The buying on the counter came after Balu Forge has received its first commercial purchase order for the supply of precision-engineered components to Alpha Aircraft Systems Inc
Balu Forge Industries share price rose to ₹489.40 in the intraday trade on the National Stock Exchange (NSE)
The stock was in demand after the company announced its formal induction into the Nato supply chain for critical defence components
According to the filing, the Income Tax Department (the Department) conducted a search under the Income Tax Act, 1961, at some of the company's offices and manufacturing units on January 7, 2026
Balu Forge Industries share price declined for a fifth session in a row. In these five sessions, the scrip has lost 13.38 per cent