Rane (Madras) Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

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Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
47.97% Gain from 52W Low
29.3
TTM PE Ratio
High in industry
481
Price to Book Ratio
Below industry Median
5.7
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-5.3
RSI
RSI is mid-range
61.6
MFI
MFI is mid-range
66.4

Rane (Madras) Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Rane (Madras) Ltd shareholding Pattern

Promoter
72.6%
Mutual Funds
0.5%
Domestic Institutions
0.5%
Public
26.9%
Promoter
72.6%
Mutual Funds
0.6%
Public
26.7%
Promoter
72.6%
Mutual Funds
0.5%
Domestic Institutions
0.5%
Public
26.9%
Promoter
72.6%
Public
27.2%
Promoter
72.6%
Foreign Institutions
0.1%
Public
27.2%
Promoter
72.6%
Public
27.4%
Mutual Funds
0.1%
Mutual Funds
0.4%
Mutual Funds
0.4%

Rane (Madras) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
883.40
10Day EMA
873.30
12Day EMA
869.20
20Day EMA
856.10
26Day EMA
848.80
50Day EMA
828.10
100Day EMA
806.40
200Day EMA
767.50
5Day SMA
884.30
10Day SMA
879.80
20Day SMA
841.20
30Day SMA
836.10
50Day SMA
831.10
100Day SMA
785.70
150Day SMA
796.50
200Day SMA
804.00
Delivery & Volume
Resistance & Support
894.22
Pivot
Resistance
First Resistance
905.73
Second Resistance
918.42
Third Resistance
929.93
Support
First Support
881.53
Second support
870.02
Third Support
857.33
Relative Strength Index
61.57
Money Flow Index
66.36
MACD
20.36
MACD Signal
16.10
Average True Range
37.19
Average Directional Index
18.13
Rate of Change (21)
7.95
Rate of Change (125)
13.56
Peer comparison
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Market Cap
52W Low
52W High
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1600.67
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1063
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1606.33
406.4
691.65
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1345.5
305
423
Automobile Corporation Of Goa Ltd.
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Saint-Gobain Sekurit India Ltd.
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Rane (Madras) Ltd Company background

Founded in: 2004
Rane (Madras) Ltd was incorporated on March 31, 2004 as a public limited company with the name Rane Holdings Ltd. The name of the company was subsequently changed to Rane (Madras) Manufacturing Ltd with effect from February 22, 2005. In April 2005, the manufacturing undertaking of the erstwhile Rane (Madras) Ltd got demerged and transferred to the Company with effect from July 1, 2004. In terms of the Scheme, the demerged company was renamed as Rane Holding Ltd and the name of the company was changed from Rane (Madras) Manufacturing Ltd to Rane (Madras) Ltd with effect from May 19, 2005.Rane (Madras) Ltd, a part of the Rane group, is a manufacturer of steering and suspension systems. The company operates under one division, namely components for transportation industry. They manufacture two types of steering gears, namely, circulating ball type steering gears, and rack and pinion type steering gears. The other products include tie rod assemblies, drag link assemblies, center link assemblies and gear shift ball joints. The company is a subsidiary company of Rane Holdings Ltd. The company is having their manufacturing facilities located at Chennai and Kancheepuram in Tamil Nadu, Mysore in Karnataka, Thirubuvanai in Pondicherry and Pantnagar in Uttarakhand. The production facilities in Mysore cater to the tractor and commercial vehicle segment the Pondicherry plant to the passenger car segment the plant in Chennai caters to the light commercial vehicle, heavy commercial vehicle and utility vehicle segment the Kancheepuram plant to the export market and the manufacturing facility in Pantnagar (Uttarakhand) supplies gears exclusively to Tata Motors Ltd.During the year 200506, the company increased the production capacity of Steering gear products from 590,300 Nos to 597,500 Nos.During the year 200607, the company set up a new plant for manufacture of ball joints in Ambakkam, Varanasi Village, Kancheepuram primarily to cater to the export markets. They commenced commercial production during the year. They also set up a manufacturing facility at Integral Industrial Estate, Pant Nagar, Uttarakhand, for supply of Steering Gears exclusively to Tata Motors Ltd.Rane Holding Ltd made additional investment in the company, and thus the company became a wholly owned subsidiary of the Rane Holdings Ltd with effect from March 26, 2007.The Company started manufacturing mechanical rack pinion steering gear for EPS in 2008. In 201516, the Company acquired Precision Die Casting Inc. (PDC) in USA, engaged in the business of manufacturing high pressure aluminium die casting for automotive applications like steering and compressor related die casting components. The entire shareholding in PDC, was acquired from its existing owners at a cost of USD 1. This investment was held by Rane (Madras) International Holdings, B.V, The Netherlands, a Wholly Owned Subsidiary of the Company (RMIH), incorporated during the year to hold strategic overseas investments of the Company. The WOS invested USD 2 million into the equity capital of PDC and the name of PDC was changed to Rane Precision Die Casting Inc., (RPDC) with effect from March 24, 2016.In 202122, the Company acquired the Steering Components Business (SCB) of M/s. Yagachi Technologies Private Limited (YTPL), for a cash consideration of Rs 25 Crores. The new plant at Maraimalai Nagar acquired from M/s. Yagachi Technologies Private Limited was made operational in 2023.
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Rane (Madras) Ltd FAQs

The past 1-year return of Rane (Madras) Ltd [RML] share was 45.8. The Rane (Madras) Ltd [RML] share hit a 1-year low of Rs. 603 and a 1-year high of Rs. 1020.

The Mutual Fund Shareholding was 0.47% at the end of .

You can easily buy Rane (Madras) Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

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