RBL

Rane Brake Lining Share Price

₹958.50 -2.45 (-0.25%)

22 Dec, 2024 22:22

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Performance

  • Low
  • ₹952
  • High
  • ₹980
  • 52 Week Low
  • ₹643
  • 52 Week High
  • ₹1,370
  • Open Price₹970
  • Previous Close₹961
  • Volume6,762

Investment Returns

  • Over 1 Month + 7.47%
  • Over 3 Month -19.5%
  • Over 6 Month -0.15%
  • Over 1 Year + 15.2%
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Rane Brake Lining Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 16.3
  • PEG Ratio
  • 0.6
  • Market Cap Cr
  • 741
  • P/B Ratio
  • 2.6
  • Average True Range
  • 51.54
  • EPS
  • 59.9
  • Dividend Yield
  • 3.1
  • MACD Signal
  • -0.16
  • RSI
  • 43.45
  • MFI
  • 58.17

Rane Brake Lining Financials

Rane Brake Lining Technicals

EMA & SMA

Current Price
₹958.50
-2.45 (-0.25%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹985.12
  • 50 Day
  • ₹1,006.57
  • 100 Day
  • ₹1,017.74
  • 200 Day
  • ₹983.17

Resistance and Support

963.35 Pivot Speed
  • R3 1,003.60
  • R2 991.80
  • R1 975.15
  • S1 946.70
  • S2 934.90
  • S3 918.25

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Rane Brake Lining Ltd manufactures friction materials, including brake linings, disc pads, and clutch facings. Serving the automotive and rail industries, the company provides high-performance, reliable products for safety-critical applications across domestic and international markets.

Rane Brake Linings has an operating revenue of Rs. 684.03 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 8% is okay, ROE of 14% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 70 which is a FAIR score but needs to improve its earnings, a RS Rating of 34 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 130 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Rane Brake Lining Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-25 Quarterly Results
2024-07-22 Quarterly Results
2024-05-03 Audited Results & Dividend
2024-01-30 Quarterly Results
2023-11-02 Quarterly Results
Date Purpose Remarks
2024-07-15 FINAL Rs.30.00 per share(300%)Final Dividend
2023-07-17 FINAL Rs.25.00 per share(250%)Dividend
2022-06-21 FINAL Rs.20.00 per share(200%)Dividend
2021-07-19 FINAL Rs.25.00 per share(250%)Final Dividend

Rane Brake Lining F&O

Rane Brake Lining Shareholding Pattern

70.93%
3.23%
0.13%
0.01%
23.29%
2.41%

About Rane Brake Lining

Established in 1964, Rane Brake Lining Ltd. (RBL) was a prominent manufacturer of brake linings and friction materials in India. They catered to a wide range of vehicles, from two-wheelers and cars to commercial vehicles and industrial applications. RBL was known for its commitment to quality, safety, and innovation in the brake lining industry.

A Legacy of Safety - RBL

RBL played a crucial role in ensuring road safety in India. Their brake linings were known for their reliability, durability, and effectiveness in stopping power. The company actively participated in research and development to create innovative brake lining materials that met the evolving needs of the automotive industry.

Strategic Merger: Rane Madras Ltd.

In 2023, RBL merged with Rane Engine Valve Ltd. (REVL) to form a larger entity named Rane Madras Ltd. (RML). This strategic merger aimed to simplify the group structure, leverage stronger business connections, and enhance operational and financial efficiencies.

Looking Ahead: Continued Innovation Under Rane Madras

While RBL no longer operates as a separate entity, its legacy of providing high-quality brake linings lives on under the umbrella of Rane Madras Ltd. RML is well-positioned to continue RBL's commitment to innovation and safety in the brake lining industry.
 

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  • NSE Symbol
  • RBL
  • BSE Symbol
  • 532987
  • ISIN
  • INE244J01017

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Rane Brake Lining FAQs

Rane Brake Lining share price is ₹958 As on 22 December, 2024 | 22:08

The Market Cap of Rane Brake Lining is ₹740.9 Cr As on 22 December, 2024 | 22:08

The P/E ratio of Rane Brake Lining is 16.3 As on 22 December, 2024 | 22:08

The PB ratio of Rane Brake Lining is 2.6 As on 22 December, 2024 | 22:08

Since Rane Brake Lining Ltd is publicly listed, you can invest by opening a demat account with a brokerage firm and buying shares on the relevant stock exchange (NSE or BSE).

Several factors can influence Rane Brake Lining Ltd's share price, including:
● The company's financial performance, profitability, and future prospects.
● The overall health of the automotive industry.
● Government policies and regulations impacting the industry.
● News and ratings related to Rane Brake Lining Ltd, including analyst opinions and investor sentiment.

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Q2FY23