Rane Engine Valve Ltd. - (Amalgamated)

Rane Engine Valve Limited manufactures and markets essential auto components for the transportation industry, specializing in engine valves, valve guides, and tappets. As part of the Rane Group, its business objective is to consistently enhance shareholder value within a framework of fairness and transparency. The company operates as a good corporate citizen by fully abiding by the laws and regulations of the land, in both letter and spirit. Its products serve a diverse range of applications including passenger cars, commercial vehicles, farm tractors, stationary engines, and also railway and marine engines. Strategically, the company is expanding its focus on products for electric vehicles and is also developing advanced valves for fuel-agnostic engines. Highlighting a significant financial turnaround, the company reported a net profit of ₹11.46 crores for the year, recovering from a loss of ₹0.06 crores previously.;