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Ramkrishna Forgings executes subscription, shareholders agreement with Waygzata II Indian Ocean

25 Feb 2013 Evaluate

Ramkrishna Forgings has executed a subscription and shareholders agreement with Waygzata II Indian Ocean on February 22, 2013 for issue of 3,724,500 equity shares at a price of Rs 132.75 per equity share.

Ramkrishna Forgings undertakes turnkey development of forgings and stampings from raw samples. It also designs and develops special dies for customers. The company exports its products to Germany, USA, Mexico, Brazil, Bangladesh, Sri Lanka and Japan.

Peers
Company Name CMP
Bharat Forge 1735.00
Ramkrishna Forgings 694.25
MM Forgings 630.45
Happy Forgings 1684.30
Balu Forge Inds. 501.55
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