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RAMKRISHNA FORGINGS LTD.

RKFORGE | BSE

786.85

INR

-3.15

-0.40%

RKFORGE | BSE

About RAMKRISHNA FORGINGS LTD.

Sector

Industrials

Industry

Tools & Accessories

Earnings date

30/09/2023

As of date

05/12/2023

Close

786.85

Open

790.05

High

794.60

Low

772.40

Ramkrishna Forgings Limited manufactures and supplies open and closed die forgings of carbon and alloy steel micro alloy steel and stainless steel in India and internationally. It operates in two segments Forging Components and Others. The company's products portfolio includes crown wheels/ring gears; I beams crankshafts connecting rods knuckles diff cases center wedges steering arms tie rod arms pitman arms stub axles recondition taper stationary plates spides/crosses brake flanges brackets wheel hubs yokes front engine mounting arms tooth products hammer bars track links bearing caps counterweights and ring gear carriers; and pinions front hubs prop shafts counter shafts rear axle shafts coupling flanges engaging gears CM gears speed gears and clutch collars. It also offers screw couplings bolster suspensions side frame keys and draw gear assemblies; and produces and sells forged automobile components as well as engages in the sanitization and cargo business including tour and travel services. The company offers its products for various industries and sectors including automotive earth moving and mining farm equipment general engineering railways steel plants and oil exploration as well as for original equipment manufacturers. Ramkrishna Forgings Limited was incorporated in 1981 and is headquartered in Kolkata India.

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RKFORGE | BSE

Risk
28.8%
Sharpe
5.52
Luna's Score
58/100
Recommendation
Hold

Luna says (RKFORGE | BSE)

What's Working

Positive Momentum

Low Market Beta (-0.4 to 0.8)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Smallcap (300M - 2B USD)

Weak P/E, and PEG ratio indicator

High Debt to Equity (> 0.75)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

18.2%

1 month

28.8%

3 months

43.4%

6 months

45.5%

Return

Fundamental Ratios

PE

44.45

Fwd. PE

0

Price to book

9.22

Debt to equity

1.01

Debt to assets

0.35

Ent. to EBITDA

21.10

Ent. to rev.

4.88

PEG

0

Other Fundamentals

EBITDA

7.70B

MarketCap

142.12B

MarketCap(USD)

1.71B

Div. yield

0.50

Op. margin

14.78

Erngs. growth

20.20

Rev. growth

19.00

Ret. on equity

21.26

Short ratio

0

Short perc.

0

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

60.05

Range1M

150.40

Range3M

231.75

Volumes: Market Activity

Rel. volume

0.88

Price X volume

20.97M

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