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BALUFORGE
has acquired a large ring rolling production line, adding approximately 18,000 tonnes of specialised heavy ring rolling capacity.
The strategic acquisition will enable the company to expand into high-growth heavy engineering sectors, including defence, aerospace and other precision applications. The new capability strengthens Balu Forge’s forging portfolio and supports its focus on higher-value, complex components.
Production trials for the ring rolling line are expected in the near term at the company’s manufacturing campus. This capacity addition marks an important step in Balu Forge’s ongoing expansion into specialised heavy engineering markets and enhances its ability to serve demanding domestic and global customers.
**Top stocks in the forgings & heavy engineering industry:** Bharat Forge, Ramkrishna Forgings, and MM Forgings.#TechnicalViews#FundamentalViews#StockInNews#WatchOutFor#EquityResearch
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