Amic Forging surges on bagging order worth Rs 5.46 crore
Amic Forging is currently trading at Rs 1640.00, up by 24.75 points or 1.53% from its previous closing of Rs 1615.25 on the BSE.
The scrip opened at Rs 1620.00 and has touched a high and low of Rs 1648.00 and Rs 1620.00 respectively. So far 5900 shares were traded on the counter.
The BSE group 'M' stock of face value Rs 10 has touched a 52-week high of Rs 1809.45 on 28-Aug-2024 and a 52-week low of Rs 850.00 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs 1669.95 and Rs 1605.05 respectively. The current market cap of the company is Rs 1720.10 crore.
The promoters holding in the company stood at 57.96%, while Institutions and Non-Institutions held 0.92% and 41.13% respectively.
Amic Forging has received an order valued at around Rs 5.46 crore from a prominent Original Equipment Manufacturer (OEM), which is a joint venture of Mitsubishi heavy Industries and Partners, for the supply of high-performance roller segment.
This order not only underscores the company’s unmatched engineering excellence and product reliability, but also further cements its position as a formidable player in the roller segment. With this, the company continues to accelerate its expansion trajectory across various markets, bolstered by a strong reputation for delivering precision material across critical industries.
Amic Forging is a manufacturer in forging industry and is engaged in manufacturing of forged Components catering to various industries.
