Balu Forge shares declined to Rs 465.30 on the NSE. It opened lower by 2.18 percent and has been declining for the past five trading sessions.
The company had delivered a PAT of Rs 23.27 crore in the second quarter of the fiscal 2023-24.
Indian benchmark indices ended higher amid volatility ahead of the US Fed meeting. Here are some of the stocks that moved the most on September 9.
The Nifty Small 100 index was lower by 1.3 percent, while the frontline indices were mild in the green.
It had clocked a profit after tax of Rs 10.64 crore in the April-June period last year, the company said in a regulatory filing.