Rane Holdings Share Price
Start SIP in Rane Holdings
Start SIPRane Holdings Performance
Day Range
- Low 2,145
- High 2,315
52 Week Range
- Low 1,020
- High 2,459
- Open Price2,247
- Previous Close2,226
- Volume81816
Rane Holdings Investment Rating
-
Master Rating:
-
Rane Holdings has an operating revenue of Rs. 3,466.21 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 13% is good. The company has a reasonable debt to equity of 34%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 27% and 69% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 18% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 87 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 64 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 57 | 26 | 26 | 69 | 26 | 25 |
| Operating Expenses Qtr Cr | 13 | 12 | 13 | 14 | 13 | 13 |
| Operating Profit Qtr Cr | 44 | 14 | 13 | 55 | 13 | 12 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 0 | 1 | 1 | 1 | 1 | 1 |
| Tax Qtr Cr | 6 | 2 | 2 | 8 | 2 | 2 |
| Net Profit Qtr Cr | 37 | 11 | 0 | 45 | 6 | 5 |
Rane Holdings Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 11
- Bearish Moving Average
- ___
- 5
- 20 Day
- ₹2,127.82
- 50 Day
- ₹1,897.41
- 100 Day
- ₹1,685.12
- 200 Day
- ₹1,478.62
- 20 Day
- ₹2,119.37
- 50 Day
- ₹1,863.18
- 100 Day
- ₹1,594.02
- 200 Day
- ₹1,393.11
Rane Holdings Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 2,267.60 |
| Second Resistance | 2,376.05 |
| Third Resistance | 2,437.30 |
| RSI | 56.60 |
| MFI | 73.77 |
| MACD Single Line | 147.36 |
| MACD | 141.50 |
| Support | |
|---|---|
| First Support | 2,097.90 |
| Second Support | 2,036.65 |
| Third Supoort | 1,928.20 |
Rane Holdings Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 87,866 | 4,694,680 | 53.43 |
| Week | 55,123 | 2,447,443 | 44.4 |
| 1 Month | 127,435 | 4,164,576 | 32.68 |
| 6 Month | 59,563 | 2,104,369 | 35.33 |
Rane Holdings Result Highlights
Rane Holdings Synopsis
NSE-Auto/Truck-Original Eqp
Rane Holdings Ltd. is involved in the business activities of Leasing of nonfinancial intangible assets. Company’s Total Operating Revenue is Rs. 146.86 Cr. and Equity Capital is Rs. 14.28 Cr. for the Year ended 31/03/2024. Rane Holdings Ltd. is a Public Limited Listed company incorporated on 03/03/1936 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L35999TN1936PLC002202 and registration number is 002202.| Market Cap | 3,179 |
| Sales | 179 |
| Shares in Float | 0.76 |
| No of funds | 34 |
| Yield | 1.12 |
| Book Value | 5.5 |
| U/D Vol ratio | 2.7 |
| LTDebt / Equity | 8 |
| Alpha | 0.16 |
| Beta | 0.98 |
Rane Holdings Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 46.57% | 46.57% | 46.57% | 46.57% |
| Mutual Funds | 0.47% | 0.4% | 0.51% | 0.48% |
| Insurance Companies | 1.18% | 1.18% | 1.18% | 1.53% |
| Foreign Portfolio Investors | 0.49% | 0.4% | 0.41% | 0.39% |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
| Individual Investors | 38.2% | 38.3% | 38.34% | 37.99% |
| Others | 13.08% | 13.14% | 12.98% | 13.03% |
Rane Holdings Management
| Name | Designation |
|---|---|
| Mr. L Lakshman | Chairman Emeritus |
| Mr. L Ganesh | Chairman & Managing Director |
| Mr. Harish Lakshman | Vice Chairman & Jt Manag. Dir. |
| Dr. Brinda Jagirdar | Director |
| Dr. V Sumantran | Director |
| Mr. Rajeev Gupta | Director |
| Mr. Pradip Kumar Bishnoi | Director |
Rane Holdings Forecast
Price Estimates
Rane Holdings Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-02 | Quarterly Results | |
| 2024-05-15 | Audited Results & Final Dividend | |
| 2024-02-08 | Quarterly Results | (Revised) per share(40%)Interim Dividend |
| 2023-11-09 | Quarterly Results | |
| 2023-08-04 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-07-28 | FINAL | Rs.17.00 per share(170%)Dividend |
| 2022-06-22 | FINAL | Rs.12.00 per share(120%)Dividend |
Rane Holdings FAQs
What is Share Price of Rane Holdings ?
Rane Holdings share price is ₹2,159 As on 18 September, 2024 | 02:32
What is the Market Cap of Rane Holdings ?
The Market Cap of Rane Holdings is ₹3082.8 Cr As on 18 September, 2024 | 02:32
What is the P/E ratio of Rane Holdings ?
The P/E ratio of Rane Holdings is 24.8 As on 18 September, 2024 | 02:32
What is the PB ratio of Rane Holdings ?
The PB ratio of Rane Holdings is 2.6 As on 18 September, 2024 | 02:32