Rane Brake Lining Share Price
Start SIP in Rane Brake Lining
Start SIPRane Brake Lining Performance
Day Range
- Low 1,170
- High 1,225
52 Week Range
- Low 643
- High 1,370
- Open Price1,200
- Previous Close1,208
- Volume4744
Rane Brake Lining Investment Rating
-
Master Rating:
-
Rane Brake Linings has an operating revenue of Rs. 668.43 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, ROE of 14% is good. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 12% 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 74 which is a FAIR score but needs to improve its 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 60 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 definitely has some strength, you may want to examine it 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 | 160 | 186 | 164 | 158 | 152 | 165 |
| Operating Expenses Qtr Cr | 142 | 158 | 146 | 140 | 141 | 145 |
| Operating Profit Qtr Cr | 18 | 28 | 18 | 18 | 12 | 20 |
| Depreciation Qtr Cr | 6 | 6 | 5 | 5 | 5 | 5 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 3 | 6 | 3 | 3 | 2 | 4 |
| Net Profit Qtr Cr | 9 | 15 | 10 | 10 | 5 | 12 |
Rane Brake Lining Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 10
- Bearish Moving Average
- ___
- 6
- 20 Day
- ₹1,199.73
- 50 Day
- ₹1,118.18
- 100 Day
- ₹1,034.33
- 200 Day
- ₹950.50
- 20 Day
- ₹1,232.18
- 50 Day
- ₹1,082.34
- 100 Day
- ₹1,014.01
- 200 Day
- ₹912.13
Rane Brake Lining Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 1,220.38 |
| Second Resistance | 1,250.12 |
| Third Resistance | 1,275.23 |
| RSI | 52.17 |
| MFI | 65.07 |
| MACD Single Line | 48.95 |
| MACD | 33.53 |
| Support | |
|---|---|
| First Support | 1,165.53 |
| Second Support | 1,140.42 |
| Third Supoort | 1,110.68 |
Rane Brake Lining Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 5,308 | 530,800 | 100 |
| Week | 4,778 | 477,820 | 100 |
| 1 Month | 64,886 | 1,677,301 | 25.85 |
| 6 Month | 74,999 | 2,072,982 | 27.64 |
Rane Brake Lining Result Highlights
Rane Brake Lining Synopsis
NSE-Auto/Truck-Original Eqp
Rane Brake Lining Lt is involved in the business activities of Manufacture of diverse parts and accessories for motor vehecles sucs as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, steering columns and steering boxes etc.. Company’s Total Operating Revenue is Rs. 660.83 Cr. and Equity Capital is Rs. 7.73 Cr. for the Year ended 31/03/2024. Rane Brake Lining Ltd. is a Public Limited Listed company incorporated on 17/12/2004 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L63011TN2004PLC054948 and registration number is 054948.| Market Cap | 920 |
| Sales | 668 |
| Shares in Float | 0.22 |
| No of funds | 7 |
| Yield | 2.52 |
| Book Value | 3.27 |
| U/D Vol ratio | 3.2 |
| LTDebt / Equity | |
| Alpha | 0.05 |
| Beta | 1.1 |
Rane Brake Lining Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 70.93% | 70.93% | 70.93% | 70.93% |
| Insurance Companies | 3.55% | 3.55% | 3.55% | 3.55% |
| Foreign Portfolio Investors | 0.09% | 0.01% | 0.34% | 0.08% |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
| Individual Investors | 22.87% | 23.17% | 22.82% | 23.26% |
| Others | 2.55% | 2.33% | 2.35% | 2.17% |
Rane Brake Lining Management
| Name | Designation |
|---|---|
| Mr. Harish Lakshman | Chairman |
| Mr. L Ganesh | Director |
| Mr. Yasuji Ishii | Nominee Director |
| Mr. Srivatsan Coimbatore Natarajan | Director |
| Mr. Ashok Malhotra | Director |
Rane Brake Lining Forecast
Price Estimates
Rane Brake Lining Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-22 | Quarterly Results | |
| 2024-05-03 | Audited Results & Dividend | |
| 2024-01-30 | Quarterly Results | |
| 2023-11-02 | Quarterly Results | |
| 2023-07-24 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-15 | FINAL | Rs.30.00 per share(300%)Final Dividend |
| 2023-07-17 | FINAL | Rs.25.00 per share(250%)Dividend |
| 2022-06-21 | FINAL | Rs.20.00 per share(200%)Dividend |
| 2021-07-19 | FINAL | Rs.25.00 per share(250%)Final Dividend |
About Rane Brake Lining
Rane Brake Lining FAQs
What is Share Price of Rane Brake Lining ?
Rane Brake Lining share price is ₹1,199 As on 21 September, 2024 | 05:27
What is the Market Cap of Rane Brake Lining ?
The Market Cap of Rane Brake Lining is ₹927.5 Cr As on 21 September, 2024 | 05:27
What is the P/E ratio of Rane Brake Lining ?
The P/E ratio of Rane Brake Lining is 21.1 As on 21 September, 2024 | 05:27
What is the PB ratio of Rane Brake Lining ?
The PB ratio of Rane Brake Lining is 3.3 As on 21 September, 2024 | 05:27
How to Invest in Rane Brake Lining Ltd?
Since Rane Brake Lining Ltd is publicly listed, you can invest by opening a demat account with a brokerage firm and buying shares on the relevant stock exchange (NSE or BSE).
What Affects Rane Brake Lining Ltd's Share Price?
Several factors can influence Rane Brake Lining Ltd's share price, including:
● The company's financial performance, profitability, and future prospects.
● The overall health of the automotive industry.
● Government policies and regulations impacting the industry.
● News and ratings related to Rane Brake Lining Ltd, including analyst opinions and investor sentiment.