RKFORGE

** Shares of Ramkrishna Forgings Ltd RKFO.NS skid 5.5% to 620.80 rupees

** Forged auto, railways components maker expects 4%-5% hit to net worth after it discovered discrepancies in inventory during a physical verification for FY25

** RKFO on Sunday appointed an external agency to examine the discrepancies, without naming the agency

** Day's losses takes stock's YTD decline to ~31%

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

March 28 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• PRODUCTION CAPACITY TO INCREASE BY 14,250 METRIC TONNES PER ANNUM

Source text: ID:nBSE3Xr7FH

Further company coverage: RKFO.NS

(([email protected];;))

Jan 17 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS - TO SET UP CASTING PROJECT AT JAMSHEDPUR, EXPECTED TO COMMENCE FROM JUNE

• RAMKRISHNA FORGINGS DEC-QUARTER CONSOL NET PROFIT 996.1 MILLION RUPEES

• RAMKRISHNA FORGINGS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.74 BILLION RUPEES

Source text: ID:nNSEyGFXy

Further company coverage: RKFO.NS

(([email protected];))

Oct 24 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS SEPT-QUARTER CONSOL NET PROFIT 1.90 BILLION RUPEES

• RAMKRISHNA FORGINGS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.54 BILLION RUPEES

• RAMKRISHNA FORGINGS LTD - DIVIDEND 1 RUPEE PER SHARE

Source text for Eikon: ID:nNSE9RsYDJ

Further company coverage: RKFO.NS

(([email protected];))

July 24 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS - TO ACQUIRE EXISTING CO IN MEXICO

Source text for Eikon: [ID:]

Further company coverage: RKFO.NS

(([email protected];))

May 2 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• DIVIDEND OF 1 RUPEE PER SHARE

• MARCH-QUARTER CONSOL NET PROFIT 938.5 MILLION RUPEES VERSUS PROFIT 684.5 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 10.23 BILLION RUPEES VERSUS 8.92 BILLION RUPEES

Source text for Eikon: ID:nBSE6FCvQb

Further company coverage: RKFO.NS

(([email protected];))

** Shares of Ramkrishna Forgings RKFO.NS up 3.3%

** Stock rose as much as 5.5% to day's high of 764.8 rupees

** Uptick after the company, engaged in making forged components for automotive, railways and farm equipment, said it secured approval to supply power train components to the largest electric passenger vehicle producer in the U.S.

** Co did not specify name of the electric passenger vehicle producer

** Stock on track for a third consecutive session of gains, if trend holds

** More than 1.5 mln shares change hands as of 10:51 a.m. IST, 2.6x its 30-day avg

** Including session's gain, stock rose 4% YTD

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

** Shares of Ramkrishna Forgings RKFO.NS rise 3.1% to 709.95 rupees

** Co wins order worth 2.7 bln rupees ($32.4 mln) to develop bogie frames for 32 Vande Bharat train sets

** More than 800,000 shares change hands, ~ 1.4x the 30-day avg

** Stock last up 2.4%, cutting YTD losses to 2.8%

($1 = 83.4390 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

(([email protected]))

April 3 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS LTD - COMMENCED COMMERCIAL PRODUCTION OF 13,750 MT OF MAXI PRESS 6,000 TONNES PRESS LINE

Source text for Eikon: ID:nBSE5yWQgC

Further company coverage: RKFO.NS

(([email protected];))

** Shares of Ramkrishna Forgings Ltd RKFO.NS rise as much as 4.4% to 771.05 rupees

** Forging co, which supplies to various sectors, says board approved commencement of manufacturing and supplies in Mexico

** Operation is backed by a 10-year $3.5 mln per annum “take or pay” agreement with a North American customer

** Stock on track to gain after two consecutive sessions of losses

** Stock trading above its 200-day simple moving avg since Sept. 27, 2023

** More than 2.4 mln shares traded so far this week, highest since week ended Jan. 19

** RKFO last up 3.5%, gained ~5.4% YTD

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Feb 22 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS LTD - APPROVED INVESTMENT OF UPTO 900 MILLION RUPEES TO SET UP FORGINGS MAKING FACILITY IN MEXICO

Source text for Eikon: ID:nBSEbVvrXR

Further company coverage: RKFO.NS

(([email protected];))

** Shares of Ramkrishna Forgings RKFO.NS up 2.9%, easing from session-high jump of 5.5%

** Auto parts supplier gets $220 mln order in North America

** More than 840k shares traded, around 2x 30-day avg

** Stock on pace for eighth straight quarter of gains

** Stock up ~6% YTD after surging 176% in 2023, which was its fourth consecutive annual gain

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Feb 15 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS - CO PROVIDED CORPORATE GUARANTEE OF 650 MILLION RUPEES FOR UNIT RAMKRISHNA AERONAUTICS

Source text for Eikon: ID:nNSEblh3yx

Further company coverage: RKFO.NS

(([email protected];;))

Jan 18 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS LTD- APPROVED SALE OF LAND MEASURING 5.81 ACRES FROM UNIT TO CO

• INDIA'S RAMKRISHNA FORGINGS LTD DEC-QUARTER CONSOL NET PROFIT 868.6 MILLION RUPEES VERSUS PROFIT 610.4 MILLION RUPEES

• RAMKRISHNA FORGINGS LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.58 BILLION RUPEES VERSUS 7.77 BILLION RUPEES

Source text for Eikon: ID:nBSEbP0MC2

Further company coverage: RKFO.NS

(([email protected];))

Jan 10 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• ANNOUNCES STRATEGIC PARTNERSHIP WITH MCKINSEY FOR A 15-MONTH TRANSFORMATION PROGRAM

Further company coverage: RKFO.NS

(([email protected];))

Nov 16 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• ADDITIONAL INVESTMENT VIA RIGHTS ISSUE IN RKFL ENGINEERING INDUSTRY OF 100 MILLION RUPEES

Further company coverage: RKFO.NS

(([email protected];))

Oct 19 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS LTD - DIVIDEND 1 RUPEE PER SHARE

• INDIA'S RAMKRISHNA FORGINGS SEPT-QUARTER CONSOL NET PROFIT 822 MILLION RUPEES VERSUS PROFIT 672.3 MILLION RUPEES

• RAMKRISHNA FORGINGS LTD SEPT-QUARTER CONSOL TOTAL INCOME 9.86 BILLION RUPEES VERSUS 8.25 BILLION RUPEES

Source text for Eikon: ID:nBSEc95M4P

Further company coverage: RKFO.NS

(([email protected];))

Aug 30 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• PENETRATES FURTHER INTO SOUTH AMERICAN MARKET

• AWARDED A BUSINESS CONTRACT WORTH 8.25 MILLION EUROS

• CO WILL BE SUPPLYING FRONT AND REAR AXLE COMPONENTS FOR THE NEXT 5 YEARS

Source text for Eikon: ID:nBSE3kmv5H

Further company coverage: RKFO.NS

(([email protected];))

Aug 24 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• SECURES 1.56 BILLION RUPEES CONTRACT TO SUPPLY TRANSMISSION AND ENGINE COMPONENTS FOR EURASIAN FARM EQUIPMENT CUSTOMER

• CONTRACT EXTENDS OVER 4 YEARS, RESULTING IN AN ANNUAL CONTRACT VALUED AT AROUND 4.31 MILLION EUROS

Source text for Eikon: ID:nBSE4wX6GG

Further company coverage: RKFO.NS

(([email protected];))

** Shares of Ramkrishna Forgings RKFO.NS rise as much as 6.3% to hit an all-time high of 690 rupees

** Forging components maker on Monday, after market hours, said it received verbal approval from National Company Law Tribunal (NCLT) to acquire JMT Auto

** RKFO on track to rise for second straight session, if gains hold

** More than 851,000 shares change hands by 12:10 p.m. IST, 1.4x the 30-day moving avg

** Four of the six analysts covering the stock have "buy" or "strong buy" rating, one has "hold" while one rates it at "strong sell"; median PT is 555 rupees - Refinitiv data

** As of last close, stock more than doubled so far this year

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

Aug 17 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS LTD - STRENGTHENS EUROPEAN OEM COLLABORATION WITH 16 MILLION EUROS CONTRACT FOR DIFFERENTIAL COMPONENTS

• RAMKRISHNA FORGINGS LTD - CONTRACT SPANS A DURATION OF 4 YEARS

Source text for Eikon: ID:nBSEbHC5G4

Further company coverage: RKFO.NS

(([email protected];))

Aug 14 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• SIGNS $13.65 MILLION ANNUAL BUSINESS DEAL

• CO STRENGTHENS NORTH AMERICAN PRESENCE VIA $13.65 MILLION ANNUAL BUSINESS DEAL FOR REAR AXLE AND TRANSMISSION COMPONENTS

Source text for Eikon: ID:nBSEbFDq1y

Further company coverage: RKFO.NS

(([email protected];))

** Shares of Ramkrishna Forgings RKFO.NS rise as much as 7.98% to record high of 545 rupees

** Uptick after the company engaged in making forged components for automotive, railways and farm equipment posts 53% year-on-year rise in consolidated net profit to 785.3 mln rupees

** Revenue from operations up 28% to 8.92 bln rupees

** Core profit up 28% to 1.92 bln rupees

** RKFO also approves acquisition of Multitech Auto and its subsidiary Mal Metallics for 2.05 bln rupees

** Relative strength index has been above 70 for four sessions in a row, suggesting that the stock may be in overbought territory - Refinitiv data

** Stock up 100% in 2023 so far

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

July 21 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• JUNE-QUARTER CONSOL NET PROFIT 785.3 MILLION RUPEES VERSUS PROFIT 513.9 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.92 BILLION RUPEES VERSUS 6.99 BILLION RUPEES

Source text for Eikon: ID:nBSE8X8hkc

Further company coverage: RKFO.NS

(([email protected];;))

** Shares of Ramkrishna Forgings RKFO.NS up as much as nearly 2% hitting a record high to 497.95 rupees

** Stock on track for a fourth consecutive session of gains if trends hold

** The forged components manufacturer said it has started commercial production of 13,700 tonnes per annum (TPA) of R A Shaft-Press Line and 10,100 TPA of 5" Upsetter at its plant in Kharswan

** This will enhance production capacity of the company by 23,800 TPA further increasing its total production capacity to 2,10,900 TPA.

** The company has invested 710 mln rupees ($8.65 million) for making the capacity additions as per its expansion plans

** More than 253,000 shares change hands by 11:04 a.m. IST, vs 30-day avg of 809,415 shares - Refinitiv Data

** As of last close, stock up 85.9% YTD

($1 = 82.0750 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

July 18 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• COMMENCED COMMERCIAL PRODUCTION OF 13,700 TPA OF R A SHAFT PRESS LINE AND 10,100 TPA OF A 5" UPSETTER IN KHARSWAN

• WILL ENHANCE PRODUCTION CAPACITY OF CO BY 23,800 TON PER ANNUM

• TOTAL PRODUCTION CAPACITY OF COMPANY WILL NOW BE 210,900 TPA

Source text for Eikon: ID:nBSE5YBljY

Further company coverage: RKFO.NS

(([email protected];))

** Shares of Ramkrishna Forgings Ltd RKFO.NS and Titagarh Wagons Ltd TITW.NS rise as much as 7.7% to 439.9 rupees and 3.3% to 430 rupees, respectively

** TITW said on Thursday its consortium with RKFO was awarded a contract worth 122.27 bln rupees ($1.49 bln) by India's Ministry of Railways for manufacturing and supply of 1.5 mln forged wheels over a span of 20 years

** RKFO stock hits record high

** RKFO and TITW stocks trading above their 50-, 100-, and 200-day moving averages for nearly three months, suggesting bullish trends

** Relative Strength Index (RSI) of both stocks above 70, indicating they are overbought

** RKFO trading volume at ~1.1 mln shares, and TITW at ~361,100 shares

** So far this year, RKFO stock up ~66.5% and TITW gained ~90%

($1 = 81.9611 Indian Rupees)

(Reporting by Biplob Kumar Das in Bengaluru)

(([email protected]))

June 15 (Reuters) - Ramkrishna Forgings Ltd RKFO.NS:

• RAMKRISHNA FORGINGS AND CO CONSORTIUM WINS CONTRACT WORTH 122.27 BILLION RUPEES

• CONTRACT BY MINISTRY OF RAILWAYS

• SUCCESSFUL EXECUTION OF THIS PROJECT WILL REQUIRE CAPITAL EXPENDITURE RANGING FROM 10 BILLION RUPEES - 12 BILLION RUPEES

Source text for Eikon: ID:nBSE4ZjTCS

Further company coverage: RKFO.NS

(([email protected];;))

** Shares of India's Ramkrishna Forgings RKFO.NS climb as much as 4.36% to reach record high at 429.85 rupees

** Forged components manufacturer said it secured order worth 4.5 mln euros ($4.85 mln)

** Order from prominent European railway passenger coach manufacturer, says co

** Shares trading above 50-day and 100-day simple moving averages, indicating bullish trend

** More than 514,012 shares changed hands by 10:16 a.m. IST, vs 30-day avg of 532,545 shares

** So far stock has surged ~60%

($1 = 0.9272 euros)

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of Ramkrishna Forgings Ltd RKFO.NS rise as much as 2.5% to 395.45 rupees, highest since June 1

** Forged components manufacturer said it incorporated a new company named "Ramkrishna Titagarh Rail Wheels"

** New unit houses manufacturing and supply of forged wheels under a long term agreement under Indian govt's Aatma Nirbhar Bharat programme

** Stock trading above its 50-, 100-, and 200-day moving averages since March 21, suggesting bullish trend

** Stock up 49% this year

(Reporting by Biplob Kumar Das in Bengaluru)

(([email protected]))