MoneyWorks4Me

Sanghvi Forging receives orders worth Rs 10 crore

01 Aug 2013 Evaluate

Sanghvi Forging & Engineering, one of the top engineering and forging companies in India has received orders worth Rs 10 crore. Majority of the orders are from the Power and Oil & Gas sector and around 15% comprises of exports. Further, around 45% of the current orders are for the new plant, which was commissioned recently. Fact that Power sector orders are being received specially in a slowdown in that sector is a source of encouragement for Sanghvi Forging.

Sanghvi Forgings & Engineering is an ISO 9001:2008 Certified Indian company engaged in manufacturing of open and closed die forgings products for the oil and gas, petro-chemicals, ship building, power and other sectors. It also exports to various foreign countries over the last two decades.

Peers
Company Name CMP
Bharat Forge 2001.20
Ramkrishna Forgings 701.20
MM Forgings 615.85
Happy Forgings 2066.90
Balu Forge Inds. 507.30
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