Ramkrishna Forgings is currently trading at Rs. 997.75, up by 16.40 points or 1.67% from its previous closing of Rs. 981.35 on the BSE.
The scrip opened at Rs. 989.80 and has touched a high and low of Rs. 1009.00 and Rs. 976.00 respectively. So far 33592 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. 484.85 on 18-Mar-2021.
Last one week high and low of the scrip stood at Rs. 1013.05 and Rs. 970.00 respectively. The current market cap of the company is Rs. 3202.65 crore.
The promoters holding in the company stood at 46.04%, while Institutions and Non-Institutions held 21.43% and 32.52% respectively.
Ramkrishna Forgings has bagged export order worth Rs 57.50 crore. The company has received export order to supply spindle over period of 3 years from one of the largest TIER-1 manufacturers in North America in CV segment. Earlier, the company had won biggest domestic order worth Rs 72 crore from an Indian OEM in the MHCV 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.