Rane Engine Valve Limited
Share Price Target & Analysis
NSE:RANEENGINE
VWAP
Open
Close
High
Low
52 Week High
-5.90 (-1.52%)
RANEENGINE
(AUTOMOBILE)Turnaround Potential
52 Week Low
EPS
PE
PB
Standard
Quality
Bronze
Valuation
#Analysis
NSE: RANEENGINE Share Price Financial Analysis & Valuation
Rane Engine Valve Limited (RANEENGINE) is broadly categorized in AUTOMOBILE segment industry which deals in Auto Ancillaries vertical.
It is one of Micro Cap company with Market Capitalization of Rs 185.7 (in Cr). Total number of free float shares are 0.7 (in Lacs).
Rane Engine Valve Limited is listed on NSE with Exchange ID - INE222J01013 and trading code is NSE:RANEENGINE with short name Rane Engine.
In the past 1 year, Rane Engine Valve Limited has declared an equity dividend of Rs 0 per share. At the current share price of RANEENGINE at Rs 382.00, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:RANEENGINE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RANEENGINE underlying value and future prospects. All of this data is available in RANEENGINE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:RANEENGINE, it is clearly understood that RANEENGINE is Standard performer in terms of earnings and profit margins with an EPS of 22.61. NSE:RANEENGINE book value per share as of today is 167. The current price to book ratio for RANEENGINE as of Nov 23, 2024 is 2.29.
Valuation of the Stock: The current valuation of RANEENGINE stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RANEENGINE whether to BUY this stock at current valuation. The delivery percentage of RANEENGINE is 48.02% is very crucial parameter which shows that 48.02% investors are anticipating that the price of RANEENGINE share should go up with VWAP at 383.43.
Now, the main question is whether to BUY or SELL, NSE:RANEENGINE at current valuation.
As per latest Analysis No. #635:-
⇑ STRONG BUY RANEENGINE if All Greens
⇗ BUY RANEENGINE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD RANEENGINE (With Stop Loss) if only 1 Green
⇘ SELL RANEENGINE if NO Green Indicator
NSE: RANEENGINE Share Price Today (Nov 23, 2024)
(Rane Engine Valve Limited Daily Analysis on the basis of RANEENGINE Intraday Graph & Trend)
Rane Engine Valve Limited share price moved Down by -1.52% from its previous close of Rs 387.9. RANEENGINE stock last traded price is 382.00. RANEENGINE share price trend is Down with a total of 5338 stocks traded till now. It has touched an intraday high of Rs 399 and an intraday low of Rs 376. The RANEENGINE trading at 382.00, Down by Rs. -5.90, or -1.52 percent which suggests that most of the Traders are anticipating that the price of RANEENGINE share should go Down.
NSE: RANEENGINE Share Price Tomorrow Prediction
(Rane Engine Valve Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RANEENGINE)
Rane Engine Valve Limited share price moved Down by -1.52%. RANEENGINE share price short term trend is Down. It suggests that RANEENGINE Share Price for Tomorrow remains the same with VWAP at 383.43 will be treated as stop loss for intraday traders. Rane Engine Valve Limited Long term investors can follow the RANEENGINE long term trend as mentiond in future forecast table.
NSE Code |
NSE: RANEENGINE |
RANEENGINE Share Price Today |
382.00 |
RANEENGINE Share Price Target Prediction for 2024 ^ |
312.8 - 512.6 |
RANEENGINE Share Price Target Prediction for 2025*^ |
512.6 - 713 |
RANEENGINE Share Price Target Prediction for 2026*^ |
713 - 762.9 |
RANEENGINE Share Price Target Prediction for 2027*^ |
801 |
RANEENGINE Share Price Target Prediction for 2028*^ |
824 |
RANEENGINE Share Price Target Prediction for 2030*^ |
898 |
RANEENGINE Current Book Value 2023 |
166.2 |
*Rane Engine Valve Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RANEENGINE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
RANEENGINE Technical Analysis
Candlestick Pattern: @383.85MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 403.08 | SELL | 400.43 | SELL |
MA_12 | 417.09 | SELL | 417.7 | SELL |
MA_20 | 430.06 | SELL | 428.77 | SELL |
MA_32 | 450.84 | SELL | 444.55 | SELL |
MA_50 | 477.13 | SELL | 452.71 | SELL |
MA_100 | 464.58 | SELL | 451.51 | SELL |
MA_200 | 415.95 | SELL | 420.24 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 430.06 | Downtrend |
MACD | -2.61 | SELL |
ADX | 25.27 | Strong Trend |
DMI (+/-) | 13.65 / 32.3 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 28.92 | Oversold |
STOCHASTIC_K (Fast) | 0.81 | Oversold |
STOCHASTIC_D (Slow) | 4.95 | Oversold |
CCI | -181.32 | SELL |
PSAR | 451.91 | SELL |
TRUE RANGE | 15.3 | Neutral |
ATR | 20.43 | Neutral |
WILLIAMS R | -95.8 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -80.3 | SELL |
Duration | Value |
---|---|
1 Year | 27.12% |
3 Months | -7.75% |
1 Month | -17.3% |
1 Week | -12.82% |
Action | Overall (%) |
---|---|
BUY | 3% |
NEUTRAL / HOLD | 10% |
SELL | 87% |
Most popular Questions & Answers about RANEENGINE
Rane Engine Valve Limited stock last traded price is 382.00. RANEENGINE share price moved Down by -1.52% from its previous close of Rs 387.9.
Rane Engine Valve Limited share price trend is Down with a total of 5338 stocks traded till now. It has touched an intraday high of Rs 672.66 and an intraday low of Rs 376. The RANEENGINE trading at 382.00, Down by Rs. -5.90, or -1.52 percent which suggests that most of the Traders are anticipating that the price of RANEENGINE share should go Down and the Stop Loss will be around 383.43.
The market cap of Rane Engine Valve Limited is ₹185.7 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Rane Engine Valve Limited as of Nov 22, 2024 is 36.28.
The current price to book ratio for Rane Engine Valve Limited as of Nov 22, 2024 is 2.29.
The highest price of Rane Engine Valve Limited stock is ₹666 in the last 52-week.
The lowest price of Rane Engine Valve Limited stock is ₹298.4 in the last 52-week.
Rane Engine Valve Limited share trading at ₹382.00, Down by Rs. -5.90, or -1.52 percent which suggests that most of the traders are anticipating that the price of RANEENGINE share should go Down.
In 2023, Stock price target for Rane Engine Valve Limited (RANEENGINE) are ₹312.8 on downside and ₹512.6 on upside. Rane Engine Valve Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Rane Engine Valve Limited (RANEENGINE) are ₹512.6 on downside and ₹713 on upside. Rane Engine Valve Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Rane Engine Valve Limited (RANEENGINE) are ₹713 on downside and ₹762.9 on upside. Rane Engine Valve Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Rane Engine Valve Limited (RANEENGINE) will be around ₹824 Rane Engine Valve Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RANEENGINE.
The price of Rane Engine Valve Limited (RANEENGINE) shares moved by -1.52%. The short-term trend for RANEENGINE share price is Down. It implies that the share price of RANEENGINE will stay the same tomorrow and that intraday traders should treat VWAP at 383.43 as a stop loss. Investors with a long-term outlook can track RANEENGINE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of RANEENGINE stock is 271.1. Compared to the current market price of 382.00 INR, the RANEENGINE stock is Overvalued by 29%.
As per the fundamental analysis of Rane Engine Valve Limited (RANEENGINE), it is of Standard quality in terms of earnings and profit margins with an EPS of 22.61. Rane Engine Valve Limited book value per share as of today is 167. The current price to book ratio for RANEENGINE as of Nov 23, 2024 is 2.29.
NSE:RANEENGINE News & Other Useful Information about RANEENGINE Share Price
Peer Comparison of NSE: RANEENGINE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Auto Ancillaries
Company | Price | EPS | BV |
---|---|---|---|
MSUMI | 61.84 | 1.49 | 3.79 |
TATAMTRDVR | 768.65 | 199.73 | 0 |
BOSCHLTD | 34350.00 | 706.59 | 4090.1 |
TIINDIA | 3474.40 | 37.62 | 205.28 |
SHIGAN | 118.00 | 0 | 36.61 |
EXIDEIND | 424.05 | 12.96 | 154.56 |
AMARAJABAT | 1417.65 | 44.23 | 369.82 |
SUNCLAYLTD | 11622.05 | 125.07 | 716.47 |
JBMA | 1418.65 | 8.05 | 88.36 |
SUPRAJIT | 450.40 | 19.04 | 94.07 |