MoneyWorks4Me

Sanghvi Forging secures order worth Rs 5 crore

31 Jul 2012 Evaluate

Sanghvi Forging & Engineering, one of the top engineering and forging companies, has bagged orders worth Rs 5 crore. The order has been secured from the Indian Ship Building Sector, which will further boost the order book of the company.

Earlier in June, the company bagged orders worth Rs 6 crore. The orders bagged from both domestic and overseas market out which the major part comprises from the domestic 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 2005.00
Ramkrishna Forgings 702.80
MM Forgings 615.85
Happy Forgings 2065.70
Balu Forge Inds. 508.20
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