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Rane Holdings Ltd (RANEHOLDIN)

₹1400.654.06%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Rane Holdings Ltd share Performance

  • ₹1337.1
    ₹1446.8
    ₹1400.65
    downward going graph

    4.54%

    Low

    Day's Volatility:7.83%

    High

    3.29%

    downward going graph
  • ₹873
    ₹1446.8
    ₹1400.65
    downward going graph

    37.67%

    Low

    52 Weeks Volatility:40.97%

    High

    3.29%

    downward going graph
1 Month Return20.35 %
3 Month Return12.81 %
1 Year Return44.39 %
Previous Close₹1,346.05
Open₹1,349.00
Volume1.92L
Upper Circuit-
Lower Circuit-
Market Cap₹1,922.16Cr

Company Information

Rane Holdings Ltd (formerly Rane Madras Ltd) is the leading branch of the Madras-based Rane Group of companies. The main product lines of Rane Holdings Ltd include Tier Rod Ends (TRE) and Steering Gears (SG) that are used in the steering systems of four-wheelers. Their production is undertaken in collaboration with TRW Ehrenreich from Germany. The company also distributes auto ancillaries of giant owners such as General Motors, Reynold and American Autos. To further increase their product portfolio, a wholly owned subsidiary was introduced, Rane Power Steering (RPSL), to manufacture power steerings for heavy vehicle and passenger cars.

In addition, a joint venture company has been formed between TRW and Rane – the TRW Rane Occupants Restraints – for the manufacture of seatbelts. Furthermore, to manufacture energy absorbing steering columns, Rane is in collaboration with NSK Japan and Torrington Company from the US. These efforts have led to the increase of the Steering Gear Products installed capacity to 464,400 units/year for the year 2001 – a 500 unit-jump from the previous year’s total of 459000. Despite this success, the company changed its name in April 2005 from Rane Madras Ltd to Rane Holdings Ltd.

Share Price: ₹1400.65 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹1,922.16Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹48.03Cr as on December 2023 (Q4 23)
Listing date: 13 Jan, 1995
Chairperson Name: L Lakshman
OrganisationRane Holdings Ltd
HeadquartersChennai
IndustryFinance
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Key events for Rane Holdings Ltd

  • ZF Rane Automotive India Acquires TRW Sun Steering Wheels - 29 Mar, 2024

    ZF Rane Automotive India, a joint venture between ZF Group and Rane Group, has acquired TRW Sun Steering Wheels for an undisclosed sum. The acquisition strengthens their position in providing comprehensive solutions covering occupant safety and system integration services to domestic customers.

  • Rane Group Announces Top Management Change - 19 Mar, 2024

    L Ganesh, Chairman of Rane Group's operating entities, is set to retire effective March 31, 2024. Harish Lakshman will take over as chairman from April 1, 2024. However, Ganesh will continue as Chairman and MD of Rane Holdings.

  • Leadership Change at Rane Holdings Ltd - 18 Mar, 2024

    Harish Lakshman will succeed L Ganesh as the Chairman of Rane Group effective April 1, 2024. Mr. Ganesh will retire from the operating entities but continue as CMD of Rane Holdings Ltd.

Fundamentals of Rane Holdings Ltd

Insights on Rane Holdings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, RANEHOLDIN stock has moved up by 20.4%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 51.32% to 51.43% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.57% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 294.5% return, outperforming this stock by 167.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 108.7% return, outperforming this stock by 64.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 946.43 Cr → 856.01 Cr (in ₹), with an average decrease of 9.6% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.51% to 0.40% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 40.64 Cr → 38.96 Cr (in ₹), with an average decrease of 4.1% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.41% to 0.40% in Mar 2024 quarter

Rane Holdings Ltd Valuation

Rane Holdings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-250.26x)

June 23, 2020

Today (25.70x)

April 30, 2024

Industry (30.93x)

April 30, 2024

Highest (49.97x)

September 7, 2022

LowHigh

Mutual Fund Holdings

Funds Holdings
Bandhan Transportation and Logistics Fund Direct GrowthBandhan Transportation and Logistics Fund Direct Growth1.41%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
46.57%
0.00
Foreign Institutions
0.4%
0.00
Mutual Funds
0.4%
0.00
Retail Investors
51.43%
0.00
Others
1.19%
0.00

Technicals of Rane Holdings Ltd share

News & Events of Rane Holdings Ltd

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Rane Holdings Ltd (RANEHOLDIN) share price today is ₹1400.65

Rane Holdings Ltd is listed on NSE

Rane Holdings Ltd is listed on BSE

  • Today’s highest price of Rane Holdings Ltd is ₹1446.8.
  • Today’s lowest price of Rane Holdings Ltd is ₹1337.1.

PE Ratio of Rane Holdings Ltd is 25.7

PE ratio = Rane Holdings Ltd Market price per share / Rane Holdings Ltd Earnings per share

Today’s traded volume of Rane Holdings Ltd(RANEHOLDIN) is 1.92L.

Today’s market capitalisation of Rane Holdings Ltd(RANEHOLDIN) is ₹1922.16Cr.

Rane Holdings Ltd(RANEHOLDINPrice
52 Week High
₹1446.8
52 Week Low
₹873

Rane Holdings Ltd(RANEHOLDIN) share price is ₹1400.65. It is down -3.19% from its 52 Week High price of ₹1446.8

Rane Holdings Ltd(RANEHOLDIN) share price is ₹1400.65. It is up 60.44% from its 52 Week Low price of ₹873

Rane Holdings Ltd(RANEHOLDINReturns
1 Day Returns
54.6%
1 Month Returns
20.35%
3 Month Returns
12.81%
1 Year Returns
44.39%