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EQUITY - MARKET SCREENER

Oil India Ltd
Industry :  Oil Drilling / Allied Services
BSE Code
ISIN Demat
Book Value()
533106
INE274J01014
298.3267882
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
OIL
11.97
77914.51
EPS(TTM)
Face Value()
Div & Yield %
40.03
10
2.4
 

Balu Forge acquires state-of-the-art ring rolling production line
Sep 03,2026

Balu Forge Industries announced the successful acquisition of a state-of-the-art ring rolling production line capable of producing forged rings up to 6.7 meters in Outer Diameter (OD).

With this acquisition, Balu Forge Industries becomes one of the largest ring rolling facilities in India, significantly expanding the nation's domestic heavy manufacturing capabilities.

By commissioning machinery of this unprecedented scale, the company is perfectly positioned to meet the escalating demands of next-generation infrastructure, heavy industry, and advanced technology sectors. Balu Forge Industries is now better positioned to drastically reducing the reliance on imported ultra-large forged & precision machined parts. The ring rolling production line will commence the production trial before the end of 2026.