Sector: Auto ancillary /Small-Cap | Earnings Update 4QFY19 Background: Rane Holding Limited (RHL) is holding company of Rane Group. Founded in 1929; Headquartered in Chennai, India. It has strategic investments in four subsidiary companies, three joint venture companies and one associate company. The company serves a variety of industry segments: Passenger vehicles, Commercial vehicles, Farm tractors, and two wheelers, Three Wheelers, Railways and Stationary Engines. It manufactures Steering and Suspension system, Friction materials, Val ve train components, Occupant safety system and Die-casting products. The company also has presence in the other critical and safety components, like Engine Valves,...