US-based venture capital firm buys stake in THIS auto stock. Do you own?
21 hours, 51 minutes ago

US-based venture capital firm buys stake in THIS auto stock. Do you own?

Live Mint  

Ramkrishna Forgings share price rallied over 3.12 per cent to ₹945.75 on Tuesday's trading session after UK-based venture capital firm SMALLCAP World Fund increased its stake in the auto company on Monday. According to the exchange filing, the company has acquired 12,698,933 shares of Ramkrishna Forgings, increasing its total ownership to 7 per cent. As per the shareholding pattern available on the stock exchange for September, the venture capital firm previously held a 6.73 per cent stake in the auto company. UBS is optimistic about Ramkrishna Forgings, anticipating that the company will surpass its competitors as it evolves from a forged product manufacturer to a comprehensive assembly provider, offering clients seamless one-stop solutions.

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Live Mint  

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News 18  

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Firstpost  

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