Rane (Madras) Ltd (RML)
₹406.5▲1.56%
Rane (Madras) Ltd Performance
₹404.25
Day's Price Range
₹411.95
₹258.55
52-Week Price Range
₹506.95
| Returns % | |
| 1 Month Return | -9.62 % |
| 3 Month Return | -4.94 % |
| 1 Year Return | 14.05 % |
Rane (Madras) Ltd Valuation
Rane (Madras) Ltd in the last 5 years
Lowest (-473.80x)
January 17, 2022
Today (36.32x)
March 29, 2023
Highest (184.78x)
April 22, 2019
LowHigh
36.32x
Price to Earnings TTM Ratio
Insights on Rane Madras Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
NO EFFECTAgainst Peers
In the last 1 year, Tube Investments of India Ltd has given 58.2% return, outperforming this stock by 44.2%
Rane (Madras) Ltd Peer Comparison
Rane (Madras) Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.65% | 0.00 | |
| Foreign Institutions | 0% | ||
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 27.35% | 0.09 | |
| Others | 0% | 0.00 |
Corporate Announcements
Rane (Madras) Ltd Earnings Results
Rane (Madras) Ltd’s net profit jumped 650.12% since last year same period to ₹23.71Cr in the Q3 2022-2023. On a quarterly growth basis, Rane (Madras) Ltd has generated 47320% jump in its net profits since last 3-months.
Read More about Earnings ResultsRane (Madras) Ltd Dividends May,2019
In the quarter ending June 2019, Rane (Madras) Ltd has declared dividend of ₹4.5 - translating a dividend yield of 2.12%.
Read More about Dividends
Rane (Madras) Ltd Company Information
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.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 was 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.During the year 200506 the company increased the production capacity of Steering gear products from 590300 Nos to 597500 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.
Rane (Madras) Ltd Share Price: ₹406.50 per share as on 31 Mar, 2023 04:01 PM
Rane (Madras) Ltd Market Capitalisation: ₹653.62Cr as of today
Rane (Madras) Ltd Revenue: ₹612.71Cr as on December 2022 (Q4 22)
Rane (Madras) Ltd Net Profit: ₹23.71Cr as on December 2022 (Q4 22)
Rane (Madras) Ltd Listing date: 01 Aug, 2010
Rane (Madras) Ltd Chairperson Name: L Ganesh
Rane (Madras) Ltd Share Price: ₹406.50 per share as on 31 Mar, 2023 04:01 PM
Rane (Madras) Ltd Market Capitalisation: ₹653.62Cr as of today
Rane (Madras) Ltd Revenue: ₹612.71Cr as on December 2022 (Q4 22)
Rane (Madras) Ltd Net Profit: ₹23.71Cr as on December 2022 (Q4 22)
Rane (Madras) Ltd Listing date: 01 Aug, 2010
Rane (Madras) Ltd Chairperson Name: L Ganesh
| Organisation | Rane (Madras) Ltd |
| Headquarters | Chennai |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Frequently Asked Questions
Rane (Madras) Ltd(RML) share price today is ₹406.50 (last updated 31 Mar, 2023 at 04:01 PM)
- Today’s highest price of Rane (Madras) Ltd(RML) is ₹411.95.
- Today’s lowest price of Rane (Madras) Ltd(RML) is ₹404.25.
- (last updated 31 Mar, 2023 at 04:01 PM)
Today’s traded volume of Rane (Madras) Ltd(RML) is 13711.
Today’s market capitalisation of Rane (Madras) Ltd(RML) is ₹653.62Cr.
| Rane (Madras) Ltd(RML) | Price |
|---|---|
| 52 Week High | ₹506.95 |
| 52 Week Low | ₹258.55 |
Rane (Madras) Ltd(RML) share price is ₹406.50 (last updated 31 Mar, 2023 at 04:01 PM). It is down -19.81% from its 52 Week High price of ₹506.95
Rane (Madras) Ltd(RML) share price is ₹406.50 (last updated 31 Mar, 2023 at 04:01 PM). It is up 57.22% from its 52 Week Low price of ₹258.55
| Rane (Madras) Ltd(RML) | Returns (%) |
|---|---|
| 1 Day Returns | 1.56% |
| 1 Month Returns | -9.62% |
| 1 Year Returns | 14.05% |
| 3 Year Returns | 181.07% |
| 5 Year Returns | -53.64% |
Rane (Madras) Ltd(RML) share price is ₹406.50 and its price to earning (PE) is 36.32. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.