Rane (Madras) Ltd Achieves Eighth Consecutive Day of Gains Amid Market Decline

May 15 2025 10:05 AM IST
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Rane (Madras) Ltd, a small-cap auto ancillary company, has experienced notable gains, marking its eighth consecutive day of increases. The stock has significantly outperformed its sector and has shown impressive returns over various time frames, including a substantial rise over the past five years.
Rane (Madras) Ltd, a small-cap player in the auto ancillary sector, has shown significant activity today, gaining 7.93% on May 15, 2025. The stock has outperformed its sector by 5.56%, marking its eighth consecutive day of gains, during which it has accumulated a total return of 16.77%. The stock reached an intraday high of Rs 846, reflecting an increase of 8.36% during the trading session.

In terms of moving averages, Rane (Madras) is currently positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. This performance comes amid a broader market context where the Sensex has experienced a decline of 0.48% after a flat opening, falling by 412.58 points to 80,941.85.

Over various time frames, Rane (Madras) has demonstrated robust performance metrics, including a 30.80% increase over the past three months and a remarkable 322.50% rise over the last five years, significantly outpacing the Sensex's performance in the same periods.
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