Ramkrishna Forgings Ltd share price logo

Ramkrishna Forgings Ltd Share Price (RKFORGE)

₹772.555.63%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Ramkrishna Forgings Ltd share Performance

  • ₹717.5
    ₹790
    ₹772.55
    downward going graph

    7.13%

    Low

    Day's Volatility:9.38%

    High

    2.26%

    downward going graph
  • ₹300.35
    ₹814.7
    ₹772.55
    downward going graph

    61.12%

    Low

    52 Weeks Volatility:66.58%

    High

    5.46%

    downward going graph
1 Month Return16.3 %
3 Month Return1.15 %
1 Year Return138.4 %
Previous Close₹731.40
Open₹730.05
Volume26.12L
Upper Circuit-
Lower Circuit-
Market Cap₹13,221.97Cr

Analyst Rating for Ramkrishna Forgings Ltd stock

based on 7 analysts

BUY
62.50%
Buy
12.50%
Hold
25.00%
Sell

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

Company Information

Ramkrishna Forgings Ltd, incorporated in the year 1997, is a leading manufacturer of forgings and precision machined components in India.

Ramkrishna Forgings Ltd is engaged in the production of high-quality forgings and machined components for a wide range of industries, such as automotive, aerospace, power generation, oil & gas, and general engineering. The company is equipped with the latest machinery and technology to meet the exacting requirements of its customers.

The company's top products include closed die forgings, open die forgings, machined components, and hot forged components. Its popular brands include Ramkrishna Forgings, Ramkrishna Precision, and Ramkrishna Machining. The company also offers a range of services, such as heat treatment, CNC machining, and surface treatment.

Share Price: ₹772.55 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹13,221.97Cr as of today
Revenue: ₹1,057.79Cr as on December 2023 (Q4 23)
Net Profit: ₹86.86Cr as on December 2023 (Q4 23)
Listing date: 05 May, 2004
Chairperson Name: Mahabir Prasad Jalan
OrganisationRamkrishna Forgings Ltd
HeadquartersKolkata
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for Ramkrishna Forgings Ltd

  • 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 on Ramkrishna Forgings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 778.22 Cr → 1.05K Cr (in ₹), with an average increase of 7.3% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.78% to 29.56% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, RKFORGE stock has moved up by 9.4%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 61.04 Cr → 86.86 Cr (in ₹), with an average increase of 8.4% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 43.14% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 1.99% to 1.50% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 23.67% to 23.59% in Dec 2023 quarter

Ramkrishna Forgings Ltd Valuation

Ramkrishna Forgings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-93.70x)

January 13, 2021

Today (39.93x)

April 19, 2024

Industry (50.28x)

April 19, 2024

Highest (101.52x)

June 4, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
Aditya Birla Sun Life Pure Value Fund Direct Plan GrowthAditya Birla Sun Life Pure Value Fund Direct Plan Growth2.88%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.48%
Axis Nifty Smallcap 50 Index Fund Direct GrowthAxis Nifty Smallcap 50 Index Fund Direct Growth1.35%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.48%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.48%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
43.14%
0.01
Foreign Institutions
23.59%
-0.35
Mutual Funds
1.5%
-24.49
Retail Investors
29.56%
2.71
Others
2.2%
-8.85

Technicals of Ramkrishna Forgings Ltd share

News & Events of Ramkrishna Forgings Ltd

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Ramkrishna Forgings Ltd shares.

Ramkrishna Forgings Ltd (RKFORGE) share price today is ₹772.55

Ramkrishna Forgings Ltd is listed on NSE

Ramkrishna Forgings Ltd is listed on BSE

  • Today’s highest price of Ramkrishna Forgings Ltd is ₹790.
  • Today’s lowest price of Ramkrishna Forgings Ltd is ₹717.5.

PE Ratio of Ramkrishna Forgings Ltd is 39.93

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 26.12L.

Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹13221.97Cr.

Ramkrishna Forgings Ltd(RKFORGEPrice
52 Week High
₹814.7
52 Week Low
₹300.35

Ramkrishna Forgings Ltd(RKFORGE) share price is ₹772.55. It is down -5.17% from its 52 Week High price of ₹814.7

Ramkrishna Forgings Ltd(RKFORGE) share price is ₹772.55. It is up 157.22% from its 52 Week Low price of ₹300.35

Ramkrishna Forgings Ltd(RKFORGEReturns
1 Day Returns
41.15%
1 Month Returns
16.3%
3 Month Returns
1.15%
1 Year Returns
138.4%