🔔 Rating Alert
UBS initiates coverage on Ramkrishna Forgings with a 'Buy' rating and a target price of Rs 1,500, indicating a 46% upside.
Ramkrishna Forgings Ltd Analyst Rating
based on 5 analysts
60.00%
Buy
0.00%
Hold
40.00%
Sell
Based on 5 analysts offering long term price targets for Ramkrishna Forgings Ltd. An average target of ₹940.8
Source: S&P Global Market Intelligence
Ramkrishna Forgings Ltd Share analysis
Ramkrishna Forgings Ltd price forecast by 5 analysts
Downside of
High
₹1100
Target
₹940.80
Low
₹770
Ramkrishna Forgings Ltd target price ₹940.8, a slight downside of -8.5% compared to current price of ₹1047.9. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ramkrishna Forgings Ltd revenue growth forecast
Expected growth rate Q1, FY2026:14.58%
Forecast
Actual
Including amortisation and stock based compensations
Ramkrishna Forgings Ltd EPS growth forecast
EPS estimate Q1, FY2026:64.80%
Forecast
Actual
Source: S&P Global Market Intelligence
Ramkrishna Forgings Ltd Performance
Day's Low
Day's High
₹1,036.05₹1,064.0552 Week's Low
52 Week's High
₹583.5₹1,064.05
| Returns % | |
| 1 Month Return | + 4.11 % |
| 3 Month Return | + 12.54 % |
| 1 Year Return | + 56.31 % |
| Market Stats | |
| Previous Close | ₹1,028.15 |
| Open | ₹1,058.30 |
| Volume | 20.14L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹18,603.34Cr |
Ramkrishna Forgings Ltd Key Statistics
| P/E Ratio | 51.85 |
| PEG Ratio | 19.79 |
| Market Cap | ₹18,603.34 Cr |
| P/B Ratio | 4.67 |
| EPS | 18.89 |
| Dividend Yield | 0 |
| Sector | Castings, Forgings & Fastners |
| ROE | 16.31 |
Ramkrishna Forgings Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹18,603.34 Cr | 353.19% | 0.63 | ₹341 Cr | ₹3,954 Cr | |
| NA | ₹12.02 Cr | 70.4% | 0.86 | NA | NA | |
| NA | ₹223.64 Cr | 56.59% | 0.79 | ₹3 Cr | ₹87 Cr | |
| NA | ₹507.13 Cr | 120.5% | 0.67 | ₹22 Cr | ₹276 Cr | |
| NA | ₹222.26 Cr | 217.13% | 0.85 | ₹1 Cr | ₹86 Cr |
Ramkrishna Forgings Ltd Mutual Fund Holdings
About Ramkrishna Forgings Ltd
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: ₹1047.90 per share as on 15 Oct, 2024 04:01 PM
Market Capitalisation: ₹18,603.34Cr as of today
Revenue: ₹1,005.02Cr as on June 2024 (Q2 24)
Net Profit: ₹80.90Cr as on June 2024 (Q2 24)
Listing date: 05 May, 2004
Chairperson Name: Mahabir Prasad Jalan
| Organisation | Ramkrishna Forgings Ltd |
| Headquarters | Kolkata |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 15 Oct
12:01 PM
-UBS initiates coverage on Ramkrishna Forgings with a Buy rating and a target price of ₹1,500, indicating a 46% upside.
Key events for Ramkrishna Forgings Ltd
UBS Initiates Buy on Ramkrishna Forgings with Target Price - 15 Oct, 2024
Ramkrishna Forgings shares surged after UBS initiated coverage with a Buy rating and a target price of ₹1,500, citing strong growth potential and earnings visibility. The stock has gained significantly over the past year, reflecting positive market sentiment.
Ramkrishna Forgings Sees Surge in Trading Volume - 20 Sep, 2024
On September 20, 2024, Ramkrishna Forgings Ltd experienced a significant trading volume of 9.33 lakh shares, a 57.13-fold increase over the two-week average. However, the stock price fell by 0.93% to Rs. 995.40.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 28.52% to 28.72% in Jun 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.47% to 1.51% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Price Rise
In the last 7 days, RKFORGE stock has moved up by 12.2%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 43.17% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 93.85 Cr → 80.9 Cr (in ₹), with an average decrease of 13.8% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 1.05K Cr → 1.01K Cr (in ₹), with an average decrease of 2.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 24.54% to 23.76% in Jun 2024 quarter
Ramkrishna Forgings Ltd Financials
Index Inclusions
Ramkrishna Forgings Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.17% | 0.00 | |
| Foreign Institutions | 23.76% | ||
| Mutual Funds | 1.51% | 2.99 | |
| Retail Investors | 28.72% | 0.70 | |
| Others | 2.84% | 23.54 |
Ramkrishna Forgings Ltd Key Indicators
Ramkrishna Forgings Ltd Valuation
Ramkrishna Forgings Ltd in the last 5 years
Lowest (-93.70x)
January 13, 2021
Industry (45.47x)
October 14, 2024
Today (51.85x)
October 14, 2024
Highest (101.52x)
June 4, 2021
Ramkrishna Forgings Ltd Earnings and Dividends
Ramkrishna Forgings Ltd Earnings Results
Ramkrishna Forgings Ltd’s net profit jumped 3.02% since last year same period to ₹80.90Cr in the Q1 2024-2025. On a quarterly growth basis, Ramkrishna Forgings Ltd has generated -13.8% fall in its net profits since last 3-months.
Read More about Earnings ResultsRamkrishna Forgings Ltd Dividends May,2024
In the quarter ending March 2024, Ramkrishna Forgings Ltd has declared dividend of ₹1 - translating a dividend yield of 0.19%.
Read More about Dividends
Ramkrishna Forgings Ltd Technicals Summary
Bearish
Neutral
Bullish
Ramkrishna Forgings Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Ramkrishna Forgings Ltd
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Ramkrishna Forgings Ltd (RKFORGE) share price today is ₹1047.9
Ramkrishna Forgings Ltd is listed on NSE
Ramkrishna Forgings Ltd is listed on BSE
- Today’s highest price of Ramkrishna Forgings Ltd is ₹1064.05.
- Today’s lowest price of Ramkrishna Forgings Ltd is ₹1036.05.
PE Ratio of Ramkrishna Forgings Ltd is 51.85
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 20.14L.
Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹18603.34Cr.
| Ramkrishna Forgings Ltd(RKFORGE | Price |
|---|---|
52 Week High | ₹1064.05 |
52 Week Low | ₹583.5 |
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹1047.9. It is down -1.52% from its 52 Week High price of ₹1064.05
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹1047.9. It is up 79.59% from its 52 Week Low price of ₹583.5
| Ramkrishna Forgings Ltd(RKFORGE | Returns |
|---|---|
1 Day Returns | 19.75% |
1 Month Returns | 4.11% |
3 Month Returns | 12.54% |
1 Year Returns | 56.31% |