Ramkrishna Forgings Ltd Analyst Rating
based on 7 analysts
71.43%
Buy
0.00%
Hold
28.57%
Sell
Based on 7 analysts offering long term price targets for Ramkrishna Forgings Ltd. An average target of ₹1131.14
Source: S&P Global Market Intelligence
Ramkrishna Forgings Ltd Share analysis
Ramkrishna Forgings Ltd price forecast by 7 analysts
Upside of17.40%
High
₹1500
Target
₹1131.14
Low
₹870
Ramkrishna Forgings Ltd target price ₹1131.14, a slight upside of 17.4% compared to current price of ₹963.5. According to 7 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ramkrishna Forgings Ltd revenue growth forecast
Expected growth rate Q1, FY2026:12.55%
Forecast
Actual
Including amortisation and stock based compensations
Ramkrishna Forgings Ltd EPS growth forecast
EPS estimate Q1, FY2026:52.30%
Forecast
Actual
Source: S&P Global Market Intelligence
Ramkrishna Forgings Ltd Performance
Day's Low
Day's High
₹957.85₹982.8552 Week's Low
52 Week's High
₹602.05₹1,064.05
| Returns % | |
| 1 Month Return | + 1.99 % |
| 3 Month Return | -0.34 % |
| 1 Year Return | + 26.63 % |
| Market Stats | |
| Previous Close | ₹963.65 |
| Open | ₹965.35 |
| Volume | 2.54L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹17,436.28Cr |
Ramkrishna Forgings Ltd Key Statistics
| P/E Ratio | 38.28 |
| PEG Ratio | 5.45 |
| Market Cap | ₹17,436.28 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 | ₹17,436.28 Cr | 268% | 0.63 | ₹341 Cr | ₹3,954 Cr | |
| BUY | ₹8,898.77 Cr | 226.69% | 0.66 | ₹740 Cr | ₹7,478 Cr | |
| HOLD | ₹6,568.75 Cr | 43.48% | 0.50 | ₹114 Cr | ₹990 Cr | |
| NA | ₹116.86 Cr | 45.25% | 0.61 | NA | NA | |
| NA | ₹418.61 Cr | 455.36% | 0.63 | ₹3 Cr | ₹64 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: ₹963.50 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹17,436.28Cr as of today
Revenue: ₹1,053.63Cr as on September 2024 (Q3 24)
Net Profit: ₹189.77Cr as on September 2024 (Q3 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 |
Key events for Ramkrishna Forgings Ltd
Ramkrishna Forgings Receives Positive Ratings and Targets - 21 Nov, 2024
Ramkrishna Forgings Ltd has received a BUY rating from UBS with a target price of Rs 1,500, suggesting a significant upside potential. Additionally, Asit C Mehta sets a target of Rs 1,255, reflecting strong growth prospects.
UBS Reaffirms Buy Rating for Ramkrishna Forgings - 19 Nov, 2024
UBS has reiterated a Buy rating for Ramkrishna Forgings with a target price of ₹1,500, highlighting strong growth potential from EVs, acquisitions, and new clients. The company has outperformed peers, with a projected revenue CAGR of 22% for FY25-27.
Sharekhan Maintains Buy Rating for Ramkrishna Forgings - 25 Oct, 2024
Sharekhan maintains a Buy rating on Ramkrishna Forgings with a revised target price of Rs 1111, citing strong volume growth guidance and robust business strategies despite a slight miss in APAT due to higher tax provisions.
Ramkrishna Forgings Reports Strong Q2 Results - 24 Oct, 2024
Ramkrishna Forgings posted a PAT of Rs 183 crore for Q2 FY25, up from Rs 80 crore last year. Total income increased to Rs 952 crore. The board approved a Re 1 interim dividend and announced plans for an Aluminium Forging Facility in Jamshedpur, targeting the EV market.
Ramkrishna Forgings Faces Downside Risks - 23 Oct, 2024
Ramkrishna Forgings Ltd is currently priced at Rs 967, with a downside risk of 15.7%. Support levels are at Rs 939 and Rs 909, while resistance is seen at Rs 989 and Rs 1,035. Weak momentum indicators suggest a potential fall to Rs 815.
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 IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 970.15 Cr → 1.13K Cr (in ₹), with an average increase of 14.7% per 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
FII Holding Up
Foreign Institutions have increased holdings from 23.76% to 24.25% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.51% to 1.75% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, RKFORGE stock has moved up by 407.3%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 80.9 Cr → 189.77 Cr (in ₹), with an average increase of 57.4% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 43.17% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 34.9% return, outperforming this stock by 8.2%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 28.72% to 27.44% in Sep 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 | 24.25% | 2.08 | |
| Mutual Funds | 1.75% | 15.84 | |
| Retail Investors | 27.44% | ||
| Others | 3.39% | 19.20 |
Ramkrishna Forgings Ltd Key Indicators
Ramkrishna Forgings Ltd Valuation
Ramkrishna Forgings Ltd in the last 5 years
Lowest (-93.70x)
January 13, 2021
Today (38.28x)
November 22, 2024
Industry (40.15x)
November 22, 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 130.86% since last year same period to ₹189.77Cr in the Q2 2024-2025. On a quarterly growth basis, Ramkrishna Forgings Ltd has generated 134.57% jump in its net profits since last 3-months.
Read More about Earnings ResultsRamkrishna Forgings Ltd Dividends October,2024
In the quarter ending September 2024, Ramkrishna Forgings Ltd has declared dividend of ₹1 - translating a dividend yield of 0.21%.
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.
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Ramkrishna Forgings Ltd (RKFORGE) share price today is ₹963.5
Ramkrishna Forgings Ltd is listed on NSE
Ramkrishna Forgings Ltd is listed on BSE
- Today’s highest price of Ramkrishna Forgings Ltd is ₹982.85.
- Today’s lowest price of Ramkrishna Forgings Ltd is ₹957.85.
PE Ratio of Ramkrishna Forgings Ltd is 38.28
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 2.54L.
Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹17436.28Cr.
| Ramkrishna Forgings Ltd(RKFORGE | Price |
|---|---|
52 Week High | ₹1064.05 |
52 Week Low | ₹602.05 |
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹963.5. It is down -9.45% from its 52 Week High price of ₹1064.05
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹963.5. It is up 60.04% from its 52 Week Low price of ₹602.05
| Ramkrishna Forgings Ltd(RKFORGE | Returns |
|---|---|
1 Day Returns | -0.15% |
1 Month Returns | 1.99% |
3 Month Returns | -0.34% |
1 Year Returns | 26.63% |