ALSO READRane Holdings provides update on divestment of stake in SasMos Rane Holdings fixes record date for dividend Rane Holdings standalone net profit rises 131.82% in the March 2017 quarter Rane Holdings consolidated net profit rises 98.90% in the March 2017 quarter Board of Rane Holdings recommends final dividend
On the BSE, 6,675 shares were traded on the counter so far as against the average daily volumes of 4,854 shares in the past two weeks. The stock had hit a high of Rs 1,793.95 so far during the day, which is also its record high. The stock hit a low of Rs 1,640 so far during the day. The stock had hit a 52-week low of Rs 575 on 20 June 2016.
Shares of Rane Holdings surged 57% in twelve trading sessions to its current ruling price of Rs 1,763.35, from a close of Rs 1,123.10 on 30 May 2017.
Rane Holdings' consolidated net profit spurted 98.9% to Rs 43.56 crore on 23.6% increase in total income to Rs 859.35 crore in Q4 March 2017 over Q4 March 2016.
Rane Holdings is the holding company of the Chennai-based Rane Group, an acknowledged leader in the manufacture of auto components.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)