Rane Madras
906.60
-12.25(-1.33%)
Market Cap₹2,539.40 Cr
PE Ratio57.08
IndustryAutomobiles
Company Performance:
1D-1.33%
1M-0.92%
6M+1.45%
1Y+0.15%
5Y+305.37%
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Latest news about Rane Madras
Rane Madras to Sell 3.48 Acres of Land in Velachery for Rs. 361.18 Crores 4 days ago
Rane Madras, an automotive components manufacturer, has sold 3.48 acres of land in Velachery, Tamil Nadu, for Rs. 361.18 crores. This strategic move to monetize non-core assets will result in a significant cash inflow for the company. While specific plans for the funds have not been disclosed, the transaction could provide Rane Madras with increased financial flexibility for potential debt reduction, capital expenditure, or overall financial strengthening.
Rane (Madras) Authorizes Land Transfer to Joint Venture Canopy Living LLP Jun 17, 2025
RANE (MADRAS) Reports 40% Decline in Q4 Net Profit May 27, 2025