MoneyWorks4Me

Ramkrishna Forgings bags order worth Rs 12 crore

30 Aug 2021 Evaluate

Ramkrishna Forgings has bagged Letter of Intent (LOI) for its warm forging business worth Rs 12 crore per annum from a major global axle manufacturer located in India. This is a recurring order on annual basis and has potential to grow in coming years.

Ramkrishna Forgings is engaged in the manufacture of Screw Couplings, Draw Gear Assembly, Snubber Assembly, Hanger, Block Hanger Side Frame Key and various other forgings items of Railway Coaches and Wagon.

Peers
Company Name CMP
Bharat Forge 1851.95
Ramkrishna Forgings 689.75
MM Forgings 527.85
Happy Forgings 1862.65
Balu Forge Inds. 480.40
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