Rane (Madras) Ltd Hits 52-Week High, Outperforms Sector with Strong 1-Year Performance
Rane (Madras) Ltd, a smallcap company in the auto ancillary industry, reached a 52-week high of Rs.1101.9 on August 20, 2024. The stock has been on an upward trend for the past two days, rising by 10.17%. It is currently trading above its moving averages, reflecting a positive trend. Experts have given a 'Sell' call for the stock, but the company's strong 1-year performance of 74.03% showcases its potential in the industry.
Rane (Madras) Ltd, a smallcap company in the auto ancillary industry, has recently hit a 52-week high of Rs.1101.9 on August 20, 2024. This comes after the stock has been gaining for the last two days and has risen by 10.17% during this period. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
The company's performance today is in line with the sector, which is a positive sign for investors. Rane (Madras) Ltd has shown a strong 1-year performance of 74.03%, outperforming the Sensex's performance of 24.09% during the same period. This showcases the company's growth and potential in the auto ancillary industry.
However, experts at MarketsMOJO have given a 'Sell' call for Rane (Madras) Ltd's stock. This is based on their analysis and evaluation of the company's financials and market trends. It is important for investors to do their own research and make informed decisions before investing in any stock.
Overall, Rane (Madras) Ltd's recent 52-week high and strong 1-year performance are positive indicators for the company's growth in the auto ancillary industry. However, investors should carefully consider all factors and expert opinions before making any investment decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
