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LGB Forge Ltd.

BSE: 533007 Sector: Engineering
NSE: LGBFORGE ISIN Code: INE201J01017
BSE LIVE 13:49 | 14 Aug 3.65 0.12
(3.40%)
OPEN

3.36

HIGH

3.65

LOW

3.36

NSE 15:11 | 14 Aug 3.50 -0.05
(-1.41%)
OPEN

3.50

HIGH

3.50

LOW

3.50

OPEN 3.36
PREVIOUS CLOSE 3.53
VOLUME 28800
52-Week high 8.30
52-Week low 3.36
P/E
Mkt Cap.(Rs cr) 55
Buy Price 3.36
Buy Qty 2276.00
Sell Price 3.65
Sell Qty 540.00
OPEN 3.36
CLOSE 3.53
VOLUME 28800
52-Week high 8.30
52-Week low 3.36
P/E
Mkt Cap.(Rs cr) 55
Buy Price 3.36
Buy Qty 2276.00
Sell Price 3.65
Sell Qty 540.00

LGB Forge Ltd. (LGBFORGE) - Company History

LGB Forge Ltd is an India-based company. The company is engaged in the manufacture and sale of forged and machined components in India, Europe and the United States. They manufacture auto, electrical, and transmission forged components. They also supply products to non automotive segments like Valve Industry and infrastructure equipment industry. The company has three manufacturing units one in Mysore and other two in Coimbatore. The company has four business segments including cold forging division, hot and warm, forging division, and hot forging division. They supply their products to all the reputed companies in India as well as select customers in abroad. LGB Forge Ltd was incorporated as a public limited company on June 7, 2006. In March 2008, as per the scheme of arrangement, the entire business and assets of forging unit of L.G.Balakrishnan & Bros Ltd was de-merged and transferred to the company with effect from April 1, 2008. From August 1, 2008, the equity shares of the company were listed on Bombay Stock Exchange Ltd and The National Stock Exchange of India Ltd. During the year 2009-10, the company increased the production capacity of Forging Division by 75 tonnes to 3,075 tonnes.