RML

Rane (Madras) Share PriceRane (Madras)

₹400.25
12.45 (3.21%)
As on 30 March, 2023 | 16:55 BSE: 532661 NSE: RML

Rane (Madras) Performance

Day Range

  • Low
  • High

52 Week Range

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

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Rane (Madras) Share Price

  • Over 1 Month -6.26%
  • Over 3 Month -1.6%
  • Over 6 Month 0.92%
  • Over 1 Year 14.98%

Rane (Madras) Key Statistics

P/E Ratio 36.3
PEG Ratio 0
Market Cap Cr 651
Price to Book Ratio 2.9
EPS 22.4
Dividend 0
Relative Strength Index 38.88
Money Flow Index 24.71
MACD Signal -6.07
Average True Range 17.9

Rane (Madras) Investment Rating

  • Master Rating:
  • Rane (Madras) has an operating revenue of Rs. 2,238.31 Cr. on a trailing 12-month basis. An annual revenue growth of 37% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 4% is fair but needs improvement. The company has a high debt to equity of 103%, which can be a reason to worry. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. 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 69 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 59 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. 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

Rane (Madras) Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 526537500452
Operating Expenses Qtr Cr 473493453410
Operating Profit Qtr Cr 54434742
Depreciation Qtr Cr 18161616
Interest Qtr Cr 8757
Tax Qtr Cr 12578
Net Profit Qtr Cr 33162017

Rane (Madras) Technicals

EMA & SMA

Current Price
₹400.25
12.45 (3.21%)
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • 423.27
  • 50 Day
  • 426.53
  • 100 Day
  • 414.81
  • 200 Day
  • 396.65
  • 20 Day
  • 429.9
  • 50 Day
  • 432.65
  • 100 Day
  • 410.21
  • 200 Day
  • 386.23

Rane (Madras) Resistance and Support

PIVOT
₹391.07
Resistance
First Resistance 396.64
Second Resistance 405.47
Third Resistance 411.04
RSI 38.89
MFI 24.71
MACD Single Line -6.07
MACD -11.05
Support
First Resistance 382.24
Second Resistance 376.67
Third Resistance 367.84

Rane (Madras) Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 22,874 1,252,809 54.77
Week 14,952 796,354 53.26
1 Month 27,484 1,194,190 43.45
6 Month 43,976 1,671,072 38

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. 1555.00 Cr. and Equity Capital is Rs. 16.27 Cr. for the Year ended 31/03/2022. 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 651
Sales 2,015
Shares in Float 0.44
No of funds 2
Yield 0.89
Book Value 1.74
U/D Vol ratio 2
LTDebt / Equity 41
Alpha 0.11
Beta 1.17

Rane (Madras)

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 72.65%72.65%72.65%
Foreign Portfolio Investors 0.03%0.04%
Financial Institutions/ Banks
Individual Investors 23.28%23.41%23.61%
Others 4.07%3.91%3.7%

Rane (Madras) Management

Name Designation
Mr. Ganesh Lakshminarayan Chairman
Mr. Harish Lakshman Vice Chairman
Mr. N Ramesh Rajan Director
Mr. S Sandilya Director
Mr. Pradip Kumar Bishnoi Director
Ms. Vasudha Sundararaman Independent Director

Rane (Madras) Forecast

Price Estimates

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

Other Analyst Rating

Rane (Madras) FAQs

What is Share Price of Rane (Madras) ?

Rane (Madras) share price is ₹400 As on 30 March, 2023 | 16:41

What is the Market Cap of Rane (Madras) ?

The Market Cap of Rane (Madras) is ₹651 Cr As on 30 March, 2023 | 16:41

What is the P/E ratio of Rane (Madras) ?

The P/E ratio of Rane (Madras) is 36.3 As on 30 March, 2023 | 16:41

What is the PB ratio of Rane (Madras) ?

The PB ratio of Rane (Madras) is 2.9 As on 30 March, 2023 | 16:41

Q2FY23

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