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Shares of Balu Forge Industries have surged about 280 per cent from its 52-week low at Rs 53 hit a year ago, while the stock has almost doubled in the last three months.
Shares of Balu Forge have delivered a stellar return of 225 per cent from its 52-week low, while the stock has surged more than 100 per cent in the year 2023.
Balu Forge Industries Ltd highlights Defence Production as the next catalyst for its growth Posted On: 2021-04-06 10:19:23 (Time Zone: Arizona, USA) The Indian Government has given a great Impetus to Domestic Factories to take part in Defence Production in the recent years in a strategy to make the Indian Defense Industry self reliant / 'Aatmanirbhar' . A large part of the procurement program has also moved to the Private Sector with a considerable investment made by the Indian Industry to support the Indian Defence Production. The Government had also in 2020 barred a majority of Import ...