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Ramkrishna Forgings gets board approval for setting up Aluminium Forging Facility at Jamshedpur

02 Sep 2024 Evaluate

Ramkrishna Forgings has received board approval for setting up an Aluminium Forging Facility at Jamshedpur. The Board of Directors have also given an approval for an investment of Rs 57.5 crore to set up the facility, which will primarily cater to EV Market. The project will be set up with total installed capacity of 3,000 MT per annum and is expected to be commissioned by Q2 FY26. At the optimum capacity the project will generate additional revenue of Rs 175 crore per annum for the company. In its endeavour to get in light weighting to improve the performance, fuel efficiency and reduce environmental impact of a vehicle, the company has decided to enter into Aluminium Forging. 

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

535.30 1.55 (0.29%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1859.95
Ramkrishna Forgings 535.30
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Happy Forgings 1336.75
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