52w high/low | ₹754 / ₹183 |
P/E ratio | 28.58 |
Dividend | 0.18 |
ROE | 14.94 |
ROCE | 13.58 |
Face value | 10 |
Book value | ₹199.14Cr |
Market capital | ₹916.81Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Promoted by Bharat Gears and PICUP, Raunaq Automotive Components (RAC) manufactures transmission gears and axle shafts for the automobile industry. The company's manufacturing unit is situated at Gajraula in the Moradabad district of Uttar Pradesh. The company started commercial production in 1989. The company manufactures all types of transmission gears for a variety of vehicles including two-wheelers, tractors, cars and jeeps, LCVs and heavy vehicles. It also manufactures axle shafts mainly for heavy vehicles. The company's products are mainly utilised by original equipment manufacturers (OEMs). Its clientele include Majestic Auto, Escorts, HMT, VST Tillers, Greaves and Telco, Ashok Leyland, Mahindra and Mahindra, etc. Since the company started commercial production, it faced many problems due to recession in the automobile industry and the communal riots all over the country.