RANEENGINE

Rane Engine Valve Share PriceRane Engine Valve

₹360.8
-16.1 (-4.27%)
As on 09 December, 2023 | 23:49 BSE: 532988 NSE: RANEENGINEISIN: INE222J01013

Rane Engine Valve Performance

Day Range

  • Low 353.70
  • High 384.80
₹ 360.8

52 Week Range

  • Low 195.00
  • High 393.85
₹ 360.8
  • Open Price376.95
  • Previous Close376.90
  • Volume14489

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Rane Engine Valve Share Price

  • Over 1 Month 23.56%
  • Over 3 Month 13.05%
  • Over 6 Month 32.53%
  • Over 1 Year 63.93%

Rane Engine Valve Key Statistics

P/E Ratio 41.4
PEG Ratio 0.2
Market Cap Cr 261
Price to Book Ratio 2.5
EPS -9.8
Dividend 0
Relative Strength Index 65.35
Money Flow Index 77.42
MACD Signal 9.41
Average True Range 16.29

Rane Engine Valve Investment Rating

  • Master Rating:
  • Rane Engine Valves has an operating revenue of Rs. 540.28 Cr. on a trailing 12-month basis. An annual revenue growth of 30% is outstanding, ROE of -0% is poor and needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 68 which is a FAIR score but needs to improve its earnings, a RS Rating of 70 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 88 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has remained stable in the last reported quarter. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rane Engine Valve Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 143138136124123115109
Operating Expenses Qtr Cr 135127120117115113100
Operating Profit Qtr Cr 811167829
Depreciation Qtr Cr 5555555
Interest Qtr Cr 2333322
Tax Qtr Cr 11200-13
Net Profit Qtr Cr 125-20-30
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 500385
Operating Expenses Annual Cr 463369
Operating Profit Annual in Cr 3414
Depreciation Cr 1920
Interest Annual Cr 108
Tax Annual Cr 0-3
Net Profit Annual Cr 0-12
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 21-17
Cash from Investing Activity Annual Cr -19-14
Cash from Financing Annual Activity Cr 68
Net Cash Flow Annual Cr 7-23
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 10597
Fixed Assets Annual Cr 9187
Total Non Current Assets Annual Cr 137136
Total Current Assets Annual Cr 215176
Total Assets Annual Cr 352312
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 149145
ROE Annual % 0-12
ROCE Annual % 10-2
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 74
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Rane Engine Valve Technicals

EMA & SMA

Current Price
₹360.8
-16.1 (-4.27%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹330.43
  • 50 Day
  • ₹316.27
  • 100 Day
  • ₹305.20
  • 200 Day
  • ₹287.34
  • 20 Day
  • ₹324.77
  • 50 Day
  • ₹310.05
  • 100 Day
  • ₹309.31
  • 200 Day
  • ₹278.24

Rane Engine Valve Resistance and Support

PIVOT
₹366.44
Resistance
First Resistance 379.17
Second Resistance 397.53
Third Resistance 410.27
RSI 65.35
MFI 77.42
MACD Single Line 9.41
MACD 14.30
Support
First Resistance 348.07
Second Resistance 335.33
Third Resistance 316.97

Rane Engine Valve Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 16,057 1,052,857 65.57
Week 29,943 1,603,170 53.54
1 Month 12,835 790,741 61.61
6 Month 7,791 654,967 84.07

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. 497.57 Cr. and Equity Capital is Rs. 7.06 Cr. for the Year ended 31/03/2023. 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 261
Sales 540
Shares in Float 0.30
No of funds 6
Yield 0.55
Book Value 2.43
U/D Vol ratio 1.4
LTDebt / Equity 42
Alpha 0.23
Beta 0.72

Rane Engine Valve

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 58.32%58.32%57.3%55.12%
Insurance Companies 0.01%0.49%0.53%0.56%
Foreign Portfolio Investors
Financial Institutions/ Banks 0.06%0.06%0.07%0.07%
Individual Investors 30.84%30.29%30.77%32.23%
Others 10.77%10.84%11.33%12.02%

Rane Engine Valve Management

Name Designation
Mr. L Ganesh Chairman
Mr. Harish Lakshman Vice Chairman
Mr. N Ramesh Rajan Director
Ms. Vasudha Sundararaman Director
Mr. Pradip Kumar Bishnoi Director
Mr. Anil Kumar Venkat Epur Director
Dr.(Ms.) Brinda Jagirdar Director

Rane Engine Valve Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rane Engine Valve Corporate Action

Date Purpose Remarks
2023-10-31 Quarterly Results
2023-07-25 Quarterly Results
2023-05-04 Audited Results
2023-02-07 Quarterly Results
2022-10-18 Quarterly Results

Rane Engine Valve FAQs

What is Share Price of Rane Engine Valve ?

Rane Engine Valve share price is ₹360 As on 09 December, 2023 | 23:35

What is the Market Cap of Rane Engine Valve ?

The Market Cap of Rane Engine Valve is ₹261 Cr As on 09 December, 2023 | 23:35

What is the P/E ratio of Rane Engine Valve ?

The P/E ratio of Rane Engine Valve is 41.4 As on 09 December, 2023 | 23:35

What is the PB ratio of Rane Engine Valve ?

The PB ratio of Rane Engine Valve is 2.5 As on 09 December, 2023 | 23:35

Q2FY23