718.8500 -7.65 (-1.05%)
NSE Apr 24, 2025 14:12 PM
Volume: 8,755
 

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Rane (Madras) Ltd.
03 Feb 2017
718.85
-1.05%
Way2Wealth
Notes to investor : RML management has shown exemplary management quality which is reflected in its sound corporate governance practices, prudent capital allocation and ~35% dividend payout ratio. We also like the RML's business quality and expect it to strengthen over the medium to long term. Since the stock is not very liquid and thinly traded, we advise investors to keep accumulating the stock around the current market price (in a range of 5-10%) with medium-to-long term investment perspective. We believe, the stock has many qualities reminiscent of a steady compounder for its investors and stakeholders. Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739 No. 14, Frontline Granduer, Walton Road, Bangalore-560001; Website: www.way2wealth.com Email: research@way2wealth.com...
Rane (Madras) Ltd. is trading below its 100 day SMA of 748.3
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