₹ 317.75 -2.75 (-0.86%)
- NSE
- BSE
Overview
- BSE Code 532988
- NSE Symbol RANEENGINE
- ISIN Demat INE222J01013
- Book Value (₹) 171.93
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 230.06
- P/E (TTM) 96.95
- EPS (TTM) 3.28
- Div Yield (%) 1.57
Performance
Corporate Actions
Rane Engine Valve Limited - Suspension of Trading
Apr 16, 2025Members of the Exchange are hereby informed that the trading in equity shares of Rane Engine Valve Limited shall be suspended w.e.f. April 22, 2025 (i.e., closing hours of trading on April 21, 2025) on account of the Scheme of Amalgamation.
Rane Engine Valve Limited - Credit Rating- Revision
Apr 16, 2025Withdrawal of credit rating of Rane Engine Valve Limited pursuant to merger with Rane (Madras) Limited.
About Rane Engine Valve Ltd
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 formally created and deployed as a legal entity on March 9, 1972 with the name Techcons Ltd. The company was formally created and deployed as a legal entity 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 assumed full control of 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 created and deployed 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.
Founded | : 1972 |
Chairman | : Harish Lakshman |
Address | : Maithri, 132 Cathedral Road, Chennai, Tamil Nadu, 600086, |
HO Tel | : 91-44-28112472 |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)