/ Ramkrishna Forgings Gains 4% Gets Certificate Of Registration For R&D Units ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 4 January 2017


Ramkrishna Forgings Ltd is currently trading at Rs 325, up by Rs 12.15 or 3.88% from its previous closing of Rs 312.85 on the BSE. The company has been granted Certificate of Registration to its in-House R & D units of its Plant located at Village Baliguma, P.O. Kolabera, Thana: Saraikela, Dist: Saraikela Kharswan, Jamshedpur, Jharkhand, by the Ministry of Science and Technology, Govt. of India and the same is valid till 31 March 2019.

The scrip opened at Rs 315.05 and has touched a high and low of Rs 333.4 and Rs 309 respectively. So far 49455 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 896.94 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 533 on 04-Jan-2016 and a 52 week low of Rs 256.25 on 21-Nov-2016. Last one week high and low of the scrip stood at Rs 315 and Rs 266 respectively.

The promoters holding in the company stood at 50.41 % while Institutions and Non-Institutions held 22.92 % and 26.67 % respectively. The stock is currently trading above its 200 DMA.
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