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Balu Forge Industries hit the 10% upper circuit on Thursday. The rally came after the company was inducted into the NATO supply chain to supply critical artillery shell bodies and forged defence components.
In simple terms, it means the company will make the metal bodies and heavy-duty parts used inside artillery shells and other military weapons.
For context, NATO stands for the North Atlantic Treaty Organization, a military alliance of 31 countries including the US, UK, France, Germany, Canada, Italy, Spain, Turkey, and several others across Europe and North America—so Balu Forge can supply defence components to all these member nations.
Why it matters: getting into NATO’s ecosystem isn’t easy. Suppliers must meet some of the strictest quality, safety, and reliability standards in the world.
For Balu Forge, this is proof that Indian defence manufacturing can compete and deliver at a global level.
How they pulled it off: Balu Forge specialises in closed-die forging, which allows ultra-precise, high-strength components.
It uses highly advanced machines to shape and strengthen metal parts and carries out all testing in-house. This allows the company to make complex defence components in large numbers without depending on outside vendors.
