₹757.45▲0.87%
0.98%
Low
Day's Volatility:3.17%
High
2.18%
57.11%
Low
52 Weeks Volatility:64.66%
High
7.56%
Returns % | |
1 Month Return | 4.74 % |
3 Month Return | -2.61 % |
1 Year Return | 127.96 % |
Market Stats | |
Previous Close | ₹750.90 |
Open | ₹759.30 |
Volume | 9.29L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹13,574.48Cr |
based on 7 analysts
Based on 7 analysts offering long term price targets for Ramkrishna Forgings Ltd. An average target of ₹765.43
Source: S&P Global Market Intelligence
Organisation | Ramkrishna Forgings Ltd |
Headquarters | Kolkata |
Industry | Castings, Forgings & Fastners |
E-voting on shares | Click here to vote |
Key events for Ramkrishna Forgings Ltd
Ramkrishna Forgings reported a strong Q4 FY24 performance with a 37% YoY increase in net profit and a 15% YoY increase in revenue. The company's board declared an interim dividend of Rs 1 per equity share. The stock gained 3.06% intraday to close at Rs 774.
Ramkrishna Forgings Faces Setback as Order Put on Hold - 22 Apr, 2024
Shares of Ramkrishna Forgings fell up to 7% after its approval to supply power train components to the largest US electric passenger vehicle producer was put on hold. The company had secured clearance for the project but it has been placed on hold. However, the company's financials show that sales climbed by 36% and net profit grew by 43%. Naresh Jalan, MD of Ramkrishna Forgings, said the company may see 15-20% volume growth in FY25 driven by non-auto segment and exports.
Ramkrishna Forgings Secures Major Supply Order for EV Components - 19 Apr, 2024
Ramkrishna Forgings has secured a significant supply order worth around Rs 400 crore per annum for the next few years from a US-based electric car manufacturer, believed to be Tesla. The new business will help broaden Ramkrishna Forgings' global footprint for EV components.
Ramkrishna Forgings Enters US EV Market - 18 Apr, 2024
Ramkrishna Forgings has secured approval from the largest electric passenger vehicle manufacturer in the US to supply powertrain components. This marks its entry into the US EV market and opens up new opportunities for strategic partnerships.
Ramkrishna Forgings Secures Rs 270-Crore Order for Vande Bharat Trains - 16 Apr, 2024
Ramkrishna Forgings has secured a Rs 270-crore order for Vande Bharat trains and foreign funds have been steadily raising stake in the company. The company had also won a $220-million contract in North American markets earlier this year, with expectations of adding Rs 1.2 billion/Rs 2.3 billion to its order book in FY25/26.
Ramkrishna Forgings Secures Order for Vande Bharat Train Sets - 15 Apr, 2024
Ramkrishna Forgings has secured a significant order worth Rs 270 crore to supply bogie frames for the sleeper version of the Vande Bharat trainset. The order encompasses 32 trainsets, each comprising 16 coaches, and is expected to produce a total of 1,024 bogie frames. The company's shares rose by over 5% on the news.
Ramkrishna Forgings Increases Production Capacity - 04 Apr, 2024
Ramkrishna Forgings has commenced commercial production of two new press lines that will increase its production capacity by 18,250 tonnes per annum. The company invested around Rs. 54.59 crore for the expansion, which was financed through a mix of equity and debt.
Fundamentals of Ramkrishna Forgings Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
In the last 1 year, RKFORGE stock has moved up by 128.0%
FII Holding Up
Foreign Institutions have increased holdings from 23.59% to 24.54% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 5 quarters, 778.22 Cr → 1.05K Cr (in ₹), with an average increase of 7.3% per quarter
Profit Spike
Netprofit is up for the last 5 quarters, 61.04 Cr → 86.86 Cr (in ₹), with an average increase of 8.4% per quarter
Best in 3 Years
In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
Promoter Holding Up
Promoters have increased holdings from 43.14% to 43.17% in Mar 2024 quarter
Against Peers
In the last 1 year, NMDC Ltd has given 131.6% return, outperforming this stock by 3.6%
Retail Holding Down
Retail Investor have decreased holdings from 29.56% to 28.52% in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 1.50% to 1.47% in Mar 2024 quarter
Ramkrishna Forgings Ltd in the last 5 years
Lowest (-93.70x)
January 13, 2021
Today (38.81x)
April 30, 2024
Industry (51.76x)
April 30, 2024
Highest (101.52x)
June 4, 2021
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 43.17% | 0.00 | |
Foreign Institutions | 24.54% | 0.00 | |
Mutual Funds | 1.47% | 0.00 | |
Retail Investors | 28.52% | 0.00 | |
Others | 2.3% | 0.00 |
Technicals of Ramkrishna Forgings Ltd share
News & Events of Ramkrishna Forgings Ltd
Ramkrishna Forgings Ltd (RKFORGE) share price today is ₹757.45
Ramkrishna Forgings Ltd is listed on NSE
Ramkrishna Forgings Ltd is listed on BSE
PE Ratio of Ramkrishna Forgings Ltd is 38.81
PE ratio = Ramkrishna Forgings Ltd Market price per share / Ramkrishna Forgings Ltd Earnings per share
Today’s traded volume of Ramkrishna Forgings Ltd(RKFORGE) is 9.29L.
Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹13574.48Cr.
Ramkrishna Forgings Ltd(RKFORGE | Price |
---|---|
52 Week High | ₹814.7 |
52 Week Low | ₹324.9 |
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹757.45. It is down -7.03% from its 52 Week High price of ₹814.7
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹757.45. It is up 133.13% from its 52 Week Low price of ₹324.9
Ramkrishna Forgings Ltd(RKFORGE | Returns |
---|---|
1 Day Returns | 6.55% |
1 Month Returns | 4.74% |
3 Month Returns | -2.61% |
1 Year Returns | 127.96% |