Ramkrishna Forgings Ltd

Ramkrishna Forgings Ltd Performance

₹271.5
Day's Price Range
₹281.65
₹146
52-Week Price Range
₹291.5
1 Month Return6.14 %
3 Month Return7.59 %
1 Year Return65.66 %

Analyst Rating

based on 6 analysts

BUY
85.71%
Buy
0.00%
Hold
14.29%
Sell

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

LowHigh

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.

  • 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

    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

    Price Rise
    img

    In the last 2 years, RKFORGE stock has moved up by 167.1%

  • imgPOSITIVE IMPACT

    Retail Holding Up
    img

    Retail Investor have increased holdings from 34.52% to 34.87% in Dec 2022 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up
    img

    Mutual Funds have increased holdings from 3.05% to 3.31% in Dec 2022 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 46.27% of holdings in Dec 2022 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall
    img

    Revenue is down for the last 2 quarters, 825.24Cr → 778.22Cr (in ₹), with an average decrease of 5.7% per quarter

  • imgNEGATIVE IMPACT

    Profit Down
    img

    Netprofit is down for the last 2 quarters, 67.23Cr → 61.04Cr (in ₹), with an average decrease of 9.2% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down
    img

    Foreign Institutions have decreased holdings from 14.52% to 14.00% in Dec 2022 quarter

Ramkrishna Forgings Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
46.27%
0.01
Foreign Institutions
14%
-3.58
Mutual Funds
3.31%
8.68
Retail Investors
34.87%
1.02
Others
1.54%
-6.03

Ramkrishna Forgings Ltd Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

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 More
  • Ramkrishna 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, 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.

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
OrganisationRamkrishna Forgings Ltd
HeadquartersKolkata
IndustryCastings, Forgings & Fastners
E-voting on sharesClick 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)
Today’s traded volume of Ramkrishna Forgings Ltd(RKFORGE) is 308890.
Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹4,231.76Cr.
Ramkrishna Forgings Ltd(RKFORGE)Price
52 Week High₹291.50
52 Week Low₹146.00
  • (last updated 24 Mar, 2023 at 04:01 PM)
  • Ramkrishna Forgings Ltd(RKFORGE) share price is ₹273.00 (last updated 24 Mar, 2023 at 04:01 PM). It is down -6.35% from its 52 Week High price of ₹291.50
    Ramkrishna Forgings Ltd(RKFORGE) share price is ₹273.00 (last updated 24 Mar, 2023 at 04:01 PM). It is up 86.99% from its 52 Week Low price of ₹146.00
    Ramkrishna Forgings Ltd(RKFORGE)Returns (%)
    1 Day Returns-1.10%
    1 Month Returns6.14%
    1 Year Returns65.66%
    3 Year Returns800.10%
    5 Year Returns86.39%
    Ramkrishna Forgings Ltd(RKFORGE) share price is ₹273.00 and its price to earning (PE) is 16.50. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.