Ramkrishna Forgings: Attractive Valuation
Moneylife Digital Team 23 February 2022
Ramkrishna Forgings (RK Forge) is India’s second-largest manufacturer and exporter of commercial vehicle (CV) forgings. The company, founded in 1981, supplies open and closed die forgings of carbon and alloy steel, micro alloy steel and stainless steel. Geographical mix of revenues in FY20-21 was: domestic: 59%, exports: 41%. The management sounds confident about ramping up exports led by...
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