BUY Balu Forge Industries — Muthu Selvaraj, 21 Aug 2026

byMuthu Selvaraj, SharekhanHorizon: NA (inferred Swing (≤2wk))21 Aug 2026via CNBC Awaaz.

Entry₹559.75Inferred

Target₹615

Stop loss₹530-5.31% risk

Exit₹61524 Aug 2026, 9:30 am

Target hit+9.87%0.00%upside left

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Not investment advice; past performance doesn't guarantee future results. · Public beta — data is auto-extracted and may contain errors.

AI Assessment

Automated market context for this BUY call — facts from public sources, machine-classified. Not investment advice.

Frozen at close · 24 Aug 2026

2 supporting1 neutral0 opposing

Supports the BUY call (2)

Balu Forge Industries Ltd has received a multi-month contract for 155mm ERFB BB/BT Shells.

BSE · Company Update·17 Aug · 1w ago

Balu Forge Industries Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a total income of Rs. 3,046 Mn, up by 29.7% YoY, with EBITDA at Rs. 848 Mn

BSE · Company Update·12 Aug · 2w ago

Neutral / worth noting (1)

Balu Forge Industries Ltd will hold a board meeting on August 12, 2026, to consider raising funds via equity shares or other eligible securities, approve unaudited financial results for Q1 FY27, and d

BSE · Board Meeting·7 Aug · 2w ago

Weighs against the BUY call (0)

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BUY Balu Forge Industries Limited — Muthu Selvaraj, Sharekhan

AI Assessment