Risk factor
Poor trading liquidity
Profitability factor
Decent price performance
About