NSE: RKFORGE | BSE: 532527

Weak Stock

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478.35 -18.65 (-3.75%)

High volume today

NSE 18 Dec, 2025 3:31 PM (IST)

8,649.9

Market Cap

High in industry

Beta 1Year

Low volatility

Ramkrishna Forgings Ltd. share price target and research reports

Name: Latest research reports of Ramkrishna Forgings Ltd. authored by ICICI Direct and published by - Trendlyne research reports.
Item: Ramkrishna Forgings Ltd.
Rating: 5
Author: ICICI Direct

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

Ramkrishna Forgings Ltd.

23 Jan 2023

478.35

-3.75%

Ramkrishna Forging

Buy: Ramkrishna Forgings Ltd.

Target

ICICI Direct

Ramkrishna Forgings Ltd. is trading below all available SMAs

Ramkrishna Forgings Ltd.

28 Oct 2022

478.35

-3.75%

Ramkrishna Forging

Buy: Ramkrishna Forgings Ltd.

Target

ICICI Direct

Ramkrishna Forgings has lost -48.12% in the last 1 Year

Ramkrishna Forgings Ltd.

05 May 2022

478.35

-3.75%

RamkrishnaForge

Buy: Ramkrishna Forgings Ltd.

Anand Rathi

Ramkrishna Forgings has lost -48.12% in the last 1 Year

Ramkrishna Forgings Ltd.

05 May 2022

478.35

-3.75%

Ramkrishna Forging

Buy: Ramkrishna Forgings Ltd.

ICICI Direct

Ramkrishna Forgings Ltd. is trading below all available SMAs

Ramkrishna Forgings Ltd.

21 Oct 2020

478.35

-3.75%

RamkrishnaForge

Buy: Ramkrishna Forgings Ltd.

Recommendation Target

Dolat Capital

Ramkrishna Forgings has lost -25.30% in the last 6 Months

Ramkrishna Forgings Ltd.

09 Sep 2020

478.35

-3.75%

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 below all available SMAs

Ramkrishna Forgings Ltd.

29 Jun 2020

478.35

-3.75%

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 below all available SMAs

Ramkrishna Forgings Ltd.

20 Mar 2020

478.35

-3.75%

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)...