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Ramkrishna Forgings bags business contract worth around Rs 156 crore

24 Aug 2023 Evaluate

Ramkrishna Forgings has secured business contract valued at 17.2 million euros (around Rs 156 crore) from a Eurasian customer in farm equipment’s industry. The contract extends over a period of 4 years, resulting in an annual contract valued at around 4.31 million euros. 

Under the terms of this agreement, the Company will be supplying top-quality forged and machined components, catering specifically to Transmission and Engine parts. This partnership will extend over a span of 4 years, establishing a long-term association between the two entities.

The contract underscores the exceptional quality and reliability that the Company has consistently delivered to its clients in the farm equipment industry. This successful collaboration exemplifies the Company's dedication to providing tailored solutions that meet the unique demands of its customers.

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

610.05 -11.80 (-1.90%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1988.45
Ramkrishna Forgings 610.05
MM Forgings 493.05
Happy Forgings 1443.55
Balu Forge Industrie 550.40
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