Amic Forging
1,485.00
+9.40(+0.64%)
Market Cap₹1,713.70 Cr
PE Ratio48.40
Company Performance:
1D+0.64%
1M-1.53%
6M+5.24%
1Y+9.03%
5Y+490.81%
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More news about Amic Forging
16Jul 25
AMIC Forging Secures New Order Worth ₹54.6 Million, Bolstering Its Position in Precision Engineering
AMIC Forging Limited has received a new order worth ₹54.60 million from a joint venture of Mitsubishi Heavy Industries and partners. The order is for supplying high-performance roller segments, showcasing the company's engineering capabilities. AMIC Forging, founded in 2007, specializes in open-die forgings and precision machined components, serving various industries including heavy engineering, oil & gas, and power sectors. The company reported strong financial performance in FY 2024-25 with a total income of ₹121.32 crore and PAT of ₹35.56 crore.
09Jul 25
Amic Forging Achieves Milestone with Indian Boiler Rules Acknowledgment
Amic Forging has received an acknowledgment under the Indian Boiler Rules, marking a significant milestone for the company. This recognition demonstrates compliance with safety and quality standards set by Indian regulations for boiler-related operations. The acknowledgment could enhance Amic Forging's credibility, expand market opportunities, ensure operational safety, and provide a competitive advantage in the boiler industry.
19Jun 25
Amic Forging Plans Major Expansion with ₹270 Million Investment
Amic Forging has revealed plans for a major expansion, investing ₹270 million in land acquisition, a new factory, and machinery. This strategic move aims to increase production capacity, potentially improve efficiency, and strengthen the company's market position in the forging industry. The expansion is expected to significantly impact Amic Forging's operations and financial outlook, though specific timelines and financing details have not been disclosed.
19Mar 25
Amic Forging Unveils Ambitious Expansion Plans with ₹852.5 Crore Investment
Amic Forging Limited has approved strategic investments totaling ₹852.5 crore. The plan includes acquiring 3.5 Bigha of land for ₹2.5 crore to establish an ammunition manufacturing facility, investing ₹600 crore in a new ammunition unit focusing on cartridge production, and allocating ₹250 crore for new machinery and sheds to expand existing forging operations. The company expects to increase production capacity by 1,000 tons per month, with new facilities set to commence operations by June 1, 2025.
Amic Forging
1,485.00
+9.40
(+0.64%)
1 Year Returns:+9.03%
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