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Angel One is India's reputed FinTech company trusted by 3 Crore+ Indians. Get daily market updates, research and valuable insights on investments.
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Angel One experts recommend a list of shares to invest in.
Happy Investing!

Link:
https://angelone.onelink.me/Sm4M/crlt2n63
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Uniparts India Ltd. IPO is LIVE! Apply for the IPO via Angel One's platform.
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How will NIFTY close before 2023?
Anonymous Poll
82%
Bullish
18%
Bearish
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#AngelOne Recommendation

Company: Ramkrishna Forgings Ltd.
Rating: Buy
Target price: 300

Rationale to invest:
The company has phased out its CAPEX over the past few years during which it was impacted by industry slowdown in certain periods. With the end of the CAPEX cycle, the favorable outlook in the medium term, and sufficient capacity in place, we believe RKFL volumes would be able to post a volume CAGR of 29% over FY21-23E RKFL has been able to add new products which have higher value addition. A better mix along with operating leverage is expected to result in 550 YoY bps EBITDA margin improvement in FY22E.

Research Disclaimer:
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Link:
https://angelone.onelink.me/Sm4M/crlt2n63
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Check out the list of upcoming IPOs in December!
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Angel One experts recommend a list of shares to invest in.
Happy Investing!

Link:
https://angelone.onelink.me/Sm4M/crlt2n63
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