628.3000 -10.20 (-1.60%)
NSE Jun 20, 2025 15:14 PM
Volume: 1.9M
 

628.30
-1.60%
HDFC Securities
We value the stock at Rs 908 (18x Sept-20E EPS). Maintain BUY Ramkrishna Forgings (RMKF) reported another strong quarter with revenue/EBITDA growth of 36/29% YoY. Net revenue at Rs 4.6bn, aided by higher volume (+18% YoY at 35k tons) and improved net realization (+6% YoY). Domestic and export volumes stood at 27.5k (+19.3%) and 7.4k tons (+13%), respectively. Management expects exports contribution to increase in 2H led by an increase in content per vehicle.
Ramkrishna Forgings Ltd.'s price crossed above 50Day SMA today
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