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Fundamentals
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Resistance/Support
Delivery and Volume
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Management
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Rane Holdings Ltd Performance

Today's Low
1,234.95
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Today's High
1,279.95
52 Wk Low
895.05
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52 Wk High
1,499.00


Open

1266.85

Traded Value (Cr)

1.66

Prev. Close

1246.35

Face Value

10

Volume

13357

Rane Holdings Ltd Fundamentals

Market Cap
₹ 1799.64 Cr
P/E Ratio (TTM)
9.50
P/B Ratio
1.99
Debt to Equity
1.04
ROE
9.27
EPS (TTM)
132.69
Dividend Yield
1.98 %
Book Value
634.60

Click here to know more about Fundamentals

Rane Holdings Ltd Financials

Rane Holdings Ltd Financials

Rane Holdings Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 46.57 % 46.57 % 46.57 % 46.57 %
Retail 38.31 % 38.35 % 37.99 % 38.36 %
Others 14.32 % 14.16 % 14.57 % 14.60 %
Mutual Funds 0.40 % 0.51 % 0.48 % 0.00 %
FII 0.40 % 0.41 % 0.39 % 0.47 %

Promoters

46.57%

Retail

38.31%

Others

14.32%

Mutual Funds

0.40%

FII

0.40%

Promoters

46.57%

Retail

38.35%

Others

14.16%

Mutual Funds

0.51%

FII

0.41%

Promoters

46.57%

Retail

37.99%

Others

14.57%

Mutual Funds

0.48%

FII

0.39%

Promoters

46.57%

Retail

38.36%

Others

14.60%

Mutual Funds

0.00%

FII

0.47%

Resistance and Support

₹1,253.75

PIVOT

resistance-arrow
Resistance
First Resistance₹1,272.550
Second Resistance₹1,298.750
Third Resistance₹1,317.550
support-arrow
Support
First Support₹1,227.550
Second Support₹1,208.750
Third Support₹1,182.550

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day8,2724,04256.52
Week7,1516,795-27.33
1 Month7,15115,382-27.33
6 Months2,737,5681,172,28354.34

About Rane Holdings Ltd

Rane Holdings Limited(RHL) (Erstwhile known as Rane Madras Ltd) is the holding company whose main activity is investing in Rane Group Companies that are engaged primarily in the manufacturing/marketing of components and providing technological services for the transportation industry, mainly the automotive sector. The company has two main product lines -- Tie Rod Ends (TREs) and Steering Gears (SGs) used in steering systems of four-wheelers. Production of TREs, in Madras, is in technical collaboration with TRW Ehrenreich, Germany. The company distributes auto ancillaries of international giants like General Motors, Reynold and American Autos. RML floated a wholly-owned subsidiary, Rane Power Steering (RPSL), in technical collaboration with TRW, US, to manufacture power steering systems used in heavy vehicles and luxury passenger cars. The manual rack and pinion steering gear facility at Pondicherry commenced trial production in the first quarter of 1996. The joint venture company TRW Rane Occupants Restriants for the manufacture of occupant restriant systems viz., seat belts has completed the erection of plant and machinery and the orders have also been received. During 1996-97, RML entered into a joint venture with NSK, Japan and Torrington Company, U.S., for the manufacture of energy absorbing steering columns at Vallancherry, Tamil Nadu. In 2000-01 installed capacity of Steering Gear Products have increased to 464400 No p.a. when compared to previous year of 459000 No. In 2004-05, the Company demerged with Rane (Madras) Manufacturing Ltd. (RMML). In terms of the Scheme, the manufacturing undertaking of the Company was demerged / transferred to RMML with effect from July 01, 2004. Further, the name of RMML was changed to Rane (Madras) Limited and the Company was renamed as Rane (Madras) Limited. Rane (Madras) Limited (RML) was promoted by the Company as a subsidiary Company. With the completion of share consolidation, RML ceased to be a subsidiary of the Company in 2004-05. Effective on 1st April 2006, Company acquired on a going concern basis, the entire business undertaking of Techcons Limited, a company held by Rane Engine Valves Limited and Rane Brake Linings Limited at a cost of Rs.2.50 million. During year 2007-08, the concluding phase of the restructuring exercise involving demerger of the manufacturing undertaking of the erstwhile Rane Engine Valves Limited (REVL) and the erstwhile Rane Brake Linings Limited (RBL) into separate manufacturing companies and amalgamation of their remaining businesses, mainly the investments within the group and other non-manufacturing assets, with the Company through a Court Approved Scheme, were completed during the year effective April 1, 2007. As a consideration on amalgamation of the remaining businesses of REVL and RBL, the Company issued and allotted 4,496,493 equity shares of Rs. 10/- each to the shareholders of these companies. With the amalgamation of the remaining businesses as above, Rane Investments Limited became a wholly owned subsidiary and Rane Diecast Limited became the subsidiary of the Company. In terms of Scheme of Merger approved by the Madras High Court, RIL, a wholly owned subsidiary of the Company was merged with Company effective April 1, 2009. The Company acquired 26% stake in SasMos HET Technologies Limited in FY 2012. It launched upgraded products such as valve stem seal for two-wheeler and passenger car segments, valve seat insert for medium and heavy commercial vehicle, etc. in 2015. As part of technical development for front line managers, Rane Manufacturing Systems Professional (RMSP) was launched in Q1 on manufacturing processes and systems with gemba based learning and business oriented projects in 2017. It acquired 69.41% stake in Bengaluru-based Telematics4u Services Pvt. Ltd - later renamed to Rane t4u Private Ltd., which provides connected mobility solutions in 2018.

