Stock Report

Ramkrishna Forgings Ltd commences commercial production of new line



Posted On : 2024-04-04 19:46:35( TIMEZONE : IST )

Ramkrishna Forgings Ltd commences commercial production of new line

The company has commenced commercial production of 4,500 MT of ENOMOTO 630 Tonnes Press Line and 13,750 MT of Maxi Press 6,000 Tonnes Press Line at Ramkrishna Forgings Limited - Plot No. 1988, Mouza Dugni, PO Kolabira, Dist. Saraikella, Kharswan w.e.f. 3 April, 2024. This will enhance the production capacity of the Company by 18,250 Tonnes Per Annum (TPA).

The total production capacity of the Company will now be 2,29,150 TPA.

The 630 Tonnes Press Line will help the Company to strengthen its foray into Warm Forgings.

The 6,000 Tonnes Press Line will help the Company to cater to additional demands from the customers.

The Company has invested around Rs. 54.59 Crores for making the capacity addition as per the Capex plan of the Company.

Source : Equity Bulls

Keywords

RamkrishnaForgings CommercialProduction NewLine