Balu Forge Industries achieving critical 155mm Artillery

Balu Forge Industries Ltd, has announced a series of execution milestones across defence, aerospace, energy and heavy mobility. The company has moved previously announced defence orders into dispatch, cleared one of the most demanding artillery components in its portfolio, and added two new international customers & one domestic defence unit after rigorous audits. 152mm shells dispatched, 155 ERFB quality-approved at forging tolerance of TIR 3mm and machined wall tolerance of 0.3mm, Aerospace jet engine components approval, 105 mm empty shell order from major Indian defence factory, new orders from a leading U.S. oil & gas major and a Czech Armoured vehicle maker. Opinion : This news will have positive effect on the stock price. Disclaimer : This is not a buy,sell or hold recommendation. I do not hold this stock.