NSE: RKFORGE | BSE: 532527

Mid-range Performer

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671.85 -2.55 (-0.38%)

36.86% Fall from 52W High

881.2K NSE+BSE Volume

NSE 01 Jul, 2025 3:31 PM (IST)

12,149

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

Ramkrishna Forgings Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for RKFORGE, BSE:532527 Ramkrishna Forgings Ltd.

Ramkrishna Forgings Ltd.

23 Jan 2023

671.85

-0.38%

Ramkrishna Forging

Buy: Ramkrishna Forgings Ltd.

Target

ICICI Direct

Ramkrishna Forgings Ltd. has lost -24.84% in the last 6 Months

Ramkrishna Forgings Ltd.

28 Oct 2022

671.85

-0.38%

Ramkrishna Forging

Buy: Ramkrishna Forgings Ltd.

Target

ICICI Direct

Promoters unpledged 0.01% of shares in last quarter. Total pledge stands at 5.76% of promoter holdings

Ramkrishna Forgings Ltd.

05 May 2022

671.85

-0.38%

RamkrishnaForge

Buy: Ramkrishna Forgings Ltd.

Anand Rathi

Ramkrishna Forgings Ltd. has lost -24.84% in the last 6 Months

Ramkrishna Forgings Ltd.

05 May 2022

671.85

-0.38%

Ramkrishna Forging

Buy: Ramkrishna Forgings Ltd.

ICICI Direct

Ramkrishna Forgings Ltd. has lost -24.84% in the last 6 Months

Ramkrishna Forgings Ltd.

21 Oct 2020

671.85

-0.38%

RamkrishnaForge

Buy: Ramkrishna Forgings Ltd.

Recommendation Target

Dolat Capital

Ramkrishna Forgings Ltd. is trading below its 100 day SMA of 673.9

Ramkrishna Forgings Ltd.

09 Sep 2020

671.85

-0.38%

RamkrishnaForge

Sell: Ramkrishna Forgings Ltd.

Recommendation Target

Dolat Capital

On the cusp of recovery; Rising debt is a concern Ramkrishna Forgings (RMKF) Q1FY21 performance was dismal. A sharp decline in domestic M&HCV; sales due to lockdown adversely affected its domestic revenue (-82% YoY). Export revenue also plunged 46%...

Ramkrishna Forgings Ltd. is trading above its 50 day SMA of 627.2

Ramkrishna Forgings Ltd.

29 Jun 2020

671.85

-0.38%

RamkrishnaForge

Sell: Ramkrishna Forgings Ltd.

Dolat Capital

Ramkrishna Forgings (RMKF) 4QFY20 performance was weak. A sharp decline in domestic M&HCV; sales adversely affected its domestic revenue (-54% YoY). Export revenue also plunged 40% YoY, driven by slowdown in the Class 8 truck segment. EBITDA margin contracted 363bps YoY to 16.5%, due to a negative operating leverage, while PAT (reported loss Rs 63mn) was suppressed by a higher depreciation and interest cost. The company is in the midst of a demand slump in the domestic CV and...

Ramkrishna Forgings Ltd. is trading above its 50 day SMA of 627.2

Ramkrishna Forgings Ltd.

20 Mar 2020

671.85

-0.38%

Ramkrishna Forgings - 3QFY20 Result Update

Buy: Ramkrishna Forgings Ltd.

Reliance Securities

M&HCVs; Volume Bottoming Out; Recovery Likely by mid-FY21E Led by significantly lower volume, Ramkrishna Forgings (RMKF) has delivered a highly disappointing performance in 3QFY20 with its PAT falling by 95% YoY to Rs17mn (vs. our estimate of Rs33mn). Its revenue declined by 49% YoY and 3% QoQ to Rs2.5bn (vs. our estimate of Rs2.8bn), while its volume declined by 50% YoY (+1% QoQ) to 18,730 tons owing to sharp decline in M&HCV; sales in the wake of higher axle load norm and ongoing economic slowdown. While EBITDA dropped by 55% YoY (+0.5% QoQ) to Rs475mn (slipping our estimate by 7.6%), EBIDTA margin contracted by 270bps YoY (+69bps QoQ) to 18.8% owing to 722bps YoY (+93bps QoQ)...