Buy Ramkrishna Forgings, target Rs 868: Kunal Bothra

Buy Ramkrishna Forgings Ltd. at a price target of Rs 868.0 and a stop loss at Rs 802 from entry point.

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The current market price of Ramkrishna Forgings is Rs 817.10.
Independent analyst Kunal Bothra has a buy call on Ramkrishna Forgings with a target price of Rs 868.

The current market price of Ramkrishna Forgings is Rs 817.10.

Time period given by the analyst is Intra Day when Ramkrishna Forgings price can reach defined target.


Kunal Bothra recommended keeping a stop loss at Rs 802.

Ramkrishna Forgings, incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 2,663.05 Crore) operating in Engineering sector.

The company’s top management includes Mr.Amitabha Guha, Mr.Mahabir Prasad Jalan, Mr.Naresh Jalan, Mr.Padam Kumar Khaitan, Mr.Partha Sarathi Bhattacharyya, Mr.Pawan Kumar Kedia, Mr.Ram Tawakya Singh, Mr.Sandipan Chakravortty, Mr.Yudhisthir Lal Madan, Ms.Aditi Bagri. The company has Singhi & Co. as its auditors.
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As on 31-12-2017, the company has a total of 32,591,508 shares outstanding.
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