Asia
Balu Forge Industries Bags Maiden Purchase Order for Aerospace Sector; Shares Jump 6%
Precision engineering and manufacturing company Balu Forge Industries (BOM:531112) has secured a new purchase order of an undisclosed amount from U.S.-based Alpha Aircraft Systems, according to a Tuesday filing with the BSE.The order marks the company's foray into the aerospace sector, with its first commercial purchase for precision-engineered components to Alpha Aircraft.The company's shares were up over 6% in recent trade.
BOM:531112
