GHCL Ltd, Nazara Technologies Ltd, Ramkrishna Forgings Ltd and Jammu and Kashmir Bank Ltd are among the other gainers in the BSE’s ‘A’ group today, 02 August 2024.

Zomato Ltd leads gainers in ‘A’ group

Ramkrishna Forgings Ltd on Wednesday posted over 3 per cent rise in consolidated net profit to Rs 81 crore during the June quarter, on account of higher income.

Ramkrishna Forgings Q1 result: PAT rises 3% to Rs 81 cr on higher income

Ramkrishna Forgings Ltd on Wednesday posted over 3 per cent rise in consolidated net profit to Rs 81 crore during the June quarter, on account of higher income. It had clocked Rs 78.52 crore profit for the period ended June 30, 2023, the company said in an exchange filing.

Ramkrishna Forgings Q1 Results: Cons PAT rises 3% YoY to Rs 81 crore

Board of Ramkrishna Forgings approves acquisition of an existing Mexican Company

Ramkrishna Forgings consolidated net profit rises 3.02% in the June 2024 quarter

Consolidated net profit of the auto components maker rose 3% year-on-year to Rs 81 crore in the quarter-ended June.

Ramkrishna Forgings Q1 Results: Revenue Up 12%, Meets Estimates

Upcoming results:Larsen and Turbo, Axis Bank, Aditya Birla Sun Life AMC, Bajaj Finserv, Bajaj Holdings, Bikaji Foods, CMS Info System, Craftsman Automation, DCB Bank, Federal Bank, Go Fashion, HFCL, Indian Energy Exchange, IGL, Jindal Steel and Power, JK Paper, KPIT Tech, Karnataka Bank, Mahindra Lifespace Developers, MAS Financial Services, Oracle Financial Services, Petronet, PG ELectroplast, Hitachi Energy, Ramkrishna Forgings, SBI Life Insurance, Sona BLW Precision Forging amd Syngene International.

Stock Alert: Bajaj Finance, Hindustan Unilever, Torrent Pharma, Schaeffler India, ICICI Securities,

Ramkrishna Forgings surged 8% to Rs 968.95 and TRSL soared 7% to Rs 1,689.95 in the intraday trade today

Titagarh Rail, RK Forgings surge up to 8%, hit new highs on strong outlook

Ramkrishna Forgings Ltd said it has received an order of ₹270 crore from a consortium led by BHEL to supply bogie frames of Vande Bharat train sets.

Ramkrishna Forgings secures ₹270 crore order for Vande Bharat trains

The Rs 270-crore order from BHEL-TRSL consortium is for 32 train sets of the sleeper version of the Vande Bharat

Ramkrishna Forgings secures Rs 270-cr order for Vande Bharat train set

Capacity expansion, inorganic growth to drive revenue outperformance

Ramkrishna Forgings - Diversifying Revenue Base: Yes Securities

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ramkrishna Forgings Limited is engaged in the manufacturing of forgings.