Balu Forge, backed by Ashish Kacholia, surged 720% post-IPO but corrected sharply amid global volatility. Despite sideways movement, strong Q4 earnings, rising investor interest, and solid fundamentals support a bullish long-term outlook. Experts advise buy-on-dips with key support/resistance levels and a gradual accumulation strategy.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets