BALUFORGEBalu Forge Industries Limited
Capital Goods · Metal Fabrication · NSE · as of 2026-09-11 (delayed ~30 min in market hours)
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.
Price & Volume
Loading chart…
Key Ratios
“—” 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
The picture
- • ROE: 19.6%
- • ROCE: 16.6%
- • Debt/Equity: 0.10
- • Price vs SMA50: above
- • Price vs SMA200: above
- • Golden cross setup: SMA50 above SMA200
- • Golden Cross signal (setup quality 64%)
Bull case
- • ROE: 19.6%
- • ROCE: 16.6%
- • Debt/Equity: 0.10
- • Price vs SMA50: above
Bear case
- • Revenue growth: -2.3% YoY
- • Dividend yield: 0.03%
- • MACD: bearish
- • Price vs EMA21: below
Key risks
- • Elevated volatility / drawdown profile — size positions accordingly
- • Revenue growth: -2.3% YoY
- • Dividend yield: 0.03%
Algorithmic analysis for research only — not SEBI-registered investment advice.
Trade Plan
Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹26.53). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.