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BALU FORGE Plunges 10%; BSE CAPITAL GOODS Index Up 0.0%
Wed, 7 Jan 9:37

BALU FORGE Plunges 10%; BSE CAPITAL GOODS Index Up 0.0%Image source: ipopba/www.istockphoto.com

BALU FORGE share price has plunged 10% and is presently trading at Rs 525.5.

Meanwhile, the BSE CAPITAL GOODS index is at 67,563.9 .

Among the top losers in the BSE CAPITAL GOODS index today are Thermax (down 1.6%) and V GUARD IND. (down 1.4%).

BHEL (up 0.6%) and SCHAEFFLER INDIA (up 0.1%) are among the top gainers today.

Over the last one year, BALU FORGE has moved down from Rs 739.3 to Rs 525.5, registering a loss of Rs 213.8 (down 28.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 66,522.0 to 67,563.9, registering a gain of 1.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 46.1%), GMR Infra (up 36.2%) and BHEL (up 35.9%).

Access Now: 3 Must Own Stocks to Ride the Market Fall

What About the Benchmark Indices?

The BSE Sensex is at 84,883.1 (down 0.2%).

The top losers among the BSE Sensex today are Tata Motors (down 2.0%) and Bharti Airtel (down 1.2%). The most traded stocks in the BSE Sensex are HDFC Bank and ITC.

In the meantime, NSE Nifty is at 26,133.3 (down 0.2%). Cipla and Tata Motors are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 77,965.0 to 84,883.1, registering a gain of 6,918.1 points (up 8.9%).

BALU FORGE Financial Update...

BALU FORGE net profit grew 35.5% YoY to Rs 650 million for the quarter ended September 2025, compared to a profit of Rs 480 million a year ago. Net sales rose 34.4% to Rs 2,995 million during the period as against Rs 2,229 million in July-September 2024.

For the year ended March 2025, BALU FORGE reported 118.0% increase in net profit to Rs 2,039 million compared to net profit of Rs 935 million during FY24. Revenue of the company grew 65.0% to Rs 9,236 million during FY25.

The current Price to earnings ratio of BALU FORGE, based on rolling 12 month earnings, stands at 24.8.


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