Ramkrishna Forgings Ltd. Share Price Today
Techno Funda Ratings
Key Metrics
Current Price
₹580.7Market Cap
₹ 10,579 Cr.Stock P/E
92.0ROE
2.56 %RSI
59.68Trend
BullishShare Price Chart
Technical Commentary
Buy or Sell Analysis
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 Bullish trend based on moving averages and RSI momentum analysis.
Technical Analysis
| Indicator | Value |
|---|---|
| Current Price | 580.7 |
| RSI (14) | 59.68 |
| 50 DMA | 568.85 |
| 200 DMA | 546.4 |
| Trend | Bullish |
| A/D Rating | B |
| RS Rating | 50 |
| EPS Rating | 50 |
| TI65 | 1 |
| TI65 Trend | Neutral |
Pivot Points Analysis
Daily pivot points for Ramkrishna Forgings Ltd. 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
| Level | Value |
|---|---|
| R3 | ₹609.16 |
| R2 | ₹599.03 |
| R1 | ₹589.86 |
| PP | ₹579.73 |
| S1 | ₹570.56 |
| S2 | ₹560.43 |
| S3 | ₹551.26 |
Financial Ratios
| Metric | Value |
|---|---|
| Market Cap | ₹ 10,579 Cr. |
| Current Price | ₹ 581 |
| High / Low | ₹ 632 / 460 |
| Stock P/E | 92.0 |
| Book Value | ₹ 181 |
| Dividend Yield | 0.34 % |
| ROCE | 5.60 % |
| ROE | 2.56 % |
| Face Value | ₹ 2.00 |
Quarterly Results
| Quarter | Sales | Profit | OPM |
|---|---|---|---|
| Jun 2023 | 892 | 79 | 22% |
| Sep 2023 | 899 | 82 | 22% |
| Dec 2023 | 996 | 87 | 22% |
| Mar 2024 | 974 | 66 | 19% |
| Jun 2024 | 959 | 55 | 18% |
| Sep 2024 | 1,054 | 140 | 16% |
| Dec 2024 | 1,074 | 21 | 12% |
| Mar 2025 | 947 | 200 | 10% |
| Jun 2025 | 1,015 | 12 | 14% |
| Sep 2025 | 908 | -10 | 13% |
| Dec 2025 | 1,099 | 14 | 15% |
| Mar 2026 | 1,217 | 56 | 17% |
| Jun 2026 | 1,217 | 47 | 18% |
Shareholding Pattern
| Holder | Holding |
|---|---|
| Promoters | 50.41% |
| FIIs | 8.80% |
| DIIs | 14.21% |
| Public | 26.58% |
| Others | 0.00% |
| No. of Shareholders | 8,004 |
Pros and Cons
Pros
- Strong technical momentum with price holding comfortably above the 50 DMA (568.85).
Cons
- Valuation metrics appear elevated with a trailing P/E of 92, demanding high performance requirements.
Related NSE Stocks
Canara Bank
View Share Price Analysis →LT Foods Ltd.
View Share Price Analysis →Vishal Mega Mart Ltd.
View Share Price Analysis →Page Industries Ltd.
View Share Price Analysis →Indian Energy Exchange Ltd.
View Share Price Analysis →Fertilisers and Chemicals Travancore Ltd.
View Share Price Analysis →Power Grid Corporation of India Ltd.
View Share Price Analysis →Jindal Stainless Ltd.
View Share Price Analysis →Karur Vysya Bank Ltd.
View Share Price Analysis →Honasa Consumer Ltd.
View Share Price Analysis →Aegis Logistics Ltd.
View Share Price Analysis →India Cements Ltd.
View Share Price Analysis →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 Bullish. The stock is exhibiting an RSI (14) of 59.68, 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 (568.85) 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 ₹579.73. Upside resistance challenges are calculated at R1: ₹589.86, R2: ₹599.03, and R3: ₹609.16. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹570.56, S2: ₹560.43, and S3: ₹551.26.
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 92.0, 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 50, 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: Speculative Momentum Phase (Neutral / Hold). Ramkrishna Forgings Ltd is trading ... 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 B, a Relative Strength (RS) ranking of 50, and long-term trend backing from the TI65 indicator (Neutral pattern).
