Global EconomyLivemint•1 min read•10/13/2026 (1h ago)

Ramkrishna Forgings share price up 34% in 2026; Monarch Networth sees 18% upside with ₹806 target— Here's why

Ramkrishna Forgings share price up 34% in 2026; Monarch Networth sees 18% upside with ₹806 target— Here's why
60-Word AI Digest

Monarch Networth Capital initiated coverage of Ramkrishna Forgings with a Buy rating and ₹806 target, implying about 18% upside. It cited diversification, railway growth and improving capacity utilisation, forecasting strong earnings growth through FY29.

Key Takeaways

  • Monarch Networth Capital initiated coverage of Ramkrishna Forgings with a Buy rating and ₹806 target, implying about 18% upside.
  • It cited diversification, railway growth and improving capacity utilisation, forecasting strong earnings growth through FY29.
  • Full details and original dispatch available below.

Monarch Networth Capital initiated coverage of Ramkrishna Forgings with a Buy rating and ₹806 target, implying about 18% upside. It cited diversification, railway growth and improving capacity utilisation, forecasting strong earnings growth through FY29.

Original Publisher Attribution

This summary was curated from Livemint.

Read Original on Livemint
Ramkrishna Forgings share price up 34% in 2026; Monarch Networth sees 18% upside with ₹806 target— Here's why — Loop60