MoneyWorks4Me

Sanghvi Forging bags order worth Rs 6 crore

14 Jun 2012 Evaluate

Sanghvi Forging & Engineering, one of the top engineering and forging companies, has bagged orders worth Rs 6 crore. The orders have been bagged from both domestic and overseas market out which the major part comprises from the domestic market.

These orders have been secured from the Oil & Gas and Ship Building Sector. These orders further boost the order book of the company.

Earlier in April, the company bagged orders worth Rs 5 crore from PSU's in domestic and overseas market.

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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