Ramkrishna Forgings trades in green on bagging order worth Rs 15 crore
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Ramkrishna Forgings is currently trading at Rs. 1193.25, up by 1.60 points or 0.13% from its previous closing of Rs. 1191.65 on the BSE.
The scrip opened at Rs. 1199.95 and has touched a high and low of Rs. 1199.95 and Rs. 1174.00 respectively. So far 11178 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1259.60 on 11-Oct-2021 and a 52 week low of Rs. 336.25 on 09-Nov-2020.
Last one week high and low of the scrip stood at Rs. 1218.90 and Rs. 1161.75 respectively. The current market cap of the company is Rs. 3799.61 crore.
The promoters holding in the company stood at 46.02%, while Institutions and Non-Institutions held 22.58% and 31.40% respectively.
Ramkrishna Forgings has acquired an order worth Rs 15 crore. The company has bagged order to supply fabrication parts to one of the biggest players in the energy segment. The company has bagged fabrication order to one of the biggest players in the energy segment strengthening company’s presence in non-auto sectors. This is in-line with strategy to improve revenue share of non-auto segment and diversify business. This order is a testimony of products quality and technical strengths in this segment.
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.
.jpg)
