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Rane (Madras) Limited
Share Price Target & Analysis

NSE:RML

808.87

VWAP

794.8

Open

792.75

Close

822.05

High

794.8

Low

1529

52 Week High

805.30 ⇧
12.55 (1.58%)

RML

(AUTOMOBILE)
19.4% Momentum

Turnaround Potential

631

52 Week Low

9.27

EPS

24.06

PE

5.01

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RML Share Price Financial Analysis & Valuation

Rane (Madras) Limited (RML) 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 638.5 (in Cr). Total number of free float shares are 1.2 (in Lacs). Rane (Madras) Limited is listed on NSE with Exchange ID - INE050H01012 and trading code is NSE:RML with short name Rane Madras.

In the past 1 year, Rane (Madras) Limited has declared an equity dividend of Rs 0 per share. At the current share price of RML at Rs 805.30, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:RML, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RML underlying value and future prospects. All of this data is available in RML financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RML, it is clearly understood that RML is Economical performer in terms of earnings and profit margins with an EPS of 9.27. NSE:RML book value per share as of today is 160.66. The current price to book ratio for RML as of Nov 23, 2024 is 5.01.

Valuation of the Stock: The current valuation of RML stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RML whether to BUY this stock at current valuation. The delivery percentage of RML is 54.87% is very crucial parameter which shows that 54.87% investors are anticipating that the price of RML share should go up with VWAP at 808.87.

Now, the main question is whether to BUY or SELL, NSE:RML at current valuation.
As per latest Analysis No. #517:-

⇑ STRONG BUY RML if All Greens

⇗ BUY RML (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD RML (With Stop Loss) if only 1 Green

⇘ SELL RML if NO Green Indicator

NSE: RML Share Price Today (Nov 23, 2024)

(Rane (Madras) Limited Daily Analysis on the basis of RML Intraday Graph & Trend)

Rane (Madras) Limited share price moved Up by 1.58% from its previous close of Rs 792.75. RML stock last traded price is 805.30. RML share price trend is Up with a total of 9450 stocks traded till now. It has touched an intraday high of Rs 822.05 and an intraday low of Rs 794.8. The RML trading at 805.30, Up by Rs. 12.55, or 1.58 percent which suggests that most of the Traders are anticipating that the price of RML share should go Up.

NSE: RML Share Price Tomorrow Prediction

(Rane (Madras) Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RML)

Rane (Madras) Limited share price moved Up by 1.58%. RML share price short term trend is Up. It suggests that RML Share Price for Tomorrow remains the same with VWAP at 808.87 will be treated as stop loss for intraday traders. Rane (Madras) Limited Long term investors can follow the RML long term trend as mentiond in future forecast table.

NSE Code

NSE: RML

RML Share Price Today

 805.30

RML Share Price Target Prediction for 2024 ^

 661.5 - 1148.5

RML Share Price Target Prediction for 2025*^

 1148.5 - 1636.9

RML Share Price Target Prediction for 2026*^

 1636.9 - 1751.5

RML Share Price Target Prediction for 2027*^

 1839

RML Share Price Target Prediction for 2028*^

 1892

RML Share Price Target Prediction for 2030*^

 2062
RML Current Book Value 2023
159.9

*Rane (Madras) Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RML 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.

RML Technical Analysis

Candlestick Pattern: @807.3

RML Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 860.42 SELL 854.6 SELL
MA_12 917.91 SELL 909.08 SELL
MA_20 942.32 SELL 942.66 SELL
MA_32 1014.91 SELL 989.26 SELL
MA_50 1079.6 SELL 1013.36 SELL
MA_100 1048.66 SELL 1012.24 SELL
MA_200 907.87 SELL 937.14 SELL

RML Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 809.36 OverSold
MACD -9.4 SELL
ADX 38.1 Strong Trend
DMI (+/-) 9.23 / 35.11 Downtrend

RML Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 28.22 Oversold
STOCHASTIC_K (Fast) 5.59 Oversold
STOCHASTIC_D (Slow) 3.89 Oversold
CCI -197.45 SELL
PSAR 984.9 SELL
TRUE RANGE 51.2 Neutral
ATR 53.3 Neutral
WILLIAMS R -91.9 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -301.4 SELL

RML Last 1 Year Trend

Duration Value
1 Year 1.62%
3 Months -16.4%
1 Month -27.18%
1 Week -16.02%

RML Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 10%
SELL 87%

Most popular Questions & Answers about RML


Rane (Madras) Limited stock last traded price is 805.30. RML share price moved Up by 1.58% from its previous close of Rs 792.75.

Rane (Madras) Limited share price trend is Up with a total of 9450 stocks traded till now. It has touched an intraday high of Rs 1544.29 and an intraday low of Rs 794.8. The RML trading at 805.30, Up by Rs. 12.55, or 1.58 percent which suggests that most of the Traders are anticipating that the price of RML share should go Up and the Stop Loss will be around 808.87.

The market cap of Rane (Madras) Limited is ₹638.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Rane (Madras) Limited as of Nov 22, 2024 is 24.06.

The current price to book ratio for Rane (Madras) Limited as of Nov 22, 2024 is 5.01.

The highest price of Rane (Madras) Limited stock is ₹1529 in the last 52-week.

The lowest price of Rane (Madras) Limited stock is ₹631 in the last 52-week.

Rane (Madras) Limited share trading at ₹805.30, Up by Rs. 12.55, or 1.58 percent which suggests that most of the traders are anticipating that the price of RML share should go Up.

In 2023, Stock price target for Rane (Madras) Limited (RML) are ₹661.5 on downside and ₹1148.5 on upside. Rane (Madras) Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Rane (Madras) Limited (RML) are ₹1148.5 on downside and ₹1636.9 on upside. Rane (Madras) Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Rane (Madras) Limited (RML) are ₹1636.9 on downside and ₹1751.5 on upside. Rane (Madras) 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 (Madras) Limited (RML) will be around ₹1892 Rane (Madras) Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RML.

The price of Rane (Madras) Limited (RML) shares moved by 1.58%. The short-term trend for RML share price is Up. It implies that the share price of RML will stay the same tomorrow and that intraday traders should treat VWAP at 808.87 as a stop loss. Investors with a long-term outlook can track RML long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of RML stock is 111.1. Compared to the current market price of 805.30 INR, the RML stock is Overvalued by 86.2%.

As per the fundamental analysis of Rane (Madras) Limited (RML), it is of Economical quality in terms of earnings and profit margins with an EPS of 9.27. Rane (Madras) Limited book value per share as of today is 160.66. The current price to book ratio for RML as of Nov 23, 2024 is 5.01.


NSE:RML News & Other Useful Information about RML Share Price


Peer Comparison of NSE: RML

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
Updated at: 22 Nov 2024 15:53

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