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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