276.00
297.85
275.00
666.00
40.00
809.40
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Current Price
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Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
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 5,962,000 Nos to 48,409,000 Nos, Guides by 2,088,000 Nos to 12,900,000 Nos and Tappets by 170,000 Nos to 1,940,000 Nos.
Rane Engine Valve share price as on 17 Feb 2025 is Rs. 292.65. Over the past 6 months, the Rane Engine Valve share price has decreased by 30.92% and in the last one year, it has decreased by 24.69%. The 52-week low for Rane Engine Valve share price was Rs. 275 and 52-week high was Rs. 666.
532988
RANEENGINE
INE222J01013
Jul
You can buy Rane Engine Valve Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rane Engine Valve Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 17, 2025 03:40 PM the closing price of Rane Engine Valve Ltd was Rs.292.65.
The latest PE ratio of Rane Engine Valve Ltd as of Feb 17, 2025 03:40 PM is 87.71
The latest PB ratio of Rane Engine Valve Ltd as of Feb 17, 2025 03:40 PM is 0.61
The 52-week high of Rane Engine Valve Ltd share price is Rs. 666.00 while the 52-week low is Rs. 275.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Feb 17, 2025 03:40 PM, the market cap of Rane Engine Valve Ltd stood at Rs. 211.70 Cr.
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