Sunday 17 Oct, 2021 12:39 AM
Site map | Locate Us | Login
   HDFC Bank hits record high ahead of Q2 earnings    ITC jumps 11% in four days amid buzz of likely tieup with Amazon    Arvind Ltd leads losers in 'A' group    Arshiya Ltd leads losers in 'B' group    GTPL Hathway slips after Q2 PAT drops nearly 5% YoY    Volumes jump at Lakshmi Machine Works Ltd counter    Telecom shares fall    Auto stocks edge lower    Century Textiles soars after turnaround in Q2 performance     Escorts appoints Sanjeev Bajaj as head of construction equipment biz    Jindal Steel & Power Ltd up for third straight session    Adani Enterprises Ltd in demand    Mphasis Ltd sees sustained buying    Wipro Ltd spurts 7.44%, gains for third straight session    Vedanta Ltd stays supported 
Saravan Stocks
Hot Pursuit
Scrips, which has significant changes during the market hours.
Ramkrishna Forgings bags another export order from North American client
24-Sep-21   14:51 Hrs IST

Commenting on the order win Naresh Jalan, MD of Ramkrishna Forgings said, “Our foray into oil & gas exploration sector is reaping rich dividends. We have bagged a significant order of Rs 300 million (USD 4 Million per annum) one of the biggest OEM majors in Oil & Gas for pipe fitting parts in North America. This order further strengthens our penetration into this sector and is in line with the strategy to diversify its portfolio across sectors and geographies. With the pandemic behind us and all global markets are back to pre-Covid levels, this bodes well for us as a brand and opens lots of opportunities within this sector. We expect to receive repeat orders considering the current buoyancy in the market.”

Earlier on 15 September, Ramkrishna Forgings announced that it has bagged an export order worth Rs 25 crore (i.e. $3.5 million per annum) from a North American customer in Oil & Gas segment.

Ramkrishna Forgings is a manufacturer of supplier of open and closed die forgings of carbon and alloy steel, micro alloy steel and stainless-steel forgings. The company reported a consolidated net profit of Rs 24.69 crore in Q1 FY22 as against a net loss of Rs 29.48 crore in Q1 FY21. Net sales during the quarter increased by 267.1% Y-o-Y (year-on-year) to Rs 417.11 crore.

Shares of Ramkrishna Forgings were trading 0.67% lower at Rs 1,029.65 on BSE.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID:       Customers grievances :     Compliance officer : Mr.G Anand ,
Hit Count : 18027477
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016  |  MCX : INZ000081736
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 12815 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. Saravana Stocks Pvt. Ltd