Ramkrishna Forgings has acquired an order worth Rs 150 million to supply fabrication parts to one of the biggest players in the energy segment.
“We have bagged another fabrication order to one of the biggest players in the energy segment strengthening our presence in non-auto sectors. This is in-line with our strategy to improve our revenue share of non-auto segment and diversify our business,” said Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings.
“This order is a testimony of our products quality and technical strengths in this segment. We continue to explore newer opportunities to strengthen our non-auto business,” he added.
At 10:09 hrs Ramkrishna Forgings was quoting at Rs 1,186.00, down Rs 5.65, or 0.47 percent on the BSE.
News Source:- Moneycontrol