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Ramkrishna Forgings Share Price Target 2024, 2025, 2026 to 2039 With Charts
Ramkrishna Forgings Limited | |||
 | Symbol: RKFORGE | ||
| Price: ₹963.65 | |||
| Exchange: NSE | |||
| Industrials -> Tools & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Ramkrishna Forgings Brief Company Overview
- 1.1: Company Overview: Ramkrishna Forgings Limited
- 1.2: Ramkrishna Forgings Financial Performance
- 1.2.1: Is Ramkrishna Forgings A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Ramkrishna Forgings Share Price Target For 2024
- 2.1.1: Ramkrishna Forgings Share Price Target Table For 2024
- 2.1.2: Summary: Ramkrishna Forgings Share Price Prediction For 2024
- 2.2: Ramkrishna Forgings Share Price Target For 2025
- 2.2.1: Ramkrishna Forgings Share Price Target Table For 2025
- 2.2.2: Summary: Ramkrishna Forgings Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Ramkrishna Forgings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Ramkrishna Forgings Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Ramkrishna Forgings Past Performance
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 forgings
- Forged automobile components
- Sanitization 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 gears
- Crankshafts
- Steering arms
- Brake flanges
- Pitman 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 | 12,991.38 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) | +341.43 Crore | 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) | +14.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +37.1% | 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.
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
| Ramkrishna Forgings's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 991.75 (+2.91%) | Price Action: Sep 2024 Low |
| 2024 Target 2 | 981.37 (+1.83%) | Fibonacci Extension Level 123.6% |
| 2024 Target 1 | 971.12 (+0.77%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 963.65 | Ramkrishna Forgings's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 961.36 (-0.24%) | Price Action: Chart |
| Stop Loss 2 | 951.18 (-1.3%) | Fibonacci Retracement Level 71.8% |
| Stop Loss 3 | 940.15 (-2.44%) | Price Action: 23 Oct 2024 Low |
Summary: Ramkrishna Forgings Share Price Prediction For 2024
In summary, Ramkrishna Forgings has surged by ₹237.95, achieving a notable +32.79% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Ramkrishna Forgings for 2024 predicts an additional rise of 0.77% to 2.91% by the end of 2024 with three potential targets T1: 971.12, T2: 981.37, T3: 991.75. Stop Loss at SL1: 961.36, SL2: 951.18, SL3: 940.15.
Ramkrishna Forgings has a 52-week high of ₹1064.05, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹602.04, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Ramkrishna Forgings.
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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
| Ramkrishna Forgings's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1269.93 (+31.78%) | Price Action: Chart |
| 2025 Target 2 | 1246.25 (+29.32%) | Price Action: Chart |
| 2025 Target 1 | 1233.91 (+28.04%) | Fibonacci Extension Level 150% |
| Current Price | 963.65 | Ramkrishna Forgings's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 890.09 (-7.64%) | Price Action: 29 Oct 2024 High |
| Stop Loss 2 | 877.29 (-8.97%) | Price Action: 28 Oct 2024 Low |
| Stop Loss 3 | 864.27 (-10.32%) | Technical Indicator: MA150 |
Summary: Ramkrishna Forgings Share Price Prediction For 2025
In summary, Ramkrishna Forgings has surged by ₹237.95, achieving a notable +32.79% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Ramkrishna Forgings for 2025 predicts an additional rise of 28.04% to 31.78% by the end of 2025 with three potential targets T1: 1233.91, T2: 1246.25, T3: 1269.93. Stop Loss at SL1: 890.09, SL2: 877.29, SL3: 864.27.
Ramkrishna Forgings has a All-Time high of ₹1260.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹602.04, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Ramkrishna Forgings, we have created a specific page for that check here: Ramkrishna Forgings Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Ramkrishna Forgings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Ramkrishna Forgings share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 13.15% over the next 15 years.
For complete year by year Ramkrishna Forgings long term share price target from 2024, 2025 to 2039 check the below table.
Ramkrishna Forgings Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Ramkrishna Forgings Target | YoY Change % |
|---|---|---|
| 2024 | ₹963.65 | [Current Price] |
| 2024 | ₹892.38 | -7.4% |
| 2025 | ₹1,315.65 | 47.43% |
| 2026 | ₹1,882.76 | 43.1% |
| 2027 | ₹2,003.9 | 6.43% |
| 2028 | ₹1,946.32 | -2.88% |
| 2029 | ₹2,283.56 | 17.32% |
| 2030 | ₹2,879.18 | 26.08% |
| 2031 | ₹3,690.57 | 28.18% |
| 2032 | ₹3,618.04 | -1.97% |
| 2033 | ₹3,296.56 | -8.89% |
| 2034 | ₹3,674.73 | 11.47% |
| 2035 | ₹4,442.7 | 20.89% |
| 2036 | ₹5,498.38 | 23.76% |
| 2037 | ₹5,232.18 | -4.85% |
| 2038 | ₹4,646.8 | -11.19% |
| 2039 | ₹5,031.97 | 8.28% |
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Ramkrishna Forgings Past Performance
- In 2004, Ramkrishna Forgings opening price was ₹6.96
- As of Thu 21 Nov 2024 the price stands at ₹963.65.
- This represents a Compound Annual Growth Rate (CAGR) of 26.46%.
- In 20 years, an investment of 10,000 would have become ₹13.84 Lakh.
As we wrap up, we hope you like our study on Ramkrishna Forgings share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Ramkrishna Forgings Share Price History
- Ramkrishna Forgings Price Target Tomorrow
- Ramkrishna Forgings Dividend History
- Ramkrishna Forgings Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
