MoneyWorks4Me

Sanghvi Forging & Engineering bags order worth Rs 5 crore

18 Apr 2012 Evaluate

Sanghvi Forging & Engineering, one of the top engineering and forging companies, have bagged orders worth Rs 5 crore from PSU's in domestic and overseas market. The estimated value of the project from the domestic market is Rs 2.7 crore, while that from overseas market is Rs 2.3 crore.

These orders have been secured from Oil & Gas and ship building sector. These orders further boost the order book of the company.

Sanghvi Forging and Engineering manufactures forged flanges, forgings and machined components for various industries like oil & gas, fertilizers, power, desalination & water treatment, ship building, defence, fabrication of process equipments, instrumentation etc. It is also capable of manufacturing both standardized as well as customized products.

Peers
Company Name CMP
Bharat Forge 2000.30
Ramkrishna Forgings 701.20
MM Forgings 615.85
Happy Forgings 2066.90
Balu Forge Inds. 507.30
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