Rane (Madras)
Rane (Madras) Performance
Day Range
- Low 811.25
- High 837.00
52 Week Range
- Low 343.15
- High 990.50
- Open Price836.60
- Previous Close827.05
- Volume10659
Start SIP in Rane (Madras)
Start SIPRane (Madras) Investment Rating
-
Master Rating:
-
Rane (Madras) has an operating revenue of Rs. 2,404.38 Cr. on a trailing 12-month basis. An annual revenue growth of 36% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 12% is good. The company has a high debt to equity of 101%, which can be a reason to worry. The stock from a technical standpoint is trading below to its 50DMA and around 27% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 36 which is a POOR score indicating inconsistency in earnings, a RS Rating of 79 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 83 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 gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre 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 | 572 | 530 | 561 | 526 | 537 | 500 | 452 |
Operating Expenses Qtr Cr | 520 | 480 | 504 | 473 | 493 | 453 | 410 |
Operating Profit Qtr Cr | 52 | 50 | 57 | 54 | 43 | 47 | 42 |
Depreciation Qtr Cr | 19 | 19 | 23 | 18 | 16 | 16 | 16 |
Interest Qtr Cr | 12 | 10 | 8 | 8 | 7 | 5 | 7 |
Tax Qtr Cr | -108 | 1 | 4 | 12 | 5 | 7 | 8 |
Net Profit Qtr Cr | 7 | 3 | -196 | 33 | 16 | 20 | 17 |
Rane (Madras) Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 8
- Bearish Moving Average
- ___
- 8
- 20 Day
- ₹825.45
- 50 Day
- ₹813.49
- 100 Day
- ₹766.89
- 200 Day
- ₹676.57
- 20 Day
- ₹818.85
- 50 Day
- ₹838.01
- 100 Day
- ₹767.08
- 200 Day
- ₹645.52
Rane (Madras) Resistance and Support
Resistance | |
---|---|
First Resistance | 836.82 |
Second Resistance | 849.78 |
Third Resistance | 862.57 |
RSI | 49.85 |
MFI | 69.29 |
MACD Single Line | 2.12 |
MACD | 3.38 |
Support | |
---|---|
First Resistance | 811.07 |
Second Resistance | 798.28 |
Third Resistance | 785.32 |
Rane (Madras) Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 11,146 | 590,181 | 52.95 |
Week | 10,433 | 593,139 | 56.85 |
1 Month | 9,705 | 532,440 | 54.86 |
6 Month | 74,326 | 2,097,488 | 28.22 |
Rane (Madras) Result Highlights
Rane (Madras) Synopsis
NSE-Auto/Truck-Original Eqp
Rane (Madras) 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. 2123.55 Cr. and Equity Capital is Rs. 16.27 Cr. for the Year ended 31/03/2023. Rane (Madras) Ltd. is a Public Limited Listed company incorporated on 31/03/2004 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65993TN2004PLC052856 and registration number is 052856.Market Cap | 1,340 |
Sales | 2,190 |
Shares in Float | 0.44 |
No of funds | 3 |
Yield | 0.89 |
Book Value | 5.42 |
U/D Vol ratio | 1.2 |
LTDebt / Equity | 69 |
Alpha | 0.29 |
Beta | 1.26 |
Rane (Madras)
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 72.65% | 72.65% | 72.65% | 72.65% |
Mutual Funds | 0.5% | |||
Foreign Portfolio Investors | 0.01% | 0.12% | ||
Financial Institutions/ Banks | ||||
Individual Investors | 23.08% | 22.89% | 22.83% | 23.28% |
Others | 3.76% | 4.46% | 4.4% | 4.07% |
Rane (Madras) Management
Name | Designation |
---|---|
Mr. Ganesh Lakshminarayan | Chairman |
Mr. Harish Lakshman | Vice Chairman |
Mr. N Ramesh Rajan | Director |
Mr. Vikram Hosangady | Director |
Mr. Pradip Kumar Bishnoi | Director |
Ms. Vasudha Sundararaman | Director |
Rane (Madras) Forecast
Price Estimates
Rane (Madras) Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-10-30 | Quarterly Results | |
2023-07-26 | Quarterly Results | |
2023-05-05 | Audited Results | |
2023-02-08 | Quarterly Results | |
2022-10-21 | Quarterly Results |
Rane (Madras) FAQs
What is Share Price of Rane (Madras) ?
Rane (Madras) share price is ₹823 As on 10 December, 2023 | 22:20
What is the Market Cap of Rane (Madras) ?
The Market Cap of Rane (Madras) is ₹1340 Cr As on 10 December, 2023 | 22:20
What is the P/E ratio of Rane (Madras) ?
The P/E ratio of Rane (Madras) is 36.7 As on 10 December, 2023 | 22:20
What is the PB ratio of Rane (Madras) ?
The PB ratio of Rane (Madras) is 5.5 As on 10 December, 2023 | 22:20