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Rane Share Price Target 2024, 2025, 2026 to 2039 With Charts
Rane | |||
 | Symbol: RML | ||
| Price: ₹809 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Rane Brief Company Overview
- 1.1: Company Overview: Rane (Madras) Limited
- 1.2: Rane Financial Performance
- 1.2.1: Is Rane A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Rane Share Price Target For 2024
- 2.1.1: Rane Share Price Target Table For 2024
- 2.1.2: Summary: Rane Share Price Prediction For 2024
- 2.2: Rane Share Price Target For 2025
- 2.2.1: Rane Share Price Target Table For 2025
- 2.2.2: Summary: Rane Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Rane Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Rane Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Rane Past Performance
Rane Brief Company Overview
Company Overview: Rane (Madras) Limited
Rane (Madras) Limited, a subsidiary of Rane Holdings Limited, is a prominent player in the automotive industry, serving as a leading manufacturer and vendor of auto components in India.
Established in 1960 and headquartered in Chennai, the company has earned a solid reputation for its commitment to quality and innovation.
Rane (Madras) Limited offers a diverse range of products, including:
- Steering and suspension linkage products
- Steering gears
- High-precision aluminum die castings
The company's robust product portfolio caters to various sectors within the transportation industry, including passenger cars, utility vehicles, and farm tractors.
Rane (Madras) Limited has successfully established a strong market presence, both domestically and internationally. Its commitment to excellence and customer satisfaction has positioned it as a trusted partner among automotive manufacturers and customers.
Rane Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,358.22 Crore | Market valuation of Rane's shares. |
| Revenue (TTM) | 2,243.52 Crore | Total revenue generated by Rane over the past twelve months. |
| Net Income (TTM) | +3.02 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 0.74% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 0.13% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -16.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -12.36% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 284.58 | Company's total debt divided by total shareholder equity. |
| Total Debt | 728.41 Crore | Sum of Rane's current & long-term financial obligations. |
| Total Cash | 23.61 Crore | Total amount of liquid funds available to Rane. |
Is Rane A Good Buy For Long Term?
Rane's financial performance shows mixed signals. While its revenue increased 2.39% in the past 6 months and 82.36% in the past 12 months, its net income declined 12.36% in the last quarter compared to the same quarter last year. Additionally, the company's profit margin is a mere 0.13%. This, coupled with its high debt of 728.41 Crore, suggests that Rane may not be a suitable long-term investment at this time.
To predict the Rane's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Rane Share Price Target For 2024
The line chart displays the monthly closing prices of Rane with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Rane shares in 2024, see the table below.
Rane Share Price Target Table For 2024
| Rane's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 817.21 (+1.01%) | Fibonacci Extension Level 171.8% |
| 2024 Target 2 | 808.13 (-0.11%) | Custom Fibonacci Extension Lvl 82% |
| 2024 Target 1 | 797.18 (-1.47%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 809.00 | Rane's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 791.09 (-2.22%) | Price Action: 19 Nov 2024 Low |
| Stop Loss 2 | 783.05 (-3.21%) | Price Action: Nov 2023 Low |
| Stop Loss 3 | 773.41 (-4.4%) | Fibonacci Retracement Extended 61.8% |
Summary: Rane Share Price Prediction For 2024
In summary, Rane has declined by ₹-9.65, recording a notable -1.18% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Rane for 2024 predicts an additional rise of -1.47% to 1.01% by the end of 2024 with three potential targets T1: 797.18, T2: 808.13, T3: 817.21. Stop Loss at SL1: 791.09, SL2: 783.05, SL3: 773.41.
Rane has a 52-week high of ₹1529.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹631.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Rane.
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Rane Share Price Target For 2025
The line chart displays the monthly closing prices of Rane with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Rane shares in 2025, see the table below.
Rane Share Price Target Table For 2025
| Rane's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1249.34 (+54.43%) | Price Action: Chart |
| 2025 Target 2 | 1226.05 (+51.55%) | Price Action: Chart |
| 2025 Target 1 | 1213.91 (+50.05%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 809.00 | Rane's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 681.00 (-15.83%) | Price Action: Aug 2023 High |
| Stop Loss 2 | 674.19 (-16.67%) | Price Action: Chart |
| Stop Loss 3 | 662.05 (-18.17%) | Price Action: Chart |
Summary: Rane Share Price Prediction For 2025
In summary, Rane has declined by ₹-9.65, recording a notable -1.18% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Rane for 2025 predicts an additional rise of 50.05% to 54.43% by the end of 2025 with three potential targets T1: 1213.91, T2: 1226.05, T3: 1249.34. Stop Loss at SL1: 681.00, SL2: 674.19, SL3: 662.05.
Rane has a All-Time high of ₹1529.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹631.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Rane, we have created a specific page for that check here: Rane Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Rane Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Rane share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 6.83% over the next 15 years.
For complete year by year Rane long term share price target from 2024, 2025 to 2039 check the below table.
Rane Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Rane Target | YoY Change % |
|---|---|---|
| 2024 | ₹809 | [Current Price] |
| 2024 | ₹941.66 | 16.39% |
| 2025 | ₹1,073.74 | 14.02% |
| 2026 | ₹1,157.56 | 7.8% |
| 2027 | ₹1,259.76 | 8.82% |
| 2028 | ₹1,195.46 | -5.11% |
| 2029 | ₹1,373.07 | 14.85% |
| 2030 | ₹1,524.37 | 11.01% |
| 2031 | ₹1,605.76 | 5.33% |
| 2032 | ₹1,712.46 | 6.64% |
| 2033 | ₹1,596.25 | -6.79% |
| 2034 | ₹1,804.49 | 13.04% |
| 2035 | ₹1,975.01 | 9.44% |
| 2036 | ₹2,053.94 | 3.99% |
| 2037 | ₹2,165.17 | 5.41% |
| 2038 | ₹1,997.04 | -7.77% |
| 2039 | ₹2,376.07 | 18.97% |
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Rane Past Performance
- In 2005, Rane opening price was ₹110
- As of Fri 22 Nov 2024 the price stands at ₹809.
- This represents a Compound Annual Growth Rate (CAGR) of 10.49%.
- In 19 years, an investment of 10,000 would have become ₹73,545.45.
As we wrap up, we hope you like our study on Rane share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
