Balu Forge Shares Surge on Expansion Plans

Balu Forge’s stock rose over 4% as the company revealed updates on its 7 Axis CNC Machining capability expansion. With plans to increase production capacity for high-precision components in sectors like aerospace and defense, the company aims to complete the expansion by FY26. The announcement boosted investor confidence in this multibagger stock, a notable part of Ashish Kacholia’s portfolio.