Ramkrishna Forgings Hits 52-Week Low Amidst Ongoing Stock Decline and Sector Underperformance

May 08 2025 03:35 PM IST
share
Share Via
Ramkrishna Forgings has reached a new 52-week low, continuing a three-day decline. The stock is trading below all major moving averages and has dropped 18.60% over the past year. However, the company reports strong long-term growth in operating profit and maintains solid institutional holdings.
Ramkrishna Forgings, a midcap player in the castings and forgings industry, has experienced significant activity today, hitting a new 52-week low of Rs. 574. The stock has underperformed its sector by 0.37% and has seen a consecutive decline over the past three days, resulting in a total drop of 4.45%. Today's intraday low reached Rs. 574, reflecting a decrease of 2.55%.

In terms of moving averages, Ramkrishna Forgings is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past year, the stock has declined by 18.60%, contrasting sharply with the Sensex, which has gained 9.35%.

Despite these challenges, the company has shown healthy long-term growth, with operating profit increasing at an annual rate of 35.39%. The return on capital employed (ROCE) stands at 14.1, suggesting fair valuation, while institutional holdings remain robust at 30.47%, having increased by 1.02% in the last quarter.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News