Ashish Kacholia's Balu Forge has set up a SPV for supplying to Defence, Aerospace, Railways & Nuclear industry
Posted: Sat Nov 16, 2024 1:11 pm
FIIs increased holding in Balu Forge in Sept from 8.51% to 10.43%. Ashish Kacholia & his Bengal Finance hold 3.06% worth ₹292 Cr. Co has set up a SPV for supplying to Defence, Aerospace, Railways & Nuclear industry. M-Cap is ₹8200 Cr. Promoters hold 55%. RoCE is 25%. RoE is 20%