BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
For Ramkrishna Forgings Ltd., new multi-year order wins across regions and segments and ~81% utilisation were the quarter's highlights.
High commodity prices and freight costs continued to slash margins while the sharp jump in fuel prices further dented profitability.
On the electric vehicle front, it's targeting new business from three-wheelers and passenger vehicles in the near term, both domestic and global original equipment manufacturers.
Also, its continuous focus on increasing content per vehicle augurs well for long-term growth.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
