Select Page

Home / Share Price Target / Baluforge

BALUFORGE Share Price Target 2024, 2025, 2026 to 2039 With Charts

BALU FORGE INDUSTRIES LIMITED

Company LogoSymbol: BALUFORGE
Price: ₹769.34
Exchange: BSE
->
Show Table of Contents

Advertisement

BALUFORGE Financial Performance

MetricValueDescription
Market Capital8,247.91 CroreMarket valuation of BALUFORGE's shares.
Revenue (TTM)622.77 CroreTotal revenue generated by BALUFORGE over the past twelve months.
Net Income (TTM)+111.17 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin22.16%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin17.85%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+8.77%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+55.98%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
0.08Company's total debt divided by total shareholder equity.
Total Debt48.79 CroreSum of BALUFORGE's current & long-term financial obligations.
Beta0.33Beta is less than 1 indicating that the BALUFORGE's price is less volatile than the market.

Is BALUFORGE A Good Buy For Long Term?

BALUFORGE has shown impressive growth in recent quarters, with a 55.98% increase in earnings compared to the same quarter last year and an 8.77% revenue bump from the previous quarter. This strong performance is reflected in its impressive 12-month return of 276.85%. While the company has a healthy profit margin of 17.85%, the relatively low debt of 48.79 Crore suggests a solid financial footing. However, the lack of historical data beyond the past year makes it difficult to assess long-term potential. Given the recent surge in returns and limited historical information, BALUFORGE could be considered an average buy for long-term investors with a high risk tolerance.

To predict the BALUFORGE's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

BALUFORGE Share Price Target For 2024

BALUFORGE Targets For 2024 Chart

The line chart displays the monthly closing prices of BALUFORGE with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for BALUFORGE shares in 2024, see the table below.

Advertisement

BALUFORGE Share Price Target Table For 2024

BALUFORGE's LevelsValueReason/Importance
2024 Target 3842.10 (+9.45%)Custom Fibonacci Extension Lvl 23.6%
2024 Target 2828.10 (+7.63%)Price Action: Chart
2024 Target 1819.90 (+6.57%)Price Action: 27 Aug 2024 High
Current Price769.34BALUFORGE's 1 share price as of Fri 06 Sep 2024
Stop Loss 1740.84 (-3.71%)Price Action: Aug 2024 Low
Stop Loss 2724.04 (-5.89%)Price Action: 29 Aug 2024 Low
Stop Loss 3711.01 (-7.59%)Price Action: Chart

Summary: BALUFORGE Share Price Prediction For 2024

In summary, BALUFORGE has surged by ₹523.24, achieving a notable +212.61% increase from 1st January 2024 to 06 Sep 2024. Our analysis of BALUFORGE for 2024 predicts an additional rise of 6.57% to 9.45% by the end of 2024 with three potential targets T1: 819.90, T2: 828.10, T3: 842.10. Stop Loss at SL1: 740.84, SL2: 724.04, SL3: 711.01.

BALUFORGE has a 52-week high of ₹849.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹160.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for BALUFORGE.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

BALUFORGE Share Price Target For 2025

BALUFORGE Targets For 2025 Chart

The line chart displays the monthly closing prices of BALUFORGE with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for BALUFORGE shares in 2025, see the table below.

Advertisement

BALUFORGE Share Price Target Table For 2025

BALUFORGE's LevelsValueReason/Importance
2025 Target 31220.25 (+58.6%)Price Action: Chart
2025 Target 21197.50 (+55.65%)Price Action: Chart
2025 Target 11185.64 (+54.11%)Custom Fibonacci Extension Lvl 64.9%
Current Price769.34BALUFORGE's 1 share price as of Fri 06 Sep 2024
Stop Loss 1650.09 (-15.51%)Price Action: 22 Aug 2024 High
Stop Loss 2643.59 (-16.35%)Price Action: Chart
Stop Loss 3630.00 (-18.12%)Price Action: 21 Aug 2024 High

Summary: BALUFORGE Share Price Prediction For 2025

In summary, BALUFORGE has surged by ₹523.24, achieving a notable +212.61% increase from 1st January 2024 to 06 Sep 2024. Our analysis of BALUFORGE for 2025 predicts an additional rise of 54.11% to 58.6% by the end of 2025 with three potential targets T1: 1185.64, T2: 1197.50, T3: 1220.25. Stop Loss at SL1: 650.09, SL2: 643.59, SL3: 630.00.

BALUFORGE has a All-Time high of ₹849.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹160.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for BALUFORGE, we have created a specific page for that check here: BALUFORGE Share Price Target For Tomorrow & Next Week

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

BALUFORGE Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

BALUFORGE Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of BALUFORGE share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 20.58% over the next 15 years.

For complete year by year BALUFORGE long term share price target from 2024, 2025 to 2039 check the below table.

BALUFORGE Share Price Target Table From 2024, 2025, 2026 to 2039

YearBALUFORGE TargetYoY Change %
2024₹769.34[Current Price]
2024₹944.0922.71%
2025₹1,752.4885.62%
2026₹2,625.4849.81%
2027₹3,812.5245.21%
2028₹4,655.0122.09%
2029₹5,050.188.48%
2030₹5,828.7515.41%
2031₹6,793.4116.55%
2032₹8,406.3523.74%
2033₹9,174.799.14%
2034₹9,156.29-0.21%
2035₹9,905.038.17%
2036₹10,961.3510.66%
2037₹13,000.1718.6%
2038₹13,694.565.34%
2039₹12,962.23-5.35%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

BALUFORGE Past Performance

BALUFORGE main
BALUFORGE has been listed on NSE for more than 3 years.
  • In 2021, BALUFORGE opening price was ₹214.5
  • As of Fri 06 Sep 2024 the price stands at ₹769.34.
  • This represents a Compound Annual Growth Rate (CAGR) of 37.62%.
  • In 3 years, an investment of 10,000 would have become ₹35,866.66.

As we wrap up, we hope you like our study on BALUFORGE share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into BALU FORGE INDUSTRIES LIMITED, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter