Rane Engine Valve Ltd

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NSEBSE

355.05-7.40 (-2.04%)

03:52 PM,28th Feb 2024

356.70-7.45 (-2.05%)

04:01 PM,28th Feb 2024

BSE : 532988

NSE : RANEENGINE

Sector : Auto

ISIN Code : INE222J01013

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Last Updated: Feb 28 2024 | 04:01 PM IST

Market Cap (₹ Cr)

256

Turnover (₹ Cr)

0.02

Volume (Shares)

4641

Face Value

10

52-WK High

505.95

52-WK High Date

19 Jan 2024

52-WK Low

195.00

52-WK Low Date

28 Mar 2023

All Time High

809.40

All Time High Date

15 Sep 2016

All Time Low

40.00

All Time Low Date

16 Mar 2009

Rane Engine Valve Ltd

Rane Engine Valve Ltd manufactures and supplies valves and valve train components for various engine applications in India. The company is engaged in the business of manufacturing and marketing of Valves Valve Guides and Valve Tappets for IC engines and related auto components. The company is having their manufacturing facilities located at Alandur Ponneri and Pudukottai in Tamil Nadu and Medchal and Aziz Nagar in Andhra Pradesh.Rane Engine Valve Ltd was incorporated on March 9 1972 with the name Techcons Ltd. The company was incorporated with the main object to carry on the business of consultancy services within the Rane Group. In March 31 2006 the company transferred their entire undertaking on a going concern basis to Rane Holdings Ltd with effect from April 1 2006. In September 2007 the company amended their Objects and Capital clauses in their Memorandum of Association to facilitate carrying on of manufacturing of inlet and exhaust valves valve guides and valve tappets for I.C. engines. In December 2007 as per the scheme of de-merger merger and amalgamation the he company took over the manufacturing undertaking of erstwhile Rane Engine Valves Ltd (de-merged company) with effect from April 1 2007. In terms of the scheme the name of the company was changed from Techcons Ltd to Rane Engine Valve Ltd with effect from February 6 2008.During the year 2008-09 the company set up two production lines with a capacity of 2.5 million valves per annum on two shifts basis at their new plant near Trichy in the state of Tamilnadu and commenced commercial production. During the year 2009-10 the company commissioned one more one more production line at the Trichy plant with an additional capacity of another 1.25 million valves per year. Thus the company increased the production capacity of Valves by 5962000 Nos to 48409000 Nos Guides by 2088000 Nos to 12900000 Nos and Tappets by 170000 Nos to 1940000 Nos.

Rane Engine Valve Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

256

EPS - TTM (₹) [S]

19.17

P/E Ratio (X) [S]

2.28

Face Value (₹) 10
Latest Dividend (%)25.00
Latest Dividend Date 11 Aug 2017
Dividend Yield (%) -
Book Value Share (₹) [S]155.53
P/B Ratio (₹) [S]2.28
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

353.50

368.85

Week Low/High

348.30

382.00

Month Low/High

348.30

469.00

Year Low/High

195.00

506.00

All time Low/High

42.00

809.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.27%-0.27%-0.44-0.47%
1 Month-17.74%-17.85%2.272.80%
3 Month11.74%11.51%9.2610.36%
6 Month16.97%14.96%11.2413.70%
1 Year76.60%76.82%22.6326.86%
3 Year30.46%29.18%47.2651.08%

Company Info

Company Information

Chairman (Non-Executive) : L Ganesh.

Vice Chairman : Harish Lakshman

Non-Exec. & Independent Dir. : Brinda Jagirdar

Company Sec. & Compli. Officer : Vivekanandaa M

Independent Director : N Ramesh Rajan

Independent Director : Pradip Kumar Bishnoi

Independent Director : Vasudha Sundararaman

Non Executive Director : Vikram Hosangady

Registered Office: Maithri, 132 Cathedral Road,Chennai,Tamil Nadu-600086 Ph: 91-44-28112472

Email:investorservices@ranegroup.com

URL:http://www.ranegroup.com