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Rane (Madras)

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Fundamentals

Market Cap₹522Cr
P/E RatioNA
P/B Ratio2.87
Industry P/E46.69
ROE-33.43%
EPS(TTM)-41.99
Dividend Yield2.28%
Book Value124.89
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Financials

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About Company

Rane (Madras) Limited is a manufacturer of steering and suspension linkages products (SSLP), steering gear products (SGP) and other articles of aluminum die casting products. The Company provides components for transportation industry. The Company operates through two divisions: steering and linkages division and die casting division. The Company's steering and linkages division manufactures manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. The Company's die casting division manufactures machined steering housings and machined engine components. The Company offers its services to a range of automobile sectors, such as passenger vehicles, light commercial vehicles, medium and heavy commercial vehicles, and farm tractors. The Company is a supplier to manufacturers of passenger cars, utility vehicles and farm tractors across the globe.
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Parent OrganisationRane (Madras) Limited
Founded2004
Managing DirectorNA
NSE SymbolRML

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