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Ramkrishna Forgings Ltd ( (IN:RKFORGE) ) just unveiled an announcement.
Ramkrishna Forgings Limited has announced a capacity addition of 14,250 metric tonnes with the commencement of commercial production at their facility in Saraikella, Kharswan. This expansion, financed through a mix of equity and debt, increases the company’s total production capacity to 268,400 metric tonnes per annum, aiming to meet the rising demand from its customers.
More about Ramkrishna Forgings Ltd
Ramkrishna Forgings Limited operates in the manufacturing industry, specializing in the production of forged components. The company focuses on hot, warm, and cold forgings, catering primarily to the automotive and industrial sectors.
YTD Price Performance: -13.41%
Average Trading Volume: 39,164
Current Market Cap: 146.2B INR
For a thorough assessment of RKFORGE stock, go to TipRanks’ Stock Analysis page.