Shares of Balu Forge Industries, backed by investor Ashish Kacholia, have surged over 1300% in the last two years, driven by strong profit growth. The stock, which manufactures crankshafts and forged components, saw profit booking on Monday, falling by 1.5%. Experts suggest monitoring the Rs 740 and Rs 800 levels for future price action.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 1000 crore, 11 stocks’ close prices crossed above their 200 DMA (Daily Moving