BRIEF-India’s Rane Brake Linings Dec-Qtr Profit Rises

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s Rane Brake Linings Sept Quarter Profit Rises - Investing.com India

Rane Brake Lining Ltd., a leading manufacturer of brake linings, disc pads and clutch facings, reported a net loss of about ₹6.9 crore during the first quarter ended June 2020 due to a truncated perio

Rane Brake Linings reports loss in Q1 on COVID-19-led lockdown

BRIEF-India’s Rane Brake Linings Posts June-Qtr Loss - Investing.com India

BRIEF-Rane Brake Linings Recommended Final Dividend Of 11 Rupees Per Share - Investing.com India

Read BRIEF-India's Rane Brake Linings Dec Quarter Profit Falls By Reuters

BRIEF-India's Rane Brake Linings Dec Quarter Profit Falls - Investing.com India


EBITDA (earnings before interest, tax, depreciation and amortisation), however, fell 22.7 percent year-on-year to Rs 17 crore and margin contracted by 550 basis points to 12 percent for the quarter ended March 2018.

Rane Brake Linings drops 12% on disappointing operational performance in Q4

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Rane Brake Linings Limited manufactures and markets auto components for transportation industry.