Balu Forge locks 10% roof on today's trade, onboarded onto NATO supply chain; here is what you can't missBalu Forge locks 10% roof on today's trade, onboarded onto NATO supply chain; here is what you can't miss

Introduction

Leading precision engineering firm has signed a five-year MoU to supply 155 mm and 152 mm empty shells from its Belgaum manufacturing facility.

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Share price movement of Balu Forge

On February 26, 2026, Balu Forge Industries Ltd opened at ₹447.05, up 0.20% from its previous close of ₹446.15. The stock reached a high of ₹490.75 (10.00%) and a low of ₹447.05. By 11:23 AM, it traded at ₹490.75, a 10.00% increase, with a market cap of ₹5,643.23 crore.

Balu Forge Signs 5-Year Ammunition MoU

Balu Forge Industries Ltd has entered into a five-year Memorandum of Understanding to supply empty shells from its greenfield manufacturing campus in Belgaum, Karnataka, beginning February 25, 2026, as announced Thursday.

The agreement covers large caliber ammunition, including 155 mm M107 and 152 mm variants. Supplies will begin in April 2026 and ramp up gradually in phased manner initially.

Under the terms, Balu Forge will supply 30,000 units per month of 155 mm M107 and 10,000 units per month of 152 mm shells for five years.

Pricing is fixed at USD 315 per unit for both categories, indexed to the London Metal Exchange. Terms are FOB Nhava Sheva with 20% advance payment.

The agreement is legally binding and signed with a NATO affiliated entity. Payment includes balance through irrevocable Letter of Credit payable within 30 days of invoice.

Stock performance of Balu Forge for period of 1 week, 6 months, and 1 year

Balu Forge Industries Ltd declined 8.07% over the past week and fell 27.7% in the past six months. The stock dropped 13.6% over one year.

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Shareholding pattern of Balu Forge

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	54.90%	54.90%	54.90%
FII	7.90%	8.30%	8.20%
DII	4.90%	4.90%	4.90%
Public	32.30%	31.90%	32.00%

About Balu Forge

Balu Forge Industries Limited (NSE: BALUFORGE) is an Indian precision engineering firm manufacturing forged and machined components across automotive, defence, aerospace, railways, and industrial sectors globally.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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