Bengaluru, March 28 -- The shares of this auto ancillary stock, primarily engaged in the manufacture and sale of forged components of automobiles, railway wagons & coaches and engineering parts, came into focus on Friday after the company announced capacity addition of 14,250 MTPA.
Stock Performance
With a market capitalization of Rs 14,061.55 crore, the shares went up 3 percent to an intraday high of Rs 805 per share compared to the previous close price of Rs 781.05 per share. The shares retraced from the day's high and were trading at Rs 776.75, which is a slight decrease when looking at the previous close.
What Happened
Ramkrishna Forgings has commenced commercial production of the "Upsetters" at its Jharkhand facility. This will e...
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