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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.
Industry | Auto Parts |
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Sector | Consumer Cyclical |
ISIN | INE384A01010 |
CurrencyCode | INR |
Exchange | NSE |
PE Ratio | None |
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Market Cap | 13B |
Beta | 0.84 |
Dividend Yield | 1.3% |
Target Price | None |
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.
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