Ramkrishna Forgings Ltd Opens Offices in Russia & Europe to further expand its global footprints

Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged and machined products has opened offices in Russia & Europe to further expand its global footprints and smooth functioning of its exports business.

Commenting on the occasion win Mr. Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings Limited said: "We ore working continuously to expand our presence in global markets like North America, South America, Europe & CIS countries as these countries presents it with many opportunities to do so. Our endeavour is capitalizing on opportunities to gain a foothold in these geographies with the help of our technical capabilities and state-of-the-art facilities. During our journey we have expanded our exports business significantly by increasing penetration with existing client base while on the other hand adding new customers periodically. To ensure the optimum level of engagement with alf its customers located in varied geographies, we have opened offices in Russia and Europe in addition to offices in USA, Mexico, South America & Turkey. We are well positioned to cater to the needs of these countries. As we look to take advantage of opportunities in these geographies, we will remain focused maintaining and growing our relationships with existing customers."

Shares of Ramkrishna Forgings Limited was last trading in BSE at Rs. 1201.05 as compared to the previous close of Rs. 1210.60. The total number of shares traded during the day was 12533 in over 737 trades.

The stock hit an intraday high of Rs. 1218.90 and intraday low of 1184.00. The net turnover during the day was Rs. 15023988.00.

Source : Equity Bulls

Keywords

RamkrishnaForgings INE399G01015 RKFORGE Russia Europe