BNP Paribas decreased its stake in Ramkrishna Forgings from 1.24% to 1.20% in a rights issue, selling 74,938 shares. The value of shares sold is ₹4.26 Cr at ₹568.25 apiece.
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.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.