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Ramkrishna Forgings is currently trading at Rs. 202.95, up by 5.90 points or 2.99% from its previous closing of Rs. 197.05 on the BSE.

The scrip opened at Rs. 200.00 and has touched a high and low of Rs. 205.65 and Rs. 197.45 respectively. So far 53915 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 251.92 on 11-Oct-2021 and a 52 week low of Rs. 145.50 on 21-Jun-2022.

Last one week high and low of the scrip stood at Rs. 205.65 and Rs. 181.60 respectively. The current market cap of the company is Rs. 3238.36 crore.

The promoters holding in the company stood at 46.23%, while Institutions and Non-Institutions held 18.49% and 35.28% respectively.

Ramkrishna Forgings has won a large business of Metal Bars worth Rs 20.5 crore ($2.58 million) per year from a market leader in rubber tracks for farm equipment and snowmobiles, as well as in solid and bias tyres for material handling equipment. It is also one of the top three construction market players for track and tyre solutions for small heavy equipment. This order has a potential to become an annual business of Rs 80 crore ($10 million). This order demonstrates the international markets’ acceptance of the company’s product quality and technological capability.

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.