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Amic Forging Limited is a leading manufacturer of Open Forgings from India. It manufactures precision machined components duly heat treaded as per customer specifications and International Standard catering to the requirements of Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and other related industries. It expertise in manufacturing different forging components as per international standards like AISI, BS, IS, DIN etc. Some of common running components are Rounds, Shafts, Blanks and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, other all kinds of engineering spares as per customer specifications. These products are mainly manufactured in carbon steel, alloy steel, stainless steel, Nickel and Tools Alloys.
Amic Forging major competitors are MM Forgings, Tirupati Forge, LGB Forge, Kalyani Forge, Hilton Metal Forging, Samrat Forgings Ltd., Paramount Spec Forg.
Market Cap of Amic Forging is ₹1,423 Crs.
While the median market cap of its peers are ₹217 Crs.
Amic Forging seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.