RKFORGE CMP 640.(Only for Long Term Players). Stock is fundamentaly strong and posted good numbers in last quarter.In this falling situation we can add this to Portfolio.Risk Reward also good.We can see a sharp rally in coming days in this counter.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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21.25 INR
3.41 B INR
38.59 B INR
78.37 M
About RAMKRISHNA FORGINGS LTD
Sector
Industry
CEO
Naresh Jalan
Website
Headquarters
Kolkata
Founded
1981
ISIN
INE399G01023
FIGI
BBG000NQ0QV4
Ramkrishna Forgings Ltd. is a holding company, which engages in the mafacture of forgings. It operates through the Forging Components and Others segments. Its products include rolled, machined, and forged. Its applications include automotive, earth moving and mining, farm equipment, general equipment, railways, steel plants, and oil exploration. The company was founded by Mahabir Prasad Jalan on November 12, 1981, and is headquartered in Kolkata, India.
RKFORGE - Swing Long SetupEnter with Limit order placed at - 989.70
Target with Risk to reward 1:2 is 1178.6
Stoploss only when 1 day candle closes below the price - 874.25
Note: This is not any financial advice, this is for education purpose only
Darvas Box Strategy - Breakout Stock Disclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop lo
SWING IDEA - RK FORGINSRK Forgings , a key player in the forging industry, is showing technical indicators that suggest a promising swing trade opportunity.
Reasons are listed below :
850 Resistance Turned Support : The 850 level, previously a strong resistance, has now turned into a robust support level, indicating
RKForge - Narrow Range Ramakrishna Forgings Ltd. - NSE
Narrow Range in daily timeframe.
Increasing Relative Strength
Outperforming benchmark and sectoral index.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
RKFORGE potential breakout POSITIVE POINTS:-
Strong buying Force.
Trading in a narrow range.
High relative strength.
Took support from 50EMA & now above 20EMA.
Volume contraction & institutional footprints visible.
NEGATIVE POINTS:-
Overall market condition is not favorable for breakout trading. Key indices are near 50EMA, t
Swing trading-Ramakrishna Forging52 W high breakout done & coming for retest
Entry- after 910 breakout
SL-698
Target-1250
RAMKRISHNA FORGINGS - swing trade Entry - above 928 hourly or daily closing candle
sl 883 -
tgt 1044, 1118
This is not a recommendation on buy/sell. Please consult your financial advisor before any investment.
Ramkrishna Forgins: Up move likely to startUp move probably going to start in Ramakrishna Forgins. As you can see that there was a Consolidation phase for a month and now the Entry signal has come. It is also in the ATL which is also giving 2nd level confidence of its UpMove!! Targets are High. Play according to your risk appetite.
Ramkrishna Forgings LtdTargets open
Entry zone 828 - 850 levels
SL - Trendline support
Fundamentals
Market Cap
₹ 16,255 Cr.
Current Price
₹ 899
High / Low
₹ 930 / 428
Stock P/E
47.6
Book Value
₹ 148
Dividend Yield
0.22 %
ROCE
18.7 %
ROE
17.0 %
Face Value
₹ 2.00
Price to book value
6.06
Intrinsic
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Strong sellSellNeutralBuyStrong buy
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RKFORGE is 760.25 INR — it has decreased by −0.38% in the past 24 hours. Watch RAMKRISHNA FORGINGS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange RAMKRISHNA FORGINGS LTD stocks are traded under the ticker RKFORGE.
RKFORGE stock has fallen by −1.64% compared to the previous week, the month change is a 8.15% rise, over the last year RAMKRISHNA FORGINGS LTD has showed a 12.96% increase.
We've gathered analysts' opinions on RAMKRISHNA FORGINGS LTD future price: according to them, RKFORGE price has a max estimate of 1,500.00 INR and a min estimate of 900.00 INR. Watch RKFORGE chart and read a more detailed RAMKRISHNA FORGINGS LTD stock forecast: see what analysts think of RAMKRISHNA FORGINGS LTD and suggest that you do with its stocks.
RKFORGE reached its all-time high on Oct 15, 2024 with the price of 1,064.05 INR, and its all-time low was 4.10 INR and was reached on Mar 19, 2009. View more price dynamics on RKFORGE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RKFORGE stock is 3.90% volatile and has beta coefficient of 1.70. Track RAMKRISHNA FORGINGS LTD stock price on the chart and check out the list of the most volatile stocks — is RAMKRISHNA FORGINGS LTD there?
Today RAMKRISHNA FORGINGS LTD has the market capitalization of 133.68 B, it has decreased by −8.07% over the last week.
Yes, you can track RAMKRISHNA FORGINGS LTD financials in yearly and quarterly reports right on TradingView.
RAMKRISHNA FORGINGS LTD is going to release the next earnings report on Apr 30, 2025. Keep track of upcoming events with our Earnings Calendar.
RKFORGE earnings for the last quarter are 5.50 INR per share, whereas the estimation was 5.75 INR resulting in a −4.27% surprise. The estimated earnings for the next quarter are 6.80 INR per share. See more details about RAMKRISHNA FORGINGS LTD earnings.
RAMKRISHNA FORGINGS LTD revenue for the last quarter amounts to 9.53 B INR, despite the estimated figure of 10.24 B INR. In the next quarter, revenue is expected to reach 10.56 B INR.
RKFORGE net income for the last quarter is 996.14 M INR, while the quarter before that showed 1.09 B INR of net income which accounts for −8.92% change. Track more RAMKRISHNA FORGINGS LTD financial stats to get the full picture.
RAMKRISHNA FORGINGS LTD dividend yield was 0.29% in 2023, and payout ratio reached 9.87%. The year before the numbers were 0.70% and 12.89% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 8.06 K employees. See our rating of the largest employees — is RAMKRISHNA FORGINGS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RAMKRISHNA FORGINGS LTD EBITDA is 8.90 B INR, and current EBITDA margin is 19.54%. See more stats in RAMKRISHNA FORGINGS LTD financial statements.
Like other stocks, RKFORGE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RAMKRISHNA FORGINGS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RAMKRISHNA FORGINGS LTD technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RAMKRISHNA FORGINGS LTD stock shows the buy signal. See more of RAMKRISHNA FORGINGS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.