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1 Comment
Rane Holdings Limited is currently in a long term uptrend where the price is trading 12.0% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.5.
Rane Holdings Limited's total revenue rose by 20.0% to $6B since the same quarter in the previous year.
Its net income has increased by 965.4% to $247M since the same quarter in the previous year.
Finally, its free cash flow fell by 36.2% to $560M since the same quarter in the previous year.
Based on the above factors, Rane Holdings Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Consumer Cyclical |
Industry | Auto Parts |
ISIN | INE384A01010 |
PE Ratio | 8.64 |
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Target Price | None |
Dividend Yield | 1.7% |
Market Cap | 19B |
Beta | 0.51 |
Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. The company offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, and hydraulic products; power steering fluid- power cruises, hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and intermediate shafts, electric power steering, solid steering energy absorbing and collapsible, and tilt and telescopic steering columns, as well as universal joint assemblies. It also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, clutch facings, disc pads, commercial vehicle brake pads, railways brake blocks, and sintered brake pads; and occupant safety systems, including seat belts and air bags. In addition, the company offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, gear cases, brake, transmission, and battery housings, engine oil sumps, timing case covers, and luminaries; and aftermarket products. It serves its products to passenger vehicles, commercial vehicles, farm tractors, two-wheelers, railways and stationary engines industries. 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 based in Chennai, India.
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