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

Livemint 13 October 2026 at 01:11 pm 1 min read 3 views Read Original
Ramkrishna Forgings share price up 34% in 2026; Monarch Networth sees 18% upside with  ₹806 target— Here's why

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. 

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