Rane Brake Lining
Rane Brake Lining Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Rane Brake Lining
Start SIPRane Brake Lining Investment Rating
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Master Rating:
-
Rane Brake Linings has an operating revenue of Rs. 598.68 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, ROE of 12% is good. The stock from a technical standpoint is trading close to its 200DMA and around 6% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 55 indicates it belongs to a fair industry group of Auto/Truck-Original Eqp and a Master Score of C is fair but needs to improve. 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 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 165 | 153 | 141 | 139 | 153 |
| Operating Expenses Qtr Cr | 145 | 137 | 131 | 129 | 135 |
| Operating Profit Qtr Cr | 20 | 16 | 10 | 10 | 18 |
| Depreciation Qtr Cr | 5 | 5 | 5 | 5 | 6 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 4 | 3 | 2 | 2 | 3 |
| Net Profit Qtr Cr | 12 | 9 | 6 | 6 | 13 |
Rane Brake Lining Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹716.6
- 50 Day
- ₹702.08
- 100 Day
- ₹699.85
- 200 Day
- ₹706.22
- 20 Day
- ₹720.5
- 50 Day
- ₹682.97
- 100 Day
- ₹695.96
- 200 Day
- ₹712.78
Rane Brake Lining Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹730.3 |
| Second Resistance | ₹736.7 |
| Third Resistance | ₹741.15 |
| RSI | 60.96 |
| MFI | 74.05 |
| MACD Single Line | 10.55 |
| MACD | 9.24 |
| Support | |
|---|---|
| First Resistance | ₹719.45 |
| Second Resistance | ₹715 |
| Third Resistance | ₹708.6 |
Rane Brake Lining Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 12,788 | 453,462 | 35.46 |
| Week | 7,485 | 313,613 | 41.9 |
| 1 Month | 22,068 | 632,019 | 28.64 |
| 6 Month | 14,271 | 457,115 | 32.03 |
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. 598.80 Cr. and Equity Capital is Rs. 7.73 Cr. for the Year ended 31/03/2023. 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 | 567 |
| Sales | 599 |
| Shares in Float | 0.22 |
| No of funds | 5 |
| Yield | 3.45 |
| Book Value | 2.17 |
| U/D Vol ratio | 0.9 |
| LTDebt / Equity | |
| Alpha | 0.03 |
| Beta | 0.87 |
Rane Brake Lining
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 70.93% | 70.93% | 70.93% | 70.93% |
| Insurance Companies | 3.55% | 3.55% | 3.55% | 3.55% |
| Foreign Portfolio Investors | 0.13% | 0.01% | ||
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
| Individual Investors | 23.49% | 23.48% | 23.43% | 23.36% |
| Others | 2.02% | 2.03% | 1.95% | 2.14% |
Rane Brake Lining Management
| Name | Designation |
|---|---|
| Mr. L Ganesh | Chairman |
| Mr. Harish Lakshman | Director |
| Mr. Anil Kumar Venkat Epur | Director |
| Mr. S Sandilya | Director |
| Dr.(Mrs.) Brinda Jagirdar | Director |
| Mr. Yasuji Ishii | Nominee Director |
| Mr. Srivatsan Coimbatore Natarajan | Ind. Non-Executive Director |
| Mr. Ashok Malhotra | Independent Director |
Rane Brake Lining Forecast
Price Estimates
Rane Brake Lining Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-03 | Audited Results & Dividend | |
| 2023-02-09 | Quarterly Results | |
| 2022-10-19 | Quarterly Results | |
| 2022-07-26 | Quarterly Results | |
| 2022-05-18 | Audited Results & Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 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 |
Rane Brake Lining FAQs
What is Share Price of Rane Brake Lining ?
Rane Brake Lining share price is ₹729 As on 29 May, 2023 | 21:04
What is the Market Cap of Rane Brake Lining ?
The Market Cap of Rane Brake Lining is ₹564 Cr As on 29 May, 2023 | 21:04
What is the P/E ratio of Rane Brake Lining ?
The P/E ratio of Rane Brake Lining is 16.9 As on 29 May, 2023 | 21:04
What is the PB ratio of Rane Brake Lining ?
The PB ratio of Rane Brake Lining is 2.2 As on 29 May, 2023 | 21:04