Rane Holdings Limited Share Price and Company Fundamentals



Price
₹633.7
Change
-0.900 (-0.142%)
52 week
552.15 - 782.75

Last traded: Today at 4:42 AM

Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and commercial vehicle and sintered brake pads; and occupant safety systems, including seat belts and air bags. In addition, it offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, luminaries, timing case covers, engine oil sumps, gear cases, brake and transmission housings, and battery housings; telematics solutions; and aftermarket products consisting of chassis and engine parts. Further, the company provides and connected mobility solutions, as well as exports its products. It primarily serves passenger and commercial vehicles, farm tractors, two-wheelers, and railways and stationary engines segments. The company was formerly known as Rane (Madras) Limited and changed its name to Rane Holdings Limited in July 2004. Rane Holdings Limited was founded in 1929 and is headquartered in Chennai, India.

Key Metrics

PE ratio

37.20

PB ratio

1.16

Dividend yield

1.89%

Beta

1.16

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Full time employees95
Websitehttps://www.ranegroup.com
Mailing addressMaithri No.132, Cathedral Road Chennai 600086 India
Phone / Fax91 44 2811 2472 / 91 44 2811 2449

Dividends

Dividend yield

1.89%

Dividend amount

₹12.00

Payout ratio

0.00%

Rane Holdings Limited paid ₹12.00 dividend and the ex-dividend date was 21 June 2022.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RANEHOLDIN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

RANEHOLDIN's forward dividend amount is ₹12 and the forward dividend yield is 1.92%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Rane Holdings Limited.

NameTitleAgeTotal Pay
Mr. Ganesh Lakshminarayan ACA, B.Com., MBAChairman & MD67
Mr. Harish Lakshman B.E, M.S.MVice Chairman & Joint MD47
Mr. M. A. P. Sridhar KumarChief Financial Officer53
Mr. Siva ChandrasekaranExec. VP of Secretarial & Legal, Compliance Officer and Sec.57
Mr. R. VenkatanarayananPres of Corp. Services59
Mr. S. VaradharajanExec. VP of Information Systems52
Dr. P. A. PadmanabhanGroup CFO & Pres of Fin.55
Mr. V. RamasubramanianGen. Mang. of Human Resource45
Mr. N. HaribabuExec. VP of Bus. Excellence and L&D64
Mr. S. ParthasarathyChief Exec. Officer of Rane Madras Ltd and Pres of Rane Madras Ltd62

Profitability and management effectiveness

Profit margin

0.90%

Operating margin

1.53%

Return on assets

1.07%

Return on equity

3.52%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Rane Holdings Limited is and its enterprise value is .

The RANEHOLDIN's stocks Beta value is 1.16 making it 16% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Rane Holdings Limited (NSE:RANEHOLDIN) Frequently Asked Questions

1. What is Rane Holdings Limited's Stock Symbol?

Rane Holdings Limited trades on NSE under the ticker symbol "RANEHOLDIN".

2. What is Rane Holdings Limited's stock price today?

One share of RANEHOLDIN stock can currently be purchased for approximately ₹633.7.

3. How can I contact Rane Holdings Limited?

Rane Holdings Limited's mailing address is Maithri No.132, Cathedral Road Chennai 600086 India. The company can be reached via phone at 91 44 2811 2472.

4. What is Rane Holdings Limited's official website?

The official website of Rane Holdings Limited is https://www.ranegroup.com.