RANEHOLDIN

Rane Holdings Share PriceRane Holdings

₹1,252.45
2 (0.16%)
As on 09 December, 2023 | 07:48 BSE: 505800 NSE: RANEHOLDINISIN: INE384A01010

Rane Holdings Performance

Day Range

  • Low 1,242.00
  • High 1,266.50
₹ 1,252.45

52 Week Range

  • Low 810.00
  • High 1,335.20
₹ 1,252.45
  • Open Price1,256.90
  • Previous Close1,250.45
  • Volume7102

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Rane Holdings Share Price

  • Over 1 Month 6.18%
  • Over 3 Month 10.61%
  • Over 6 Month 23.52%
  • Over 1 Year 39.09%

Rane Holdings Key Statistics

P/E Ratio 23.7
PEG Ratio 0.2
Market Cap Cr 1,788
Price to Book Ratio 1.7
EPS 35.4
Dividend 1.4
Relative Strength Index 53.53
Money Flow Index 61.41
MACD Signal 21.28
Average True Range 42.21

Rane 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

Rane Holdings Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 69262524402921
Operating Expenses Qtr Cr 1413131212109
Operating Profit Qtr Cr 55131212281912
Depreciation Qtr Cr 1111111
Interest Qtr Cr 1111111
Tax Qtr Cr 8222431
Net Profit Qtr Cr 4565721149
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 118109
Operating Expenses Annual Cr 4635
Operating Profit Annual in Cr 7154
Depreciation Cr 43
Interest Annual Cr 66
Tax Annual Cr 1114
Net Profit Annual Cr 4834
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 5447
Cash from Investing Activity Annual Cr -15-33
Cash from Financing Annual Activity Cr -37-14
Net Cash Flow Annual Cr 20
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 536505
Fixed Assets Annual Cr 106104
Total Non Current Assets Annual Cr 588582
Total Current Assets Annual Cr 249
Total Assets Annual Cr 612591
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 376354
ROE Annual % 97
ROCE Annual % 1113
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6184
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 928894938874879817783
Operating Expenses Qtr Cr 858817834796817764718
Operating Profit Qtr Cr 707810478625365
Depreciation Qtr Cr 35354036333333
Interest Qtr Cr 171917141188
Tax Qtr Cr -9751217121021
Net Profit Qtr Cr 4113-19412020-19
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,5372,715
Operating Expenses Annual Cr 3,1892,512
Operating Profit Annual in Cr 319166
Depreciation Cr 142129
Interest Annual Cr 5034
Tax Annual Cr 5139
Net Profit Annual Cr 6224
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 18615
Cash from Investing Activity Annual Cr -152-114
Cash from Financing Annual Activity Cr -1465
Net Cash Flow Annual Cr 20-34
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 808776
Fixed Assets Annual Cr 833800
Total Non Current Assets Annual Cr 1,3551,372
Total Current Assets Annual Cr 1,2371,097
Total Assets Annual Cr 2,5922,468
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 736704
ROE Annual % 83
ROCE Annual % 145
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 108

Rane Holdings Technicals

EMA & SMA

Current Price
₹1,252.45
2 (0.16%)
pointer
  • 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

PIVOT
₹1,253.66
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 NameSep-23Jun-23Mar-23Dec-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

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

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)
Bandhan Small Cap Fund Regular Growth 2,228
Bandhan Transportation and Logistics Fund Regular Growth 335

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

Q2FY23