RML

Rane (Madras) Share Price

₹891.45 -31.85 (-3.45%)

22 Dec, 2024 22:13

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Performance

  • Low
  • ₹881
  • High
  • ₹934
  • 52 Week Low
  • ₹631
  • 52 Week High
  • ₹1,529
  • Open Price₹925
  • Previous Close₹923
  • Volume10,259

Investment Returns

  • Over 1 Month + 12.45%
  • Over 3 Month -24.65%
  • Over 6 Month + 2.8%
  • Over 1 Year + 13.36%
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Rane (Madras) Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 591.8
  • PEG Ratio
  • -6.3
  • Market Cap Cr
  • 1,450
  • P/B Ratio
  • 5.7
  • Average True Range
  • 40.96
  • EPS
  • 2.4
  • Dividend Yield
  • 0
  • MACD Signal
  • -2.1
  • RSI
  • 44.03
  • MFI
  • 77.18

Rane (Madras) Financials

Rane (Madras) Technicals

EMA & SMA

Current Price
₹891.45
-31.85 (-3.45%)
pointer
  • stock-down_img
  • Bullish Moving Average 1
  • stock-up_img
  • Bearish Moving Average 15
  • 20 Day
  • ₹915.27
  • 50 Day
  • ₹944.06
  • 100 Day
  • ₹964.17
  • 200 Day
  • ₹928.91

Resistance and Support

902.05 Pivot Speed
  • R3 976.40
  • R2 955.15
  • R1 923.30
  • S1 870.20
  • S2 848.95
  • S3 817.10

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Rane (Madras) Ltd. manufactures steering and suspension systems, supplying components for passenger cars, commercial vehicles, and off-highway equipment. The company operates in India and serves both domestic and international markets, catering to major automotive OEMs.

Rane (Madras) has an operating revenue of Rs. 2,090.40 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of -5% needs improvement, ROE of 1% is fair but needs improvement. The company has a high debt to equity of 102%, which can be a reason to worry. 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 23 which is a POOR score indicating inconsistency in earnings, a RS Rating of 38 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 gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, 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 (Madras) Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-24 Quarterly Results
2024-07-24 Quarterly Results
2024-05-09 Audited Results
2024-01-25 Quarterly Results
2023-10-30 Quarterly Results

Rane (Madras) F&O

Rane (Madras) Shareholding Pattern

72.65%
0.13%
0.21%
0%
22.11%
4.9%

About Rane (Madras)

  • NSE Symbol
  • RML
  • BSE Symbol
  • 532661
  • ISIN
  • INE050H01012

Similar Stocks to Rane (Madras)

Rane (Madras) FAQs

Rane (Madras) share price is ₹891 As on 22 December, 2024 | 21:59

The Market Cap of Rane (Madras) is ₹1450 Cr As on 22 December, 2024 | 21:59

The P/E ratio of Rane (Madras) is 591.8 As on 22 December, 2024 | 21:59

The PB ratio of Rane (Madras) is 5.7 As on 22 December, 2024 | 21:59

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Q2FY23