Ramkrishna Forgings Limited Share Price Today

Techno Funda Ratings

RS Rating
53
Weak
EPS Rating
4
A/D Rating
A
Excellent

Key Metrics

Current Price

₹568.25

Market Cap

₹ 10,352 Cr.

Stock P/E

128

ROE

2.56 %

RSI

54.24

Trend

Bearish

Share Price Chart

Technical Commentary

Ramkrishna Forgings Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A, a Relative Strength Rating of 53 and an EPS Rating of 4. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Symmetric Breakout Squeeze Play (Neutral / Monitor Closely). Ramkrishna Forgings Ltd is locked in a tight, compressed congestion zone, trading within a razor-thin 1.5% margin of its 50-day moving average (570.09). This tight price convergence, coupled with a completely balanced RSI signature of 54.24, indicates a near-perfect equilibrium between buyers and sellers. Corporate valuation variables (Stock P/E: 128, ROE: 2.56%) are balanced, meaning the stock is coiled and awaiting a fresh structural catalyst. Volatility contraction patterns like this typically precede a massive, high-volume directional breakout. Active breakout traders should remain neutral, preserve cash, and set price alerts just beyond immediate resistance ceilings (R1) or support floors (S1) to catch the next major expansion wave.

Company Overview

Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. [1][2] It is the 2nd largest forging player in India.[3]

Ramkrishna Forgings Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Ramkrishna Forgings Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Ramkrishna Forgings Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

Swipe table horizontally →
IndicatorValue
Current Price568.25
RSI (14)54.24
50 DMA570.09
200 DMA545.53
TrendBearish
A/D RatingA
RS Rating53
EPS Rating4
TI650.99
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Ramkrishna Forgings Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

Swipe table horizontally →
LevelValue
R3₹635.3
R2₹615.1
R1₹602.4
PP₹582.2
S1₹569.5
S2₹549.3
S3₹536.6

Financial Ratios

Swipe table horizontally →
MetricValue
Market Cap₹ 10,352 Cr.
Current Price₹ 568
High / Low₹ 649 / 460
Stock P/E128
Book Value₹ 181
Dividend Yield0.35 %
ROCE5.60 %
ROE2.56 %
Face Value₹ 2.00

Quarterly Results

Swipe table horizontally →
QuarterSalesProfitOPM
Mar 20238926822%
Jun 20238927922%
Sep 20238998222%
Dec 20239968722%
Mar 20249746619%
Jun 20249595518%
Sep 20241,05414016%
Dec 20241,0742112%
Mar 202594720010%
Jun 20251,0151214%
Sep 2025908-1013%
Dec 20251,0991415%
Mar 20261,2175617%

Shareholding Pattern

Swipe table horizontally →
HolderHolding
Promoters 50.41%
FIIs 8.80%
DIIs 14.21%
Public 26.58%
Others 0.00%
No. of Shareholders8,004

Pros and Cons

Pros

    Cons

    • Valuation metrics appear elevated with a trailing P/E of 128, demanding high performance requirements.
    • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Ramkrishna Forgings Ltd share?

    Based on the latest closing data, the technical momentum for Ramkrishna Forgings Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 54.24, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (570.09) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Ramkrishna Forgings Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Ramkrishna Forgings Ltd today centers at a Pivot Point (PP) of ₹582.2. Upside resistance challenges are calculated at R1: ₹602.4, R2: ₹615.1, and R3: ₹635.3. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹569.5, S2: ₹549.3, and S3: ₹536.6.

    How does the fundamental ROE and P/E ratio look for Ramkrishna Forgings Ltd?

    Ramkrishna Forgings Ltd is currently trading with a valuation metrics context of a Stock P/E of 128, against a core structural efficiency Return on Equity (ROE) standing at 2.56 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 4, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Ramkrishna Forgings Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Symmetric Breakout Squeeze Play (Neutral / Monitor Closely). Ramkrishna Forgings... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A, a Relative Strength (RS) ranking of 53, and long-term trend backing from the TI65 indicator (Neutral pattern).

    🟣 Zerodha Best Overall 🟢 FYERS Best Charts 🔵 Upstox Beginner Friendly