BALUFORGE

Balu Forge Industries Ltd

₹771.95

Balu Forge Industries Ltd Dividend 2024 : Should Balu Forge Industries Ltd be a part of your dividend portfolio?

Balu Forge Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹8,448.91Cr. Its share price is ₹771.95 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Balu Forge Industries Ltd gave ₹0.15 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Industrials stocks do not always pay a dividend but as Balu Forge Industries Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Balu Forge Industries Ltd has declared dividend of ₹0.15 - translating a dividend yield of 0.02%.

Let's look at Balu Forge Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Balu Forge Industries Ltd’s revenue were ₹225.38Cr in the quarter ending September 2024. The revenue grew by 57.29% year on year basis since last quarter.
Balu Forge Industries Ltd’s profits were ₹48.14Cr in the quarter ending September 2024. The profits grew by 106.88% year on year basis since last quarter.
Balu Forge Industries Ltd’s dividend was ₹0.15 in the quarter ending June 2024.

Balu Forge Industries Ltd Dividend related ratios: