BALUFORGEBALU FORGE Breakout all time high and closed strong candle SL bellow 240 TGT 414,636
and this is only for educational purpose
8.80INR
389.13 MINR
3.27 BINR
27.63 M
About BALU FORGE INDUSTRIES LIMITED
Sector
CEO
Jaspalsingh P. Chandock
Website
Headquarters
Mumbai
Employees (FY)
126
Founded
1989
ISIN
INE011E01029
FIGI
BBG000FLM706
Balu Forge Industries Ltd. engages in the manufacture and sale of steel forging products. Its customers include some of the renowned suppliers and manufacturers of prototypes, vehicles, commercial vehicles, off-highway vehicles, ships, and locomotives. It operates through the Domestic and Export segments. The company was founded on March 17, 1989 and is headquartered in Mumbai, India.
Balu Forge All Time Highbalu forge broke its ATH on yesterdays trading day.
is looking super solid on charts
Volumes rising, need to susatin 290 levels for a week or so if it does it is buy and forget type of stock.
i am saying 288-90 levels because we can have cushion of break out and if retest the levels shall buy on di
Balu Forge Industries LtdBUY - TARGET AND SL IN CHART
Market Cap
₹ 1,514 Cr.
Price when posted
₹ 182
High / Low
₹ 194 / 52.0
Stock P/E
47.3
Book Value
₹ 23.0
Dividend Yield
0.06 %
ROCE
24.1 %
ROE
18.3 %
Face Value
₹ 10.0
Promoter holding
65.4 %
EPS last year
₹ 3.84
EPS latest quarter
₹ 1.39
Debt
₹ 51.9 Cr.
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Frequently Asked Questions
The current price of BALUFORGE is 245.40 INR — it has increased by 3.22% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange BALU FORGE INDUSTRIES LIMITED stocks are traded under the ticker BALUFORGE.
BALU FORGE INDUSTRIES LIMITED is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
BALUFORGE stock is 4.85% volatile and has beta coefficient of 0.61. Check out the list of the most volatile stocks — is BALU FORGE INDUSTRIES LIMITED there?
BALUFORGE earnings for the last quarter are 2.47 INR per share, whereas the estimation was 1.68 INR resulting in a 47.02% surprise. The estimated earnings for the next quarter are 2.54 INR per share. See more details about BALU FORGE INDUSTRIES LIMITED earnings.
BALU FORGE INDUSTRIES LIMITED revenue for the last quarter amounts to 1.39 B INR despite the estimated figure of 1.18 B INR. In the next quarter revenue is expected to reach 1.50 B INR.
Yes, you can track BALU FORGE INDUSTRIES LIMITED financials in yearly and quarterly reports right on TradingView.
BALUFORGE stock has risen by 8.06% compared to the previous week, the month change is a 25.17% rise, over the last year BALU FORGE INDUSTRIES LIMITED has showed a 157.69% increase.
BALUFORGE net income for the last quarter is 254.55 M INR, while the quarter before that showed 232.70 M INR of net income which accounts for 9.39% change. Track more BALU FORGE INDUSTRIES LIMITED financial stats to get the full picture.
BALU FORGE INDUSTRIES LIMITED dividend yield was 0% in 2022, and payout ratio reached 0%. The year before the numbers were 0.08% and 2.49% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, BALUFORGE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BALU FORGE INDUSTRIES LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 23, 2024, the company has 126.00 employees. See our rating of the largest employees — is BALU FORGE INDUSTRIES LIMITED on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BALU FORGE INDUSTRIES LIMITED technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BALU FORGE INDUSTRIES LIMITED stock shows the buy signal. See more of BALU FORGE INDUSTRIES LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BALU FORGE INDUSTRIES LIMITED EBITDA is 1.05 B INR, and current EBITDA margin is 16.84%. See more stats in BALU FORGE INDUSTRIES LIMITED financial statements.