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Balu Forge Industries Ltd, has 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 Ltd becomes one of the largest ring rolling facilities in India, significantly expanding the nation's domestic heavy manufacturing capabilities.
At 12.21 pm, Balu Forge Industries Ltd was trading at Rs. 576.70, down by 0.29%, with a volume of 0.93 lakh shares on the BSE.
Advanced ring rolling to boost domestic manufacturing
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