American Funds decreased its stake in Ramkrishna Forgings from 7.97% to 5.96% by selling 36,24,124 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.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
