutional interest, outperforming its sector and broader market indices. This surge reflects renewed investor confidence despite the company’s current sell-grade rating, signalling a complex but noteworthy market dynamic.

Read full news article

Balu Forge Industries Gains 12.81%: 5 Key Factors Driving the Week’s Rally

2026-08-22 17:03:07

Key Events This Week

17 Aug: Intraday high surge of 7.3% to Rs.530 amid declining Sensex

17 Aug: Technical momentum shifts from bearish to mildly bearish

21 Aug: Week closes at Rs.557.00, up 12.81% for the week

Read full news article

Balu Forge Industries Ltd Surges 7.3% to Day's High of Rs 530 — Outperforms Sector by 6.28 Percentage Points

2026-08-17 11:02:14

The Sensex declined 0.64% on 17 Aug 2026, while Balu Forge Industries Ltd surged 7.3%, marking a striking 6.28 percentage-point outperformance over its Castings & Forgings sector peers. This sharp intraday gain stands out as a stock-specific event amid a broadly weak market backdrop.

Read full news article

Balu Forge Industries Ltd Sees Technical Momentum Shift Amid Mixed Indicators

2026-08-17 08:01:42

Balu Forge Industries Ltd has experienced a notable shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a strong day gain of 11.31%, the stock remains under pressure from longer-term indicators, underscoring the nuanced outlook for investors in this small-cap castings and forgings company.