DSIJ Mindshare

Recently, the company along with its group entities has received orders worth Rs 60 crore for the supply of brass parts to the party to be completed in 1 year span. Earlier to this, the company completed the migration from the BSE SME platform to BSE Mainboard. Additionally, in the financial year 2023-2024, The Board of Directors of the company approved bonus shares in the proportion of 2:3 which had a record date of April 28, 2023.

Talking about the financials, Ramkrishna Forgings Limited has a market cap of Rs 6,740 crore. The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). The net sales increased by 37.68 per cent and the net profit increased by 25.25 per cent in FY23 over FY22. The EPS for FY23 stood at Rs 15.48.

According to the financials, Ashirwad Capital has a market cap of Rs 22.60 crore with a 3-year CAGR of 39 per cent. The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). The company is almost debt free. The shares of the company saw a spurt in volume by more than 2.20 times on BSE.

"We are delighted to receive this significant order for our Heavy Duty Ring Twister Machine," said Mr Dharmesh Desai, CMD of MEERA Industries Limited. "It reinforces our position as a leading provider of twisting machines and demonstrates the industry's confidence in our technological capabilities. MEERA Industries remains dedicated to driving innovation and exceeding customer expectations."

The company has a market cap of over Rs 11,000 crore with a 1-year CAGR of 79 per cent.  According to the consolidated statements, the net sales increased by 47.69 per cent and net profit increased by 58.69 per cent in Q4FY23 over Q4FY22. In FY23, net sales increased by 50.28 per cent and net profit increased by 42.76 per cent over FY22.