Daily BriefsIndia

India: Ramkrishna Forgings, Indika Energy and more

In today’s briefing:

  • Ramakrishna Forgings Ltd- Forensic Review
  • Weekly Wrap – 24 Jun 2022

Ramakrishna Forgings Ltd- Forensic Review

By Nitin Mangal

  • Ramkrishna Forgings (RMKF IN)  is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coach and engineering parts.
  • On inspection of the annual report, there were several red flags visible; pertaining to accounting and the overall health of the company.
  • Most prominent forensic checks included misstatement of operating cash flows, Debt alarms, working capital mis-management and some governance setbacks.

Weekly Wrap – 24 Jun 2022

By Charles Macgregor

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

  1. Fosun International
  2. Country Garden Holdings Co
  3. Logan Property Holdings
  4. China Jinmao Holdings
  5. Lifestyle International Holdings

and more…


Before it’s here, it’s on Smartkarma