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Rane Holdings Limited

RANEHOLDIN | NSE

1,936.70

INR

-22.20

-1.13%

RANEHOLDIN | NSE

About Rane Holdings Limited

Sector

Consumer Cyclical

Industry

Auto Parts

Earnings date

31/03/2024

As of date

18/10/2024

Close

1,936.70

Open

1,983.90

High

1,983.90

Low

1,905.15

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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RANEHOLDIN | NSE

Risk
32.4
Sharpe
1.39
Luna's Score
40/100
Recommendation
Sell

Luna says (RANEHOLDIN | NSE)

What's Working

Strong Sharpe Ratio (> 1.2)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

41.8%

1 month

32.4%

3 months

46.2%

6 months

55.5%

Returns

Fundamental Ratios

PE

22.52

Fwd. PE

-

Price to book

3.09

Debt to equity

0.94

Debt to assets

0.32

Ent. to EBITDA

12.23

Ent. to rev.

1.06

PEG

-

Other Fundamentals

EBITDA

3.46B

MarketCap

27.90B

MarketCap(USD)

336.20M

Div. yield

1.28

Op. margin

4.78

Erngs. growth

2.80

Rev. growth

-7.10

Ret. on equity

13.48

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

210.70

Range1M

333.90

Range3M

956.30

Volumes: Market Activity

Rel. volume

0.30

Price X volume

13.96M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA12.2318.62Cheaper
Ent. to Revenue1.062.80Cheaper
PE Ratio22.5240.78Cheaper
Price to Book3.095.81Cheaper
Dividend Yield1.280.80Leader
Std. Deviation (3M)46.2340.15Par
Debt to Equity0.940.30Expensive
Debt to Assets0.320.22Expensive
Market Cap27.90B155.75BEmerging
  • 1

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