Balu Forge Industries Ltd.

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Balu Forge Industries Ltd reported a 2x jump in profit after tax to Rs 48.1 crore in Q2 FY25, driven by strong revenue growth and increased demand. The company is also expanding its manufacturing...

Balu Forge's net profit for the April-June quarter jumped over 100% to Rs 34.16 crore, driven by higher income and increased demand for specialized engineering products.

Balu Forge Industries Ltd (BFIL) acquires three forging lines with a combined capacity of 72,000 tonnes annually, expanding its heavy forged product production.

Balu Forge Industries Limited (BFIL) reported an 86% rise in consolidated profit after tax for Q4 FY24, reaching Rs 28.28 crore. Revenue also increased significantly.

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Silver prices decline to Rs 2,43,819 per kg on MCX due to reduced bets. Global silver trading higher. Get the latest silver market updates.

Gold futures decline to Rs 52,350 per 10 grams on MCX due to weak global cues and fall in spot demand. June delivery contracts lower.

Coriander prices decline in futures trade due to weak spot market demand. May contracts fell Rs 206 to Rs 13,228 per quintal.

Cottonseed oil cake futures fell on soft demand. May delivery traded lower by Rs 23 at Rs 3,341 per quintal. Analysts cite subdued market trend.