Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

PAT margin expanded to 7.26% during Q1FY23 as against 5.96% in the previous corresponding quarter.

Ramkrishna Forgings spurts ~3.5% owing to robust performance in Q1FY23

Term loan (Rs 722.5 crore) - IND A/ Positive Fund based working capital limits (Rs 625 crore) - IND A/ Positive/ IND A1 Non fund based working capital limits (Rs 350 crore) - IND A1

Ramkrishna Forgings receives upgrade in ratings outlook

The order is to be completed over a period of 4 years.

Ramkrishna Forgings wins export order worth Rs115 crore from Europe; stock slips ~1%

The outlook for both domestic and international markets is promising as demand continues to maintain its momentum. Further, new order wins from existing clients and acquisition of new clients boosted the financial performance

Ramkrishna Forgings: Strong Q4 numbers, promising outlook, buy for long term

Ramkrishna Forgings has received a multi-year export order from a manufacturer of chassis systems and components primarily for trailers as well as for trucks and buses in the US

Ramkrishna Forgings gains after bagging order from US trailer maker

Ramkrishna Forgings rallied 1.33% to Rs 174.7 after the company won a multi-year export order worth Rs 105 crore per annum from a leading trailer manufacturer in the USA.

Ramkrishna Forgings spurts after bagging multi-year export order

The Supplies is expected to commence from CY -2023, said company.

Ramkrishna Forgings wins export order worth Rs105 crore from US-based trailer manufacturers

Anand Rathi is bullish on Ramkrishna Forgings has recommended buy rating on the stock with a target price of Rs 287 in its research report dated May 04, 2022.

Buy Ramkrishna Forgings; target of Rs 287: Anand Rathi

Naresh Jalan, MD of Ramkrishna Forgings shares his views on the firm's Q4 results. 

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Naresh Jalan Speaks On The Q4 Results Of Ramkrishna Forgings | Halftime Report | CNBC TV18

Ramkrishna Forgings’ standalone net profit jumped 142.9% to Rs 86.65 crore on a 31.9% rise in revenue from operations to Rs 683.24 crore in Q4 FY22 over Q4 FY21.

Ramkrishna Forgings Ltd

Ramkrishna Forgings Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ramkrishna Forgings spurts ~3.5% owing to robust performance in Q1FY23

Ramkrishna Forgings receives upgrade in ratings outlook

Ramkrishna Forgings wins export order worth Rs115 crore from Europe; stock slips ~1%

Ramkrishna Forgings: Strong Q4 numbers, promising outlook, buy for long term

Ramkrishna Forgings gains after bagging order from US trailer maker

Ramkrishna Forgings spurts after bagging multi-year export order

Ramkrishna Forgings wins export order worth Rs105 crore from US-based trailer manufacturers

Ramkrishna Forgings Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ramkrishna Forgings spurts ~3.5% owing to robust performance in Q1FY23

Ramkrishna Forgings receives upgrade in ratings outlook

Ramkrishna Forgings wins export order worth Rs115 crore from Europe; stock slips ~1%

Ramkrishna Forgings: Strong Q4 numbers, promising outlook, buy for long term

Ramkrishna Forgings gains after bagging order from US trailer maker

Ramkrishna Forgings spurts after bagging multi-year export order

Ramkrishna Forgings wins export order worth Rs105 crore from US-based trailer manufacturers

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock