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Rane Holdings locks in 20% upper circuit on acquiring major stake in JV Co

Business Standard LogoBusiness Standard2d ago

Rane Holdings locks in 20% upper circuit on acquiring major stake in JV Co - Business Standard

Quick Summary:

Shares of Rane Holding locked in 20 per cent upper circuit, hitting its 52-week high at Rs 1605.

Rane Holdings is primarily engaged in the manufacturing and marketing of components and providing technological services for the transportation industry mainly the automotive sector.

Total revenue for Q4FY24 was Rs 874.4 crore, a decline of nearly 8 per cent compared to Rs 948 crore in Q4FY23.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 14:32:48 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21439240

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 254 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Rane Holdings locks in 20% upper circuit on acquiring major stake in JV Co" was covered 2 days ago by Business Standard, a news publisher based in India.

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  • URL: https://beamstart.com/news/rane-holdings-locks-in-20-17198256537680

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