Ramkrishna Forgings has commenced commercial production of the NATIONAL 5” UPSETTER and DEFRIS 2½” UPSETTER at its facility in Mouza Dugni, PO Kolabira, Dist. Saraikella, Kharswan. Effective from March 27, 2025, this expansion will enhance the company’s annual production capacity by 14,250 metric tonnes.
With this addition, the company’s total Hot & Warm Forgings Capacity has increased to 2,43,400 MT, while the Cold Forgings Capacity remains at 25,000 MT. Previously, the company’s hot and warm forgings capacity stood at 2,29,150 MT, with an 87.22% utilization rate as of December 31, 2024.
The expansion aligns with Ramkrishna Forgings’ long-term growth strategy, supporting increased demand from its customers. The company has invested approximately ₹40.85 crore in this capacity enhancement, financed through a mix of equity and debt under its capital expenditure plan.
Ramkrishna Forgings’ stock closed at ₹783.00 on Thursday. The stock hit an intraday high of ₹796.90 and a low of ₹770.05. Over the past year, it has ranged between a 52-week high of ₹1,064.05 and a low of ₹604.20.