Ramkrishna Forgings Ltd (RKFORGE)
₹273
Ramkrishna Forgings Ltd Performance
| Returns % | |
| 1 Month Return | 6.14 % |
| 3 Month Return | 7.59 % |
| 1 Year Return | 65.66 % |
Analyst Rating
based on 6 analysts
Based on 6 analysts offering long term price targets for Ramkrishna Forgings Ltd. An average target of ₹314.17
Source: S&P Global Market Intelligence
Analyst Forecast
Ramkrishna Forgings Ltd price forecast by 6 analysts
Upside of15.08%
High
₹385
Target
₹314.17
Low
₹235
Current Price: ₹273
Target Price: ₹314.17
Source: S&P Global Market Intelligence
Ramkrishna Forgings Ltd Price Movements
Ramkrishna Forgings jumped 6% on 15 Mar, 2023
Ramkrishna Forgings share price shot up after the company emerged as one of the lowest bidders for manufacturing and maintenance of forged railway wheels.
Ramkrishna Forgings fell 1% on 09 Mar, 2023
Ramkrishna Forgings share price declined amid broad weakness in the stock market. The management's optimistic target to double the revenues from railway business in the next financial year capped the losses.
Ramkrishna Forgings jumped 4% on 08 Mar, 2023
Ramkrishna Forgings share price rose amid reports of India Ratings upgrading the company's long-term rating of to A+.
Ramkrishna Forgings slipped 3% on 02 Mar, 2023
Ramkrishna Forgings share price eased after renowned credit rating agency ICRA lowered the company's bank financing outlook to stable.
Ramkrishna Forgings Ltd Valuation
Ramkrishna Forgings Ltd in the last 5 years
Lowest (-93.70x)
January 13, 2021
Today (16.50x)
March 24, 2023
Highest (101.52x)
June 4, 2021
16.50x
Price to Earnings TTM Ratio
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.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Price Rise
In the last 2 years, RKFORGE stock has moved up by 167.1%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 34.52% to 34.87% in Dec 2022 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.05% to 3.31% in Dec 2022 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 46.27% of holdings in Dec 2022 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 825.24Cr → 778.22Cr (in ₹), with an average decrease of 5.7% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 67.23Cr → 61.04Cr (in ₹), with an average decrease of 9.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 14.52% to 14.00% in Dec 2022 quarter
Ramkrishna Forgings Ltd Peer Comparison
Ramkrishna Forgings Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 46.27% | 0.01 | |
| Foreign Institutions | 14% | ||
| Mutual Funds | 3.31% | 8.68 | |
| Retail Investors | 34.87% | 1.02 | |
| Others | 1.54% |
Ramkrishna Forgings Ltd Company Financials
Corporate Announcements
Ramkrishna Forgings Ltd Earnings Results
Ramkrishna Forgings Ltd’s net profit jumped 34.6% since last year same period to ₹61.04Cr in the Q3 2022-2023. On a quarterly growth basis, Ramkrishna Forgings Ltd has generated -9.21% fall in its net profits since last 3-months.
Read MoreRamkrishna Forgings Ltd Dividends January,2023
In the quarter ending March 2023, Ramkrishna Forgings Ltd has declared dividend of ₹0.5 - translating a dividend yield of 0.62%.
Read More
Ramkrishna Forgings Ltd Company Information
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.
Ramkrishna Forgings Ltd Share Price: ₹273.00 per share as on 24 Mar, 2023 04:01 PM
Ramkrishna Forgings Ltd Market Capitalisation: ₹4,231.76Cr as of today
Ramkrishna Forgings Ltd Revenue: ₹778.22Cr as on December 2022 (Q4 22)
Ramkrishna Forgings Ltd Net Profit: ₹61.04Cr as on December 2022 (Q4 22)
Ramkrishna Forgings Ltd Listing date: 05 May, 2004
Ramkrishna Forgings Ltd Chairperson Name: Mahabir Prasad Jalan
| Organisation | Ramkrishna Forgings Ltd |
| Headquarters | Kolkata |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
Frequently Asked Questions
Ramkrishna Forgings Ltd(RKFORGE) share price today is ₹273.00 (last updated 24 Mar, 2023 at 04:01 PM)
- Today’s highest price of Ramkrishna Forgings Ltd(RKFORGE) is ₹281.65.
- Today’s lowest price of Ramkrishna Forgings Ltd(RKFORGE) is ₹271.50.
- (last updated 24 Mar, 2023 at 04:01 PM)
| Ramkrishna Forgings Ltd(RKFORGE) | Price |
|---|---|
| 52 Week High | ₹291.50 |
| 52 Week Low | ₹146.00 |
| Ramkrishna Forgings Ltd(RKFORGE) | Returns (%) |
|---|---|
| 1 Day Returns | -1.10% |
| 1 Month Returns | 6.14% |
| 1 Year Returns | 65.66% |
| 3 Year Returns | 800.10% |
| 5 Year Returns | 86.39% |