Morgan Stanley increased its stake in Ramkrishna Forgings Limited from 1.06% to 1.12%, acquiring 1,919,434 shares in a rights issue context.
A leading manufacturer of forged components for automobiles, railway wagons, coaches, and engineering applications across India. The company specializes in producing high-quality forged automotive parts and engineering components that serve diverse industrial sectors. Its expertise in advanced forging technology, precision manufacturing capabilities, and commitment to quality distinguish it as a major player in the Indian auto components and forging industry.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.