Managing Director

1936

Founded

L Ganesh

NSE Symbol

RANEHOLDIN

Rane Holdings Ltd Management

NameDesignation
L GaneshChairman & Managing Director
Harish LakshmanVice Chairman & Joint MD
C SivaCompany Sec. & Compli. Officer
V SumantranNon-Exec. & Independent Dir.
Rajeev GuptaNon-Exec. & Independent Dir.
Pradip Kumar BishnoiNon-Exec. & Independent Dir.
L LakshmanChairman Emeritus
Brinda JagirdarIndependent Director

Rane Holdings Ltd News

Rane Holdings to convene AGM
On 2 August 2024
Rane Holdings reports consolidated net profit of Rs 31.40 crore in the March 2024 quarter
Sales decline 7.19% to Rs 870.19 crore
Board of Rane Holdings recommends Final Dividend
Of Rs.25 per share
Rane Holdings to declare Quarterly Result
On 15 May 2024
Rane Holdings announces change in Chairman of Rane Group
Rane Holdings receives affirmation in credit ratings
From ICRA
Rane Holdings consolidated net profit declines 4.91% in the December 2023 quarter
Sales decline 4.26% to Rs 837.04 crore
Rane Holdings revises board meeting date
To 8 February 2024
Rane Holdings to conduct board meeting
On 12 February 2024
Rane Holdings consolidated net profit rises 102.19% in the September 2023 quarter
Sales rise 5.55% to Rs 928.13 crore

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Rane Holdings Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Rane Holdings Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Rane Holdings Ltd's share price is ₹1,246.35 as of May 28, 2024 at 03:40 PM

Rane Holdings Ltd's P/E ratio is 9.50 times as of May 28, 2024 at 03:40 PM.

Rane Holdings Ltd's most recent financial reports indicate a price-to-book ratio of 1.99, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Rane Holdings Ltd's market is 1,800 Cr as on May 28, 2024 at 03:40 PM.

The current financial records of Rane Holdings Ltd show a 9.27% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Rane Holdings Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Rane Holdings Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Rane Holdings Ltd's 52-week high and low as of May 28, 2024 at 03:40 PM are ₹1499 and ₹1499 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Rane Holdings Ltd stands at 46.57%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 0.41% to 0.40%.