Hello Meet Kush
Forgings is not a really value added area . mostly one gets paid on machine hour basis … and even Ramkrishna and Bharat Forge have struggled to generate economic profits and return on capital.
Only if a company is making machined parts which required design inputs apart from casting foundry or forging press makes sense to invest…
I am purely looking from a business viability perspective… else any companys share price can be pulled up by operators
Malolan
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