Ramkrishna Forgings has completed the acquisition of 100% Equity Shares of Resortes Libertad S.A. de C.V. an existing Mexican Company. Pursuant to the said acquisition, Resortes Libertad S.A. de C.V. has become a wholly owned subsidiary of the Company with effective from August 13, 2024.
The Company would set up machining facilities in Mexico, North America. The machines required to set up the facility and the forgings that needs to be machined will be supplied by the Customer in North America under the $3.5 million per annum conversion take or pay agreement for 10 years with the 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.
| Company Name | CMP |
|---|---|
| Bharat Forge | 1859.95 |
| Ramkrishna Forgings | 535.30 |
| MM Forgings | 463.25 |
| Happy Forgings | 1336.75 |
| Balu Forge Industrie | 486.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: