RBL

Rane Brake Lining Share PriceRane Brake Lining

₹729.6
5.7 (0.79%)
As on 29 May, 2023 | 21:18 BSE: 532987 NSE: RBL

Rane Brake Lining Performance

Day Range

  • Low
  • High
729.6

52 Week Range

  • Low
  • High
729.6
  • Open Price
  • Previous Close
  • Volume

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Rane Brake Lining Share Price

  • Over 1 Month 2.91%
  • Over 3 Month 8.04%
  • Over 6 Month 0.38%
  • Over 1 Year 10.46%

Rane Brake Lining Key Statistics

P/E Ratio 16.9
PEG Ratio 0.7
Market Cap Cr 564
Price to Book Ratio 2.2
EPS 43.3
Dividend 2.7
Relative Strength Index 60.96
Money Flow Index 74.04
MACD Signal 10.55
Average True Range 21.6

Rane Brake Lining Investment Rating

  • 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

Rane Brake Lining Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 165153141139153
Operating Expenses Qtr Cr 145137131129135
Operating Profit Qtr Cr 2016101018
Depreciation Qtr Cr 55556
Interest Qtr Cr 00000
Tax Qtr Cr 43223
Net Profit Qtr Cr 1296613

Rane Brake Lining Technicals

EMA & SMA

Current Price
₹729.6
5.7 (0.79%)
  • 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

PIVOT
₹725.85
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 NameMar-23Dec-22Sep-22Jun-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

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

Other Analyst Rating

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

Q2FY23

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