Rane Holdings Ltd

NSE
RANEHOLDIN •
BUY

1W Return

-%

1M Return

-%

6M Return

-%

1Y Return

-%

3Y Return

-%

Start SIP in Rane Holdings Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
33.93% Gain from 52W Low
-11.7
TTM PE Ratio
Below industry Median
21.5
Price to Book Ratio
Below industry Median
1.5
Dividend yield 1yr %
Market Leader
1.5
TTM PEG Ratio
PEG TTM is much higher than 1
1.2
RSI
RSI is mid-range
40.7
MFI
MFI is mid-range
43.5

Rane Holdings Ltd Key Financials

*All values are in ₹ Cr.

Rane Holdings Ltd shareholding Pattern

Promoter
46.6%
Foreign Institutions
0.4%
Mutual Funds
0.5%
Domestic Institutions
1.7%
Public
51.3%

Rane Holdings Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
2
Bearish Moving Averages
14
5Day EMA
1,100.20
10Day EMA
1,115.10
12Day EMA
1,120.60
20Day EMA
1,141.20
26Day EMA
1,154.30
50Day EMA
1,184.10
100Day EMA
1,184.00
200Day EMA
1,128.60
Delivery & Volume
Resistance & Support
1,094.58
Pivot
Resistance
First Resistance
1,130.22
Second Resistance
1,155.53
Third Resistance
1,191.17
Support
First Support
1,069.27
Second support
1,033.63
Third Support
1,008.32
Relative Strength Index
40.72
Money Flow Index
43.46
MACD
-33.72
MACD Signal
-31.37
Average True Range
50.19
Average Directional Index
15.28
Rate of Change (21)
-9.19
Rate of Change (125)
10.09

Rane Holdings Ltd Company background

Founded in: 1936
Managing director: L Ganesh
Rane Holdings Limited(RHL) (Erstwhile known as Rane Madras Ltd) is the holding company whose main activity is investing in Rane Group Companies that are engaged primarily in the manufacturing/marketing of components and providing technological services for the transportation industry, mainly the automotive sector. The company has two main product lines Tie Rod Ends (TREs) and Steering Gears (SGs) used in steering systems of fourwheelers. Production of TREs, in Madras, is in technical collaboration with TRW Ehrenreich, Germany. The company distributes auto ancillaries of international giants like General Motors, Reynold and American Autos. RML floated a whollyowned subsidiary, Rane Power Steering (RPSL), in technical collaboration with TRW, US, to manufacture power steering systems used in heavy vehicles and luxury passenger cars.The manual rack and pinion steering gear facility at Pondicherry commenced trial production in the first quarter of 1996. The joint venture company TRW Rane Occupants Restriants for the manufacture of occupant restriant systems viz., seat belts has completed the erection of plant and machinery and the orders have also been received. During 199697, RML entered into a joint venture with NSK, Japan and Torrington Company, U.S., for the manufacture of energy absorbing steering columns at Vallancherry, Tamil Nadu. In 200001 installed capacity of Steering Gear Products have increased to 464400 No p.a. when compared to previous year of 459000 No.In 200405, the Company demerged with Rane (Madras) Manufacturing Ltd. (RMML). In terms of the Scheme, the manufacturing undertaking of the Company was demerged / transferred to RMML with effect from July 01, 2004. Further, the name of RMML was changed to Rane (Madras) Limited and the Company was renamed as Rane (Madras) Limited. Rane (Madras) Limited (RML) was promoted by the Company as a subsidiary Company. With the completion of share consolidation, RML ceased to be a subsidiary of the Company in 200405.Effective on 1st April 2006, Company acquired on a going concern basis, the entire business undertaking of Techcons Limited, a company held by Rane Engine Valves Limited and Rane Brake Linings Limited at a cost of Rs.2.50 million.During year 200708, the concluding phase of the restructuring exercise involving demerger of the manufacturing undertaking of the erstwhile Rane Engine Valves Limited (REVL) and the erstwhile Rane Brake Linings Limited (RBL) into separate manufacturing companies and amalgamation of their remaining businesses, mainly the investments within the group and other nonmanufacturing assets, with the Company through a Court Approved Scheme, were completed during the year effective April 1, 2007. As a consideration on amalgamation of the remaining businesses of REVL and RBL, the Company issued and allotted 4,496,493 equity shares of Rs. 10/ each to the shareholders of these companies. With the amalgamation of the remaining businesses as above, Rane Investments Limited became a wholly owned subsidiary and Rane Diecast Limited became the subsidiary of the Company.In terms of Scheme of Merger approved by the Madras High Court, RIL, a wholly owned subsidiary of the Company was merged with Company effective April 1, 2009. The Company acquired 26% stake in SasMos HET Technologies Limited in FY 2012. It launched upgraded products such as valve stem seal for twowheeler and passenger car segments, valve seat insert for medium and heavy commercial vehicle, etc. in 2015. As part of technical development for front line managers, Rane Manufacturing Systems Professional (RMSP) was launched in Q1 on manufacturing processes and systems with gemba based learning and business oriented projects in 2017. It acquired 69.41% stake in Bengalurubased Telematics4u Services Pvt. Ltd later renamed to Rane t4u Private Ltd., which provides connected mobility solutions in 2018.
Read More

Rane Holdings Ltd FAQs

Rane Holdings Ltd shares are currently priced at 1104.9 on NSE and 1104.6 on BSE as of 2/29/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Rane Holdings Ltd [RANEHOLDIN] share was 25.06. The Rane Holdings Ltd [RANEHOLDIN] share hit a 1-year low of Rs. 825 and a 1-year high of Rs. 1385.3.

The market cap of Rane Holdings Ltd is Rs. 1577.8 Cr. as of 2/29/2024 12:00:00 AM.

The PE ratios of Rane Holdings Ltd is 21.91 as of 2/29/2024 12:00:00 AM.

The PB ratios of Rane Holdings Ltd is 2.79 as of 2/29/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.51% at the end of 2/29/2024 12:00:00 AM.

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

Open Demat Account
or Resume your Application
+91 -

personImage