---
title: "Balu Forge Industries Ltd (BALUFORGE) — Share Price, Financials & Analysis"
symbol: "BALUFORGE"
company: "Balu Forge Industries Ltd"
canonical: "https://tapetide.com/stocks/BALUFORGE"
isin: "INE011E01029"
nse_symbol: "BALUFORGE"
bse_code: "531112"
sector: "Industrial Products"
industry: "Castings & Forgings"
market_cap_cr: 6311.43
generated_at: "2026-09-13T19:15:39.692Z"
---

# Balu Forge Industries Ltd (BALUFORGE)

Canonical page: https://tapetide.com/stocks/BALUFORGE

## Company

- **NSE Symbol:** BALUFORGE
- **BSE Code:** 531112
- **ISIN:** INE011E01029
- **Sector:** Industrial Products
- **Industry:** Castings & Forgings
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-04-29
- **CEO:** Mr. Jaspalsingh Prehladsingh Chandock
- **Employees:** 150
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** baluindustries.com

## About

Balu Forge Industries Ltd is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and Forged Components. It has the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles [1]

## Latest Price

- **Price:** ₹533.4
- **Change:** -3.25 (-0.61%)
- **Open:** ₹534
- **Day High:** ₹536.9
- **Day Low:** ₹523.3
- **Previous Close:** ₹536.65
- **Volume:** 532783
- **As Of:** 2026-09-11T10:21:42+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:43.262602Z.

- **Market Cap:** ₹6311.43 Cr
- **Classification:** Microcap
- **P/E (reported):** 24.3
- **P/E (TTM):** 23.45
- **EPS (TTM):** ₹22.75
- **Book Value:** ₹131.35
- **Price to Book:** 4.09
- **Dividend Yield:** 0.03%
- **ROE:** 19.36%
- **ROCE:** 24.75%
- **Debt to Equity:** 0.1
- **Revenue (yearly):** ₹1107.37 Cr
- **Net Income:** ₹258.51 Cr
- **EBITDA:** ₹299.54 Cr
- **52-Week High:** ₹697
- **52-Week Low:** ₹341.05
- **RSI (14):** 47.2

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 31.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 79.81 | 9% |
| growth | 56.29 | 9% |
| momentum | 60.8 | 12% |
| ownership | 27.44 | 24% |
| quality | 54.95 | 22% |
| valuation | 47.77 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 102% CAGR over last 5 years

