Sanghvi Forging & Engineering bags Rs 6-crore orders

MUMBAI: Sanghvi Forging & Engineering ( SFEL) today said it has bagged orders worth Rs six crore from domestic and overseas market.

The orders, mostly from the overseas market, have been secured in oil and gas and ship building sectors, the company said in a statment.

"We are extremely pleased to bag these orders from diversified markets. Our project is nearing completion as well. With new orders at hand and the project commencing soon, we look forward for a healthy growth in the current fiscal," company's Managing Director Jayanti Sanghvi said.

The company is engaged in manufacturing of open and closed die forging products for the oil and gas, petrochemicals, ship building, power and other sectors.

"These orders will further boost the order book of the company," he added.