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May 26, 2026 06:04 AM • Livemint Markets

Ashish Kacholia portfolio stock Balu Forge jumps 8% after announcement to foray in aerospace business

▲ Bullish +2.46%

Balu Forge is directly impacted because it secured its first aerospace contract, signaling a high-margin business diversification. Receiving the advance payment validates the order execution, which is a strong positive trigger for a multi-day bullish momentum. This entry into a specialized sector boosts long-term growth visibility, making it highly attractive for swing and positional traders.

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