Returns % | |
1 Month Return | 6.14 % |
3 Month Return | 7.59 % |
1 Year Return | 65.66 % |
Source: S&P Global Market Intelligence
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 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 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
In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
In the last 1 year, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
In the last 2 years, RKFORGE stock has moved up by 167.1%
Retail Investor have increased holdings from 34.52% to 34.87% in Dec 2022 quarter
Mutual Funds have increased holdings from 3.05% to 3.31% in Dec 2022 quarter
Promoters holdings remained unchanged at 46.27% of holdings in Dec 2022 quarter
Revenue is down for the last 2 quarters, 825.24Cr → 778.22Cr (in ₹), with an average decrease of 5.7% per quarter
Netprofit is down for the last 2 quarters, 67.23Cr → 61.04Cr (in ₹), with an average decrease of 9.2% per quarter
Foreign Institutions have decreased holdings from 14.52% to 14.00% in Dec 2022 quarter
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’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 MoreIn the quarter ending March 2023, Ramkrishna Forgings Ltd has declared dividend of ₹0.5 - translating a dividend yield of 0.62%.
Read MoreOrganisation | Ramkrishna Forgings Ltd |
Headquarters | Kolkata |
Industry | Castings, Forgings & Fastners |
E-voting on shares | Click here to vote |
Ramkrishna Forgings Ltd(RKFORGE) share price today is ₹273.00 (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% |