Rane Engine Valve standalone net profit rises 37.36% in the June 2024 quarter

Net profit included exceptional expenditure of ₹1.13 crore towards estimated product liability costs

Rane Engine Valve turns in net profit of ₹1.7 crore in Q1

Rane Engine Valve Ltd has reported a net profit of ₹4.9 crore for the fourth quarter ending March 31, 2023, a significant increase from the net loss of ₹0.01 crore reported in the same period last year. The Indian engine valve manufacturer also saw its revenue increase by 24.7% to ₹136.50 crore ($18…

Rane Engine Valve reports 24.7% rise in Q4 revenue

Rane Engine Valve Ltd has reported a net profit at Rs 4.9 crore for the fourth quarter ending March 31, 2023, the company said on Saturday.

Rane Engine Valve reports 24.7% to Rs 136.50 crore rise in Q4 revenue

Rane Engine Valve Ltd., (REVL) has posted a standalone net profit of ₹4.9 crore for the quarter ended March against a loss of ₹0.01 crore in the year-earlier period on strong sales volume.

Rane Engine Valve turns profitable in Q4

REVL said sales to India OE customers grew by 28 per cent supported by strong off-take from passenger vehicle and commercial vehicle customers

Rane Engine Valve freezes in 20% upper circuit on strong Q4 performance

Sastasundar Ventures Ltd, Transwarranty Finance Ltd, Kavveri Telecom Products Ltd and S E Power Ltd are among the other gainers in the BSE’s ‘B’ group today, 02 March 2023.

Rane Engine Valve Ltd leads gainers in ‘B’ group

CHENNAI Rane Holdings Ltd.’s (RHL) shareholding in subsidiary Rane Engine Valve Ltd. (REVL) has incr

Rane Holdings’ stake in Rane Engine Valve goes up

Revenue from operations rose to ₹124 crore from ₹98 crore

Rane Engine Valve Q3 net loss narrows on strong sales volume

Aries Agro Ltd, Rane (Madras) Ltd, Rane Engine Valve Ltd and Hariom Pipe Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 28 December 2022.

BLB Ltd leads gainers in ‘B’ group

Rane Engine Valve Q1 net loss narrows to ₹3.1 crore

Hasn't fared 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 overpriced but is not in the overbought zone

Current price is more 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 Engine Valve Limited manufactures components for internal combustion engine industry applicable for stationary and transportation engine applications.

Rane Engine Valve Ltd