{"id":104171,"date":"2023-06-16T16:15:00","date_gmt":"2023-06-16T10:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104171"},"modified":"2023-06-16T15:54:38","modified_gmt":"2023-06-16T10:24:38","slug":"2-stocks-hit-52-week-high-after-they-receive-an-order-under-aatma-nirbhar-bharat-initiative","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-stocks-hit-52-week-high-after-they-receive-an-order-under-aatma-nirbhar-bharat-initiative\/","title":{"rendered":"2 Stocks hit 52 week high after they receive an order under \u201cAatma Nirbhar Bharat\u201d Initiative\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1599850598\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The stocks of Ramkrishna Forgings (RKFL) and Titagarh Rail Systems (TRSL) have been in focus today after the consortium between the two companies received an order to manufacture and supply 1.54 million forged wheels from the Ministry of Railways under the \u201cAatma Nirbhar Bharat\u201d initiative.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1793433912\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The contract mentions a supply structure that involves the delivery of 40,000 forged wheels in the first year, 60,000 wheels during the second year, and 80,000 wheels each for every subsequent year thereafter. The total contract is valued at Rs 12,226.5 crores. The supply is said to be made over a period of 20 years.&nbsp;<\/p><p>The consortium plans to establish a state-of-the-art facility in order to manufacture the contracted forged wheels. The same will not only aid to address the demand of the domestic railway sector but also assists in the latent demand to be observed from the private players as well as for the export markets.&nbsp;<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RKFORGE\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Ramkrishna Forgings Limited<\/a><\/strong> is a company based in India that is engaged in the process of manufacturing forgings as well as the production of metal products.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-286471806\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s shares witnessed intra-day high levels of Rs 439.90, which is also marked as the stock\u2019s 52-week high price, indicating an 8 percent increase as compared to the previous closing levels of Rs 408.40.&nbsp;<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TWL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Titagarh Rail Systems Limited<\/a>,<\/strong> formerly Titagarh Wagons Limited, is engaged in the business of manufacturing and selling metro trains, passenger coaches, train electricals, etc.\u00a0<\/p><p>The company\u2019s shares witnessed intra-day high levels of Rs 434.40, which is also marked as the stock\u2019s 52-week high price, indicating a 4.40 percent increase as compared to the previous closing levels of Rs 416.15.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-158253119\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The stocks of Ramkrishna Forgings (RKFL) and Titagarh Rail Systems (TRSL) have been in focus today after the consortium between the two companies received an order to manufacture and supply 1.54 million forged wheels from the Ministry of Railways under the \u201cAatma Nirbhar Bharat\u201d initiative.&nbsp; The contract mentions a supply structure that involves the delivery [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":73343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[3256,3854,3851,2914,8238,7418,7417,7416,1477,8240,8237,3852,8372,7081,6200,7421,7423,7422,6201,6202],"class_list":["post-104171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-52-week-high","tag-52-week-high-stocks","tag-largecap-stocks-at-52-week-high","tag-ramkrishna-forgings","tag-ramkrishna-forgings-latest-news","tag-ramkrishna-forgings-ltd-deals","tag-ramkrishna-forgings-ltd-latest-news","tag-ramkrishna-forgings-ltd","tag-ramkrishna-forgings-news","tag-ramkrishna-forgings-orders","tag-ramkrishna-forgings-share-price","tag-stocks-at-52-week-high","tag-stocks-that-touched-52-week-high","tag-stocks-that-touched-52-week-high-today","tag-titagarh-wagons","tag-titagarh-wagons-ltd","tag-titagarh-wagons-ltd-latest-news","tag-titagarh-wagons-ltd-share-price","tag-titagarh-wagons-share-price","tag-titagarh-wagonslatest-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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