Rane (Madras)
Rane (Madras) Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Rane (Madras)
Start SIPRane (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
| Indicator | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|
| Oper Rev Qtr Cr | 526 | 537 | 500 | 452 |
| Operating Expenses Qtr Cr | 473 | 493 | 453 | 410 |
| Operating Profit Qtr Cr | 54 | 43 | 47 | 42 |
| Depreciation Qtr Cr | 18 | 16 | 16 | 16 |
| Interest Qtr Cr | 8 | 7 | 5 | 7 |
| Tax Qtr Cr | 12 | 5 | 7 | 8 |
| Net Profit Qtr Cr | 33 | 16 | 20 | 17 |
Rane (Madras) Technicals
EMA & SMA
- 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
| 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 Name | Dec-22 | Sep-22 | Jun-22 | Mar-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
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