Balu Forge Industries: PAT growth of 176% & revenue growth of 97% for 9M-24 at a PE of 23
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Balu delivered ahead of its FY24 guidance of 40-45% revenue growth. It has delivered a revenue CAGR of 50%+ for FY21-23. Possibility of momentum continuing in FY25, provides opportunity in the stock.
Balu Forge Industries: PAT growth of 176% & revenue growth of 97% for 9M-24 at a PE of 23
Balu Forge Industries: PAT growth of 176% …
Balu Forge Industries: PAT growth of 176% & revenue growth of 97% for 9M-24 at a PE of 23
Balu delivered ahead of its FY24 guidance of 40-45% revenue growth. It has delivered a revenue CAGR of 50%+ for FY21-23. Possibility of momentum continuing in FY25, provides opportunity in the stock.