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CRISIL downgrades long term rating of Ramkrishna Forgings to ‘BBB+’

25 Oct 2013 Evaluate

Credit rating agency, CRISIL has downgraded the long term rating of Ramkrishna Forgings from ‘A-‘ to ‘BBB+’. Besides, ICRA has downgraded the long term rating of the company from ‘A-’ to ‘BBB+’ while short term rating has been revised from ‘A1’ to ‘A2’.

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.

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
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