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Why is RML down 4.12%?
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RML:NSE
Rane (Madras) Ltd
₹1,337.00
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-4.12%(-57.40) 1D
Oct 7, 3:30:00 PM GMT+5:30 · INR
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| Symbol | Price | Change | % Change |
|---|
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Open
₹1,380.00
High
₹1,392.00
Low
₹1,330.00
Mkt. cap
35.38B
Avg. vol.
161.75K
Volume
54.93K
Dividend
1.20%
Quarterly dividend
₹4.00
Ex-dividend date
Jul 29, 2026
P/E ratio
31.04
52-wk high
₹1,440.00
52-wk low
₹608.50
EPS
₹43.07
Shares outstanding
11.61M
No. of employees
3K
Open
₹1,380.00
High
₹1,392.00
Low
₹1,330.00
Mkt. cap
35.38B
Avg. vol.
161.75K
Volume
54.93K
Dividend
1.20%
Quarterly dividend
₹4.00
Ex-dividend date
Jul 29, 2026
P/E ratio
31.04
52-wk high
₹1,440.00
52-wk low
₹608.50
EPS
₹43.07
Shares outstanding
11.61M
No. of employees
3K
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Profile
Rane (Madras) Ltd is a part of the Rane group of companies involved in the manufacture and distribution of steering and suspension systems. The main components manufactured by the company include Manual Steering Gear Products and Suspension & Steering Linkage Products. The other products include tie rod assemblies, drag link assemblies, center link assemblies and gear shift ball joints. Automobile companies that use its products include Ashok Leyland, Volvo, M&M, Tafe, Tata among many others. Tata motors remains its major customer and is the primary parts manufacturer for Tata's Nano. The company has also set up a dedicated plant for Tata Nano in Sanand, Gujarat. The company was forced to change its manufacturing facility from West Bengal to Gujarat after Tata moved out. Wikipedia
About Rane (Madras) Ltd
CEO-
Employees2.63K
Founded1929
HeadquartersChennai, Tamil Nadu, India
SectorAuto Parts
Websiteranegroup.com