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Ramkrishna Forgings is currently trading at Rs. 1147.15, up by 41.85 points or 3.79% from its previous closing of Rs. 1105.30 on the BSE.

The scrip opened at Rs. 1114.00 and has touched a high and low of Rs. 1187.00 and Rs. 1114.00 respectively. So far 12896 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,187.00 on 07-Oct-2021 and a 52 week low of Rs. 315.15 on 14-Oct-2020.

Last one week high and low of the scrip stood at Rs. 1187.00 and Rs. 1065.00 respectively. The current market cap of the company is Rs. 3694.30 crore.

The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 23.13% and 30.89% respectively.

Ramkrishna Forgings has signed Memorandum of Understanding (MOU) with a US based technology partner for the development of Electric Vehicle Powertrain components for the Indian EV market. This marks the foray in a big way for both the entities into the EV market in India.
The technology partner is a leading expert in magnetic engineering innovations. Their expertise lies in efficiency enhancement which bestows a superior hallmark over its peers in the various industries they operate in. 

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.