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BALUFORGEBalu Forge Industries Limited

Capital Goods · Metal Fabrication · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

441.05
1.21%
37Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)5,133.80
P/E18.70
P/B2.90
PEG1.51
ROE %19.56
ROCE %16.60
Debt / Equity0.10
EPS23.88
Revenue Growth %-2.30
Profit Growth %12.40
Dividend Yield %0.03
Promoter Holding %62.75
FII Holding %2.47
DII Holding %
Beta0.50

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on BALUFORGE — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 63%

Why avoid

  • Overall evidence is weak (AlgoScore 37/100)
  • Revenue growth: -2.3% YoY
  • Dividend yield: 0.03%
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • ROE: 19.6%
  • ROCE: 16.6%
  • Debt/Equity: 0.10
  • Beta: 0.50

Bear case

  • Revenue growth: -2.3% YoY
  • Dividend yield: 0.03%
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Momentum is fading versus the broader market
  • Revenue growth: -2.3% YoY
  • Dividend yield: 0.03%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹441.05
Stop Loss
₹431.44
risk 2.2%
Target 1 (1.5R)
₹455.46
+3.3%
Target 2 (3R)
₹469.87
+6.5%
Support (20d)
₹435.80
Resistance (52w)
₹696.84
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹9.61/share
ATR (volatility)
₹14.49
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹14.49). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
66
Technical
18
Momentum
20
Risk (safety)
46

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

Balu Forge Industries Limited manufactures and sells crankshafts in India and internationally. The company also offers railway wheels, under carriages, transmission and clutches, chassis, hydraulic motors, brake parts, lifting hooks, towing accessories, turbine blades, empty shells, and forged components as well as oil and gas, and flow control products. It supplies crankshafts to original equipment manufacturers. The company serves the agriculture tractor and harvester; defense; oil and gas pump compressor; heavy duty truck, bus, and trailer automotive; generator industrial, standby home backup, and portable; refrigeration compressor industrial; railway; aerospace; marine; locomotive; off road and on road motorcycle, cart, and jet ski; racing; earth-moving equipment; and e-mobility industries. Balu Forge Industries Limited is based in Mumbai, India.