Rane Holdings Share Price
Start SIP in Rane Holdings
Start SIPRane Holdings Performance
Day Range
- Low 1,860
- High 1,982
52 Week Range
- Low 1,020
- High 2,459
- Open Price1,975
- Previous Close1,946
- Volume34710
Rane Holdings Investment Rating
-
Master Rating:
-
Rane Holdings has an operating revenue of Rs. 3,466.21 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 13% is good. The company has a reasonable debt to equity of 34%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 35% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around 3% 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 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 76 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 50 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 is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
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 | 57 | 26 | 26 | 69 | 26 | 25 |
| Operating Expenses Qtr Cr | 13 | 12 | 13 | 14 | 13 | 13 |
| Operating Profit Qtr Cr | 44 | 14 | 13 | 55 | 13 | 12 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 0 | 1 | 1 | 1 | 1 | 1 |
| Tax Qtr Cr | 6 | 2 | 2 | 8 | 2 | 2 |
| Net Profit Qtr Cr | 37 | 11 | 0 | 45 | 6 | 5 |
Rane Holdings Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 5
- Bearish Moving Average
- ___
- 11
- 20 Day
- ₹2,057.52
- 50 Day
- ₹1,950.04
- 100 Day
- ₹1,760.46
- 200 Day
- ₹1,542.06
- 20 Day
- ₹2,151.81
- 50 Day
- ₹1,939.39
- 100 Day
- ₹1,677.16
- 200 Day
- ₹1,440.19
Rane Holdings Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 2,004.77 |
| Second Resistance | 2,063.78 |
| Third Resistance | 2,098.17 |
| RSI | 40.49 |
| MFI | 14.96 |
| MACD Single Line | 34.82 |
| MACD | -1.60 |
| Support | |
|---|---|
| First Support | 1,911.37 |
| Second Support | 1,876.98 |
| Third Supoort | 1,817.97 |
Rane Holdings Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 16,311 | 777,056 | 47.64 |
| Week | 27,994 | 1,246,293 | 44.52 |
| 1 Month | 60,166 | 2,635,879 | 43.81 |
| 6 Month | 61,289 | 2,178,224 | 35.54 |
Rane Holdings Result Highlights
Rane Holdings Synopsis
NSE-Auto/Truck-Original Eqp
Rane Holdings Ltd. is involved in the business activities of Leasing of nonfinancial intangible assets. Company’s Total Operating Revenue is Rs. 146.86 Cr. and Equity Capital is Rs. 14.28 Cr. for the Year ended 31/03/2024. Rane Holdings Ltd. is a Public Limited Listed company incorporated on 03/03/1936 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L35999TN1936PLC002202 and registration number is 002202.| Market Cap | 2,778 |
| Sales | 179 |
| Shares in Float | 0.76 |
| No of funds | 34 |
| Yield | 1.28 |
| Book Value | 4.81 |
| U/D Vol ratio | 2.3 |
| LTDebt / Equity | 8 |
| Alpha | 0.14 |
| Beta | 0.95 |
Rane Holdings Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 46.57% | 46.57% | 46.57% | 46.57% |
| Mutual Funds | 0.47% | 0.4% | 0.51% | 0.48% |
| Insurance Companies | 1.18% | 1.18% | 1.18% | 1.53% |
| Foreign Portfolio Investors | 0.49% | 0.4% | 0.41% | 0.39% |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
| Individual Investors | 38.2% | 38.3% | 38.34% | 37.99% |
| Others | 13.08% | 13.14% | 12.98% | 13.03% |
Rane Holdings Management
| Name | Designation |
|---|---|
| Mr. L Lakshman | Chairman Emeritus |
| Mr. L Ganesh | Chairman & Managing Director |
| Mr. Harish Lakshman | Vice Chairman & Jt Manag. Dir. |
| Dr. Brinda Jagirdar | Director |
| Dr. V Sumantran | Director |
| Mr. Rajeev Gupta | Director |
| Mr. Pradip Kumar Bishnoi | Director |
Rane Holdings Forecast
Price Estimates
Rane Holdings Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-11-05 | Quarterly Results | |
| 2024-08-02 | Quarterly Results | |
| 2024-05-15 | Audited Results & Final Dividend | |
| 2024-02-08 | Quarterly Results | (Revised) per share(40%)Interim Dividend |
| 2023-11-09 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-07-28 | FINAL | Rs.17.00 per share(170%)Dividend |
| 2022-06-22 | FINAL | Rs.12.00 per share(120%)Dividend |
Rane Holdings FAQs
What is Share Price of Rane Holdings ?
Rane Holdings share price is ₹1,919 As on 07 October, 2024 | 14:02
What is the Market Cap of Rane Holdings ?
The Market Cap of Rane Holdings is ₹2740.3 Cr As on 07 October, 2024 | 14:02
What is the P/E ratio of Rane Holdings ?
The P/E ratio of Rane Holdings is 22.1 As on 07 October, 2024 | 14:02
What is the PB ratio of Rane Holdings ?
The PB ratio of Rane Holdings is 2.3 As on 07 October, 2024 | 14:02