Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings Limited said: “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."
Khetan added, "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.”
At around 2.59 pm, the company’s stock was trading at Rs1,120 per piece down by 3.9% on Sensex.