Rane Holdings
Rane Holdings Performance
Day Range
- Low 1,242.00
- High 1,266.50
52 Week Range
- Low 810.00
- High 1,335.20
- Open Price1,256.90
- Previous Close1,250.45
- Volume7102
Start SIP in Rane Holdings
Start SIPRane Holdings Investment Rating
-
Master Rating:
-
Rane Holdings has an operating revenue of Rs. 3,634.49 Cr. on a trailing 12-month basis. An annual revenue growth of 30% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 41%, 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 20% 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 0% 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 41 which is a POOR score indicating inconsistency in earnings, a RS Rating of 59 which is POOR indicating the underperformance as compared to other stocks, 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 declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 69 | 26 | 25 | 24 | 40 | 29 | 21 |
Operating Expenses Qtr Cr | 14 | 13 | 13 | 12 | 12 | 10 | 9 |
Operating Profit Qtr Cr | 55 | 13 | 12 | 12 | 28 | 19 | 12 |
Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Tax Qtr Cr | 8 | 2 | 2 | 2 | 4 | 3 | 1 |
Net Profit Qtr Cr | 45 | 6 | 5 | 7 | 21 | 14 | 9 |
Rane Holdings Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 10
- Bearish Moving Average
- ___
- 6
- 20 Day
- ₹1,249.63
- 50 Day
- ₹1,208.00
- 100 Day
- ₹1,149.39
- 200 Day
- ₹1,065.28
- 20 Day
- ₹1,258.62
- 50 Day
- ₹1,207.05
- 100 Day
- ₹1,127.77
- 200 Day
- ₹1,040.53
Rane Holdings Resistance and Support
Resistance | |
---|---|
First Resistance | 1,265.30 |
Second Resistance | 1,278.15 |
Third Resistance | 1,289.80 |
RSI | 53.53 |
MFI | 61.41 |
MACD Single Line | 21.28 |
MACD | 15.92 |
Support | |
---|---|
First Resistance | 1,240.80 |
Second Resistance | 1,229.15 |
Third Resistance | 1,216.30 |
Rane Holdings Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 8,266 | 534,976 | 64.72 |
Week | 8,983 | 530,165 | 59.02 |
1 Month | 23,054 | 1,062,796 | 46.1 |
6 Month | 30,917 | 1,270,081 | 41.08 |
Rane Holdings Result Highlights
Rane Holdings Synopsis
NSE-Auto/Truck-Original Eqp
Rane Holdings Ltd. is involved in the business activities of Computer consultancy and computer facilities management activities. Company’s Total Operating Revenue is Rs. 117.66 Cr. and Equity Capital is Rs. 14.28 Cr. for the Year ended 31/03/2023. 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 | 1,788 |
Sales | 143 |
Shares in Float | 0.76 |
No of funds | 25 |
Yield | 1.36 |
Book Value | 3.33 |
U/D Vol ratio | 2 |
LTDebt / Equity | 8 |
Alpha | 0.13 |
Beta | 0.96 |
Rane Holdings
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 46.57% | 46.57% | 46.57% | 46.57% |
Mutual Funds | 0.48% | 0.37% | ||
Insurance Companies | 1.53% | 1.53% | 1.53% | 1.53% |
Foreign Portfolio Investors | 0.39% | 0.47% | 0.5% | 0.54% |
Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
Individual Investors | 37.99% | 38.36% | 38.46% | 38.05% |
Others | 13.03% | 13.06% | 12.93% | 12.93% |
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.(Ms.) Sheela Bhide | 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 |
---|---|---|
2023-11-09 | Quarterly Results | |
2023-08-04 | Quarterly Results | |
2023-05-12 | Audited Results & Dividend | |
2023-02-14 | Quarterly Results | |
2022-10-28 | 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 ₹1,252 As on 09 December, 2023 | 07:34
What is the Market Cap of Rane Holdings ?
The Market Cap of Rane Holdings is ₹1788.2 Cr As on 09 December, 2023 | 07:34
What is the P/E ratio of Rane Holdings ?
The P/E ratio of Rane Holdings is 23.7 As on 09 December, 2023 | 07:34
What is the PB ratio of Rane Holdings ?
The PB ratio of Rane Holdings is 1.7 As on 09 December, 2023 | 07:34