Ramkrishna Forgings (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Ramkrishna Forgings Limited |
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Price: ₹891.25 | ||
| 52 Week Low: ₹602.05 52 Week High: ₹1,064.05 |
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| Market Capital: 12,664.45 Crore (Midcap) | |||
| Industrials -> Tools & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Ramkrishna Forgings Share Price Target For 2024
- 1.1.1: Ramkrishna Forgings Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Ramkrishna Forgings Share Price Target For 2025
- 1.2.1: Ramkrishna Forgings Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Ramkrishna Forgings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Ramkrishna Forgings Brief Company Overview
- 4: Ramkrishna Forgings Financial Performance
- 4.0.1: Is Ramkrishna Forgings A Good Buy For Long Term?
To predict the Ramkrishna Forgings's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Ramkrishna Forgings Share Price Target For 2024
The line chart displays the monthly closing prices of Ramkrishna Forgings with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ramkrishna Forgings shares in 2024, see the table below.
Ramkrishna Forgings Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 933.45 (+4.73%) | Price Action: 31 Oct 2024 High |
| 2024 Target 2 | 919.6 (+3.18%) | Price Action: 17 Dec 2024 Low |
| 2024 Target 1 | 909.09 (+2.00%) | Price Action: 05 Nov 2024 Low |
| Current Price | 891.25 | Ramkrishna Forgings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 883.25 (-0.90%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 2 | 863.74 (-3.09%) | Technical Indicator: MA200 |
| Stop Loss 3 | 850.18 (-4.61%) | Fibonacci Retracement Level 28.20% |
Short-Term Technical Outlook
Current Technical Position: Ramkrishna Forgings is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹953.96 serves as the nearest technical reference point.
Historical Returns: 3-month: -11.57% | 6-month: +0.25% | 1-year: +23.13%
Ramkrishna Forgings Share Price Target For 2025
The line chart displays the monthly closing prices of Ramkrishna Forgings with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ramkrishna Forgings shares in 2025, see the table below.
Ramkrishna Forgings Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1213.97 (+36.20%) | Price Action: Chart |
| 2025 Target 2 | 1191.33 (+33.66%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 1171.99 (+31.49%) | Fibonacci Extension Level 123.60% |
| Current Price | 891.25 | Ramkrishna Forgings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 812.61 (-8.83%) | Price Action: Dec 2023 High |
| Stop Loss 2 | 803.93 (-9.80%) | Price Action: Jan 2024 High |
| Stop Loss 3 | 787.97 (-11.59%) | Price Action: Apr 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Ramkrishna Forgings is currently trading at 62.6% of its 52-week range (₹602.05 - ₹1064.05).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +23.13% | 3-year: +375.92% | 5-year: +1,087.70%
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Approach 2: Machine Learning By Studying Historical Prices
Ramkrishna Forgings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹891.25 | ||
| 2024 | ₹907.76 | +1.85% | ₹921.38 |
| 2025 | ₹1,362.44 | +50.09% | ₹1,382.88 |
| 2026 | ₹1,970.98 | +44.67% | ₹2,000.54 |
| 2027 | ₹2,113.13 | +7.21% | ₹2,144.83 |
| 2028 | ₹2,063.18 | -2.36% | ₹2,465.58 |
| 2029 | ₹2,430.21 | +17.79% | ₹2,960.19 |
| 2030 | ₹3,073.51 | +26.47% | ₹3,454.79 |
| 2031 | ₹3,949.39 | +28.50% | ₹4,008.63 |
| 2032 | ₹3,879.60 | -1.77% | ₹3,937.79 |
| 2033 | ₹3,540.84 | -8.73% | ₹4,444.00 |
| 2034 | ₹3,952.67 | +11.63% | ₹4,938.60 |
| 2035 | ₹4,784.59 | +21.05% | ₹5,433.20 |
| 2036 | ₹5,927.80 | +23.89% | ₹6,016.72 |
| 2037 | ₹5,646.07 | -4.75% | ₹5,730.76 |
| 2038 | ₹5,018.50 | -11.12% | ₹6,422.41 |
| 2039 | ₹5,438.16 | +8.36% | ₹6,917.01 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Ramkrishna Forgings Brief Company Overview
Company Overview: Ramkrishna Forgings Limited Ramkrishna Forgings Limited, established in 1981, is a leading Indian manufacturer and supplier of forged components for various industries. Key Products and Services: Open and closed die forgingsForged automobile...
componentsSanitization and cargo services Reputation and Market Presence: Ramkrishna Forgings Limited has earned a strong reputation for its quality and excellence in the industry. Diverse Product Range: They offer a comprehensive range of products, including: Crown wheels/ring gearsCrankshaftsSteering armsBrake flangesPitman arms Commitment: The company is committed to providing innovative and cost-effective solutions to meet the evolving needs of its customers.Ramkrishna Forgings Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 12,664.45 Crore | Market valuation of Ramkrishna Forgings's shares. |
| Revenue (TTM) | 3,954.88 Crore | Total revenue generated by Ramkrishna Forgings over the past twelve months. |
| Net Income (TTM) | +3,414,351,872.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +14.22% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +8.63% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+14.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+37.10% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
44.95 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,206.53 Crore | Sum of Ramkrishna Forgings's current & long-term financial obligations. |
| Total Cash | 274.73 Crore | Total amount of liquid funds available to Ramkrishna Forgings. |
| Beta | 0.82 | Beta is less than 1 indicating that the Ramkrishna Forgings's price is less volatile than the market. |
Is Ramkrishna Forgings A Good Buy For Long Term?
Ramkrishna Forgings' strong revenue growth, profitability, and long-term returns indicate its potential as a good long-term investment. Despite recent market volatility, its consistent performance and debt reduction efforts make it an attractive option for those seeking steady growth.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
