Rane Engine Valve Share Price
Start SIP in Rane Engine Valve
Start SIPRane Engine Valve Performance
Day Range
- Low 512
- High 537
52 Week Range
- Low 276
- High 666
- Open Price515
- Previous Close512
- Volume61957
Rane Engine Valve Investment Rating
-
Master Rating:
-
Rane Engine Valves has an operating revenue of Rs. 565.86 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, ROE of 9% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 31% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 10% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 35 which is a POOR score indicating inconsistency in earnings, a RS Rating of 71 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 56 indicates it belongs to a fair industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 137 | 150 | 136 | 143 | 138 | 136 |
| Operating Expenses Qtr Cr | 130 | 134 | 125 | 135 | 127 | 120 |
| Operating Profit Qtr Cr | 7 | 16 | 12 | 8 | 11 | 16 |
| Depreciation Qtr Cr | 5 | 5 | 5 | 5 | 5 | 5 |
| Interest Qtr Cr | 3 | 2 | 2 | 2 | 3 | 3 |
| Tax Qtr Cr | 1 | 1 | 2 | 1 | 1 | 2 |
| Net Profit Qtr Cr | 2 | 5 | 4 | 1 | 2 | 5 |
Rane Engine Valve Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹501.51
- 50 Day
- ₹459.75
- 100 Day
- ₹426.91
- 200 Day
- ₹391.54
- 20 Day
- ₹500.85
- 50 Day
- ₹447.36
- 100 Day
- ₹412.74
- 200 Day
- ₹388.94
Rane Engine Valve Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 542.17 |
| Second Resistance | 552.23 |
| Third Resistance | 567.32 |
| RSI | 59.40 |
| MFI | 89.82 |
| MACD Single Line | 30.47 |
| MACD | 26.92 |
| Support | |
|---|---|
| First Support | 517.02 |
| Second Support | 501.93 |
| Third Supoort | 491.87 |
Rane Engine Valve Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 67,870 | 6,787,000 | 100 |
| Week | 24,984 | 2,498,420 | 100 |
| 1 Month | 112,095 | 3,420,029 | 30.51 |
| 6 Month | 32,006 | 1,328,871 | 41.52 |
Rane Engine Valve Result Highlights
Rane Engine Valve Synopsis
NSE-Auto/Truck-Original Eqp
Rane Engine Valve Lt is involved in the business activities of Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Company’s Total Operating Revenue is Rs. 566.75 Cr. and Equity Capital is Rs. 7.23 Cr. for the Year ended 31/03/2024. Rane Engine Valve Ltd. is a Public Limited Listed company incorporated on 09/03/1972 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L74999TN1972PLC006127 and registration number is 006127.| Market Cap | 385 |
| Sales | 566 |
| Shares in Float | 0.30 |
| No of funds | 7 |
| Yield | 0.94 |
| Book Value | 3.18 |
| U/D Vol ratio | 4.7 |
| LTDebt / Equity | 35 |
| Alpha | 0.16 |
| Beta | 0.83 |
Rane Engine Valve Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 58.32% | 58.32% | 58.32% | 58.32% |
| Insurance Companies | 0.01% | |||
| Foreign Portfolio Investors | 0.12% | |||
| Financial Institutions/ Banks | 0.06% | 0.06% | 0.06% | 0.06% |
| Individual Investors | 30.36% | 30.81% | 30.87% | 30.84% |
| Others | 11.14% | 10.81% | 10.75% | 10.77% |
Rane Engine Valve Management
| Name | Designation |
|---|---|
| Mr. Harish Lakshman | Chairman |
| Mr. L Ganesh | Director |
| Mr. N Ramesh Rajan | Director |
| Ms. Vasudha Sundararaman | Director |
| Mr. Pradip Kumar Bishnoi | Director |
| Mr. Vikram Hosangady | Director |
Rane Engine Valve Forecast
Price Estimates
Rane Engine Valve Corporate Action
Rane Engine Valve FAQs
What is Share Price of Rane Engine Valve ?
Rane Engine Valve share price is ₹532 As on 07 September, 2024 | 22:42
What is the Market Cap of Rane Engine Valve ?
The Market Cap of Rane Engine Valve is ₹384.9 Cr As on 07 September, 2024 | 22:42
What is the P/E ratio of Rane Engine Valve ?
The P/E ratio of Rane Engine Valve is 31.8 As on 07 September, 2024 | 22:42
What is the PB ratio of Rane Engine Valve ?
The PB ratio of Rane Engine Valve is 3.2 As on 07 September, 2024 | 22:42