Ramkrishna Forgings wins non-auto segment order worth Rs 65 crore

22 Sep 2021 Evaluate

Ramkrishna Forgings has won a non-auto segment order worth Rs 65.00 crore for supply of mining and earthmoving components from an Indian arm of Hitachi. This order will be supplied in FY22 and FY23. With this order win company is moving closer to target of strengthening non-auto business further. Mining and earthmoving sector is an important part of this diversification strategy.

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.

Ramkrishna Forgings Share Price

691.05 -3.85 (-0.55%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Bharat Forge 1135.00
CIE Automotive India 461.20
Ramkrishna Forgings 691.05
MM Forgings 882.85
Happy Forgings 897.00
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