### Weaknesses

- Promoter holding has decreased over last quarter: -0.88%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 567.19% | 466.67% | 755.4% |
| ebitda margin growth | 6.24% | -7.86% | 15.78% | 69.81% |
| net income growth | 0.61% | 26.78% | 88% | 102% |
| revenue growth | 6.13% | 17.71% | 50% | 51% |
| roce | 6.4% | 12.5% | -14.86% | 24.09% |
| roe | 0.53% | 14.49% | 18.65% | 96.95% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 139 | 147 | 161 | 175 | 223 | 256 | 270 | 233 | 300 | 311 | 264 | 301 |
| Expenses | 109 | 114 | 127 | 132 | 158 | 188 | 195 | 161 | 217 | 227 | 204 | 216 |
| Operating Profit | 30 | 33 | 34 | 43 | 65 | 68 | 75 | 72 | 83 | 85 | 60 | 85 |
| OPM % | 22 | 22 | 21 | 25 | 29 | 26 | 28 | 31 | 28 | 27 | 23 | 28 |
| Other Income | 4 | 2 | 4 | 1 | 2 | 10 | 4 | 2 | 3 | 4 | 23 | 4 |
| Interest | 4 | 4 | 4 | 2 | 3 | 2 | 4 | 2 | 4 | 5 | 5 | 5 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 30 | 30 | 35 | 42 | 64 | 74 | 74 | 70 | 80 | 81 | 75 | 81 |
| Tax % | 22 | 16 | 18 | 18 | 25 | 20 | 15 | 19 | 19 | 12 | 13 | 18 |
| Net Profit | 23 | 25 | 28 | 34 | 48 | 59 | 63 | 57 | 65 | 71 | 66 | 66 |
| EPS in Rs | 2.32 | 2.46 | 2.76 | 3.33 | 4.39 | 5.39 | 5.73 | 5 | 5.71 | 6.18 | 5.42 | 5.44 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 142 | 286 | 327 | 560 | 924 | 1107 | 1175 |
| Expenses | 130 | 249 | 277 | 441 | 673 | 808 | 863 |
| Operating Profit | 12 | 37 | 50 | 119 | 251 | 300 | 312 |
| OPM % | 9 | 13 | 15 | 21 | 27 | 27 | 27 |
| Other Income | 5 | 8 | 13 | 10 | 17 | 33 | 35 |
| Interest | 7 | 5 | 11 | 14 | 11 | 16 | 19 |
| Depreciation | 1 | 1 | 1 | 2 | 3 | 10 | 12 |
| Profit before tax | 10 | 39 | 51 | 114 | 254 | 306 | 317 |
| Tax % | 22 | 24 | 23 | 18 | 20 | 15 | — |
| Net Profit | 8 | 30 | 39 | 93 | 204 | 259 | 268 |
| EPS in Rs | 1.11 | 3.63 | 4.67 | 9.11 | 18.63 | 21.33 | 22.75 |
| Dividend Payout % | 0 | 3 | 0 | 2 | 1 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 69 | 82 | 83 | 103 | 111 | 121 |
| Reserves | 9 | 76 | 114 | 450 | 942 | 1473 |
| Borrowings | 26 | 47 | 52 | 49 | 40 | 152 |
| Other Liabilities | 68 | 78 | 121 | 111 | 159 | 104 |
| Total Liabilities | 171 | 284 | 371 | 712 | 1252 | 1851 |
| Fixed Assets | 42 | 42 | 48 | 57 | 183 | 547 |
| CWIP | 0 | 7 | 7 | 130 | 417 | 277 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 129 | 235 | 316 | 525 | 652 | 1027 |
| Total Assets | 171 | 284 | 371 | 712 | 1252 | 1851 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 17 | -58 | 26 | -32 | 148 | 32 |
| Cash from Investing Activity | -3 | -8 | -21 | -134 | -417 | -354 |
| Cash from Financing Activity | -12 | 69 | -6 | 249 | 274 | 315 |
| Net Cash Flow | 2 | 4 | -1 | 83 | 5 | -7 |
| Free Cash Flow | 14 | -65 | 5 | -166 | -268 | -175 |
| CFO/OP | 159 | -161 | 52 | -12 | 73 | 15 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 156 | 165 | 235 | 142 | 129 | 140 |
| Inventory Days | 66 | 70 | 56 | 87 | 59 | 75 |
| Days Payable | 157 | 75 | 105 | 78 | 71 | 32 |
| Cash Conversion Cycle | 65 | 160 | 186 | 151 | 117 | 182 |
| Working Capital Days | 113 | 141 | 146 | 175 | 114 | 158 |
| ROCE % | — | 29 | 27 | 30 | 31 | 23 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.47% | 56.07% | 56.07% | 56.07% | 54.71% | 54.71% | 55.25% | 54.85% | 54.37% | 54.87% | 54.39% | 53.51% |
| FIIs | 6.48% | 8.77% | 9.71% | 8.51% | 10.43% | 6.93% | 7.07% | 8.2% | 7.92% | 7.94% | 6.02% | 5.04% |
| DIIs | 2% | 0% | 1.89% | 1.43% | 0.93% | 0.97% | 1.07% | 0.86% | 0.79% | 0.8% | 0.89% | 0.95% |
| Government | 0% | 0% | 0% | 0% | 0% | 4.23% | 4.17% | 4.06% | 4.02% | 4.06% | 4.02% | 3.86% |
| Public | 19.89% | 19.39% | 19.31% | 20.58% | 21.57% | 21.71% | 22.1% | 21.64% | 19.95% | 20.22% | 22.67% | 23.89% |
| Others | 14.16% | 15.76% | 13.01% | 13.41% | 12.36% | 11.45% | 10.33% | 10.39% | 12.94% | 12.12% | 12.01% | 12.75% |
| No. of Shareholders | 12362 | 18054 | 23723 | 29419 | 48280 | 66310 | 71461 | 77243 | 70098 | 70445 | 79480 | 83997 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 3 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 568.62 | Sell |
| EMA (10) | 557.9 | Sell |
| SMA (20) | 576.71 | Sell |
| EMA (20) | 554.62 | Sell |
| SMA (50) | 500.58 | Buy |
| EMA (50) | 521.92 | Buy |
| SMA (100) | 490.73 | Buy |
| EMA (100) | 503.89 | Buy |
| SMA (200) | 497.7 | Buy |
| EMA (200) | 511.41 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.35 | Neutral |
| MACD (12,26,9) | 12.48 | Sell |
| Stochastic (14,3,3) | 8.55 | Buy |
| ADX (14) | 28.82 | Buy |
| Williams %R (14) | -92.03 | Buy |
| ATR (14) | 26.56 | High Volatility |
| ROC (12) | -16.51 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 34.51 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab03af2e-9e83-4b2f-be55-a351e18efe43.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88d54d2a-e52b-4f2f-963a-f3cb15be11f4.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of Board Meeting For Recommendation Of Final Dividend And AGM For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1baff14e-569d-47c4-954d-1e3fd5ea7167.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Dividend Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf5064d9-8493-4fd1-8841-38c7919461f0.pdf) |
| 2026-09-07 | [Corporate Action-Board approves Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07e9f650-0a5e-4d31-ac01-68ec7e2093b6.pdf) |
| 2026-09-07 | [Intimation Of Book Closure For The Purpose Of Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=efe6031e-cd67-4984-90d3-19531167669b.pdf) |
| 2026-09-07 | [Fixes Book Closure For The Purpose Of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8f3d7d3-16dc-4086-8913-cb411dc81621.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=caa1e49d-829b-4475-947e-5ae97a941e42.pdf) |
| 2026-09-07 | [AGM On September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=894ef8f1-1d53-4f92-9a9a-489408ae7309.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9be7852-d397-4a56-b603-acd4615b7fc0.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e03124a1-4592-4587-ba7f-7758c6959c4f.pdf) |
| 2026-05-30 | [Audited Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97bf15c7-98e1-4531-b292-e77c57f5d973.pdf) |
| 2026-02-12 | [Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a996d1c0-9f2e-4285-b70d-4d3ab0463475.pdf) |
| 2025-11-14 | [Financial Results For September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eefa6349-3c16-420b-a897-34457482193c.pdf) |
| 2025-08-07 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=601ebc0b-2f59-4506-98ea-f452f0a94bdc.pdf) |
| 2025-05-14 | [Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Financial Year Ending March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95936d82-1f41-4bab-8fe8-38549eff0de7.pdf) |
| 2025-02-07 | [Results - Financial Results For The Quarter And Nine Months Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cb7e683-1f6a-4dfd-92a6-e0ab4e618d8b.pdf) |
| 2024-10-21 | [Board Meeting Outcome for Un-Audited Standalone And Consolidated Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3e7ea82-43a9-4481-a4af-2cacd57e4370.pdf) |
| 2024-10-21 | [Results - Financial Results For The Quarter And Half Year Ended 30-09-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fef2a02-d73e-492f-bad9-a6e9c0e0902d.pdf) |
| 2024-07-30 | [Board Meeting Outcome for Board Meeting Outcome For Un-Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a4ed1de-4f6c-4f04-8788-d5f72b02332b.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-06-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b911dfd0-ca32-43a9-99e9-6cc242293e0c.pdf) |
| 2025-04-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dce0b97-f57a-4fec-96fb-31fd4130b03a.pdf) |
| 2025-03-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=068c5a42-6a29-4bc5-b796-faa6382efab7.pdf) |
| 2024-12-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=736515bc-e1c4-46b5-9138-fc80b718b7d3.pdf) |
| 2024-12-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f64634a4-acd3-4506-a3a9-15f0ee954a0c.pdf) |
| 2024-12-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a2c4d57-4fd6-4eb5-9a5f-dedbcb578609.pdf) |
| 2024-12-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77c7eadf-7621-407a-9604-69dbb224342d.pdf) |
| 2024-11-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4b8ce7b-efab-4f7f-a280-429f0e448058.pdf) |
| 2024-10-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a88e202-913a-41ab-94fd-8035b3b19aa8.pdf) |
| 2024-10-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7834bab-72fa-4312-b996-63624e36c530.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7834bab-72fa-4312-b996-63624e36c530.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a88e202-913a-41ab-94fd-8035b3b19aa8.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a1e601f-5b1c-448b-a556-5793a121063b.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a1e601f-5b1c-448b-a556-5793a121063b.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e096ac5-5634-459b-96fa-75d5ede59a17.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4b8ce7b-efab-4f7f-a280-429f0e448058.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df768105-abb5-4826-8569-c7506ad135d4.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92d7a855-661c-42f5-928d-b14270aaff5b.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2101dac3-a058-4c2f-9612-577b774cf718.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e338569-e93b-4aea-903a-ea57e57c3dbd.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Regulation 74(5) confirmation certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) confirmation certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cecb9665-a644-4614-9a0e-1327780933e5.pdf) |
| 6 Mar - Allotment of 2,060,000 equity shares at Rs360 on conversion of warrants; ₹55.62 crore received (06-Mar-2026). | [Announcement under Regulation 30 (LODR)-Allotment 6 Mar - Allotment of 2,060,000 equity shares at Rs360 on conversion of warrants; ₹55.62 crore received (06-Mar-2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c818583-5296-402e-8570-80499f7cc689.pdf) |
| 26 Feb - 5-year MOU from 25 Feb 2026 to supply 30,000×155mm and 10,000×152mm monthly; USD315/unit. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 26 Feb - 5-year MOU from 25 Feb 2026 to supply 30,000×155mm and 10,000×152mm monthly; USD315/unit.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c8f2825-567d-4078-be4f-a77b3f3ce935.pdf) |
| 25 Feb - Allotment of 16,30,000 shares at Rs360 on 25 Feb 2026; Rs44.01 crore received. | [Announcement under Regulation 30 (LODR)-Allotment 25 Feb - Allotment of 16,30,000 shares at Rs360 on 25 Feb 2026; Rs44.01 crore received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cece7d72-83b3-4a79-bfd0-7d4d56b9fa19.pdf) |
| 24 Feb - Informs BSE unaware of any price-sensitive information causing increased trading volume; will not comment on share movement. | [Reply To BSE Email Dated February 24, 2026 For Increase In Volume 24 Feb - Informs BSE unaware of any price-sensitive information causing increased trading volume; will not comment on share movement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f7436d5-8450-43e4-b5f9-c2eafbd11c33.pdf) |
| 1d - Allotment of 1,710,000 shares at Rs360 on 09-Mar-2026; Rs46.17 crore (75%) received. | [Announcement under Regulation 30 (LODR)-Allotment 1d - Allotment of 1,710,000 shares at Rs360 on 09-Mar-2026; Rs46.17 crore (75%) received.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cbee3a8f-fd2f-4a88-8e44-9dd1dd46fd18.pdf) |
| 17 Feb - Trident: SES ESG score 69.5 for 2025 (69.6 in 2024); received Feb 16, 2026. | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - ESG Ratings 17 Feb - Trident: SES ESG score 69.5 for 2025 (69.6 in 2024); received Feb 16, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c1b98708-7e99-452f-abaf-2721a9360f53.pdf) |
| 16 Mar - Promoter pledged 8,75,000 shares to Aditya Birla Capital on March 14, 2026 for financial facility. | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 16 Mar - Promoter pledged 8,75,000 shares to Aditya Birla Capital on March 14, 2026 for financial facility.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8929084D_4D2E_44EE_AA6F_73B4FDAC1820_135420.pdf) |
| 16 Mar - Promoter Jaspalsingh pledged 875,000 equity shares to Aditya Birla Capital on March 16, 2026. | [Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 16 Mar - Promoter Jaspalsingh pledged 875,000 equity shares to Aditya Birla Capital on March 16, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ADCA434D_4213_4FCA_A92B_570E39D2BC84_153557.pdf) |
| 16 Mar - Promoter Jaspalsingh Chandock pledged 875,000 shares to Aditya Birla Capital for financial facilities, disclosed 16-Mar-2026. | [Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 16 Mar - Promoter Jaspalsingh Chandock pledged 875,000 shares to Aditya Birla Capital for financial facilities, disclosed 16-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4BE10A70_9027_47B0_BB26_FEF3421F6274_154117.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/909ac842-7f5d-4391-a5d1-a159f5aae4d6.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82c8708d-1eef-4cf3-9682-505f743a6fd5.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a400068-0771-45c8-b6b7-6a23602625ae.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46ba5a07-36ac-449c-aaf4-0e570bc12ae3.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b28edfde-6f1e-44fd-81da-90d180830419.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f17142fa-df1e-4618-ab6f-63ddbf4784e7.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:39.692Z.