Balu Forge touches roof after getting inducted into NATO supply chain for high-precision defence components

Balu Forge Industries Ltd. | Forgings | Automobiles | BSE: 531112 | NSE: BALUFORGE

29 Jan 2026 Evaluate

Balu Forge Industries is currently trading at upper limit of Rs. 391.65, up by 35.60 points or 10.00% from its previous closing of Rs. 356.05 on the BSE.

The scrip opened at Rs. 351.55 and has touched a high and low of Rs. 391.65 and Rs. 341.35 respectively. So far 362668 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 784.00 on 12-Jun-2025 and a 52 week low of Rs. 341.35 on 28-Jan-2026.

Last one week high and low of the scrip stood at Rs. 408.00 and Rs. 341.35 respectively. The current market cap of the company is Rs. 4503.66 crore.

The promoters holding in the company stood at 54.87%, while Institutions and Non-Institutions held 12.80% and 32.34% respectively.

Balu Forge Industries has been inducted into the NATO supply chain for critical defence components. This grants the company the mandate to manufacture and supply high-specification artillery shell bodies and complex forged components to NATO member states. The selection as a NATO partner is driven by the industry-leading forging technology, which allows it to produce components with exceptional precision. Utilizing advanced closed-die forging processes & the company’s technical edge ensures that its artillery shells & components maintain a level of reliability that is imperative for modern defence system.

This onboarding marks a pivotal expansion of the company’s global footprint and a diversification of its high margin revenue streams. Membership into the NATO supply base provides a long-term platform for growth, positioning the company at the centre of the alliance’s industrial revitalization efforts.

Balu Forge Industries was engaged in the manufacturing of agricultural machinery such as Tractor trailers, MB ploughs, Spring Cultivators, Reversible Ploughs and Disc Harrow. Currently, the company is into the job work to ancillaries unit of auto industry.

Balu Forge Industrie Share Price

557.80 1.60 (0.29%)

06-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharat Forge	1874.25
Ramkrishna Forgings	623.45
MM Forgings	493.30
Happy Forgings	1352.00
Balu Forge Industrie	557.80
View more..

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