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The small cap company rallied 9 per cent; FIIs hold 14 per cent stake of the company. Do you own it? The small cap company rallied 9 per cent; FIIs hold 14 per cent stake of the company. Do you own it?

The small cap company rallied 9 per cent; FIIs hold 14 per cent stake of the company. Do you own it?

Company has delivered good profit growth of 79.4 per cent CAGR over last 5 years.

Prasad Chavan 0 3471 Article rating: 4.3

Technically, the stock has registered a breakout from 2 months consolidation range of Rs. 287 on higher side and Rs. 252 on lower side. Stock surged 9 per cent with volumes around 3 million shares in the first half of the session only and is currently trading at Rs. 285 level. Closing around day’s high will confirm the breakout. 

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Ramkrishna Forgings jumps over 6 per cent: Will the momentum continue? Ramkrishna Forgings jumps over 6 per cent: Will the momentum continue?

Ramkrishna Forgings jumps over 6 per cent: Will the momentum continue?

It has also clocked a volume of nearly 2 lakhs shares on NSE, which is the highest single-day volume since January 18, 2022.   

Karan Dsij 0 558 Article rating: 5.0

Many stocks from the broader market indices witnessed buying interest except for one particular stock and that is Ramkrishna Forgings Ltd (RKFORGE). We are just two hours into Tuesday’s trading session and the stock of RKFORGE has already jumped more than 6 per cent!

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