Rane (Madras) Limited engages in the manufacture and marketing of auto components for transportation industry in India and internationally. It offers steering and suspension systems, linkage products, steering gears, aluminum high pressure die-casting products, brake components, and engine components. The company markets and sells its products to the manufacturers of passenger cars, utility vehicles, and farm tractors. It also exports its products. The company was founded in 1960 and is headquartered in Chennai, India. Rane (Madras) Limited operates as a subsidiary of Rane Holdings Limited.
| Current Price | ₹918.35 |
|---|---|
| Market Cap | ₹2,538 Cr |
| Sector | Consumer Discretionary > Automobiles and Components > Automobile Components |
| Sub-Industry | Automotive Parts and Equipment > Steering and Suspension System Components |
| P/E Ratio | 23.6 |
| Return on Equity | 15.12% |
| 52-Week Range | ₹608.50 – ₹1,049.00 |
| Beta (1Y) | 0.77 |
| Dividend Yield | 1.74% |
1. Manufacture and Supply of Auto Components for Transportation Industry-100%
Rane (Madras) Ltd. is trading at ₹918.35, with a market capitalisation of ₹2,538 Cr.
Rane (Madras) Ltd. operates in the Consumer Discretionary > Automobiles and Components > Automobile Components space (Automotive Parts and Equipment > Steering and Suspension System Components).
Rane (Madras) Ltd. has a P/E of 23.6 and a return on equity of 15.12%.