52w high/low | ₹386.4 / ₹245 |
P/E ratio | 20.16 |
Dividend | 1.1 |
ROE | 15.52 |
ROCE | 14.26 |
Face value | 10 |
Book value | ₹171.93Cr |
Market capital | ₹329.82Cr |
What is shareholding pattern? Who are shareholders?
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What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
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.