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Ramkrishna Forgings Ltd.

BSE: 532527 Sector: Engineering
NSE: RKFORGE ISIN Code: INE399G01015
BSE 10:13 | 01 Mar 557.00 3.50
(0.63%)
OPEN

553.50

HIGH

559.00

LOW

553.50

NSE 10:09 | 01 Mar 556.35 2.35
(0.42%)
OPEN

559.40

HIGH

560.05

LOW

552.00

OPEN 553.50
PREVIOUS CLOSE 553.50
VOLUME 761
52-Week high 615.00
52-Week low 135.45
P/E
Mkt Cap.(Rs cr) 1,781
Buy Price 555.65
Buy Qty 10.00
Sell Price 557.35
Sell Qty 3.00
OPEN 553.50
CLOSE 553.50
VOLUME 761
52-Week high 615.00
52-Week low 135.45
P/E
Mkt Cap.(Rs cr) 1,781
Buy Price 555.65
Buy Qty 10.00
Sell Price 557.35
Sell Qty 3.00

Ramkrishna Forgings Ltd. (RKFORGE) - Company History

Ramkrishna Forgings Ltd is an India-based company. The company 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. They manufacture and supply of open and closed plain carbon and low alloy steel forgings in the as- Forged Heat Treated and Machined condition for Railways Automobile and General Engineering Purposes. The company's products include forgings for railway coaches wagons and locomotives; forgings for automobiles mining and general engineering; forgings for valve bodies; transmission items; track links master links and trade rollers; drop forgings from 1 kilogram to 125 kilograms and forged and fabricated spares for railway wagons coaches diesel and steam locos such as hanger screw coupling side frame key shackle stone guide lower spring seats draw gear assembly snubber assy block hangers draw hook and drawbar.Ramkrishna Forgings Ltd was incorporated on November 11 1981 as a private limited company with the name Ramkrishna Forgings Pvt Ltd. In the year 1984 the company commenced their production as a SSI unit. They started with the manufacturing of forging items for Railways. Over a period of time the unit developed various other parts uses by Railway. In May 25 1995 the company was converted into a public limited company and the name was changed to Ramkrishna Forgings Ltd. In the year 1997 the company undertook major expansion whereby they increased their forging & die making capacity at Jamshedpur. Also they purchased a unit at Liluah Industrial Area Howrah which had a machine shop for the rough machining of components. This acquisition helped the company to supply finished components to Railways & Body Builders directly from their Local unit.During the year 2004-05 the company installed two double acting ram type drop hammers of 6 ton and 3 ton capacity. They commissioned an up setter forging Machine line. Also they installed a new ring rolling machine. Also they set up a new CNC unit in close proximity to its existing unit at Jamshedpur and commenced commercial production. During the year 2008-09 the company augmented their Machining Facilities by procuring the CNC Gear Hobbing Machines CNC Gear Shaving Machine and CNC Gear Shapping Machine from Mitsubishi Heavy Industries Ltd. They installed CNC Gear Hobbing Machines from Premier Ltd. Also they further augmented the machining facilities by installation of 10 CNC Vertical Turingin Centres from Korea. During the year 2009-10 the company installed a press of 2000 tons. During the year 2010-11 the company increased their billet cutting facilities by importing fully automatic horizontal bandsaw machine from Amada Machine Tools Japan. They augmented their machining facilities by procuring CNC Gear Hobbing Machines from Mitsubishi Heavy Industries Ltd Japan and Premier Ltd High Performance CNC Turning Centers and CNC Vertical Machining Centers from Doosan Korea.During the year the company added 50 new products in the Turing section 22 new products in the Gear section and 12 new products in HMC/ VMC section. In January 2011 the company increased the installed capacity of the forgings section by 3600 tons with the installation of Maxi-Press at its Plant I at Jamshedpur.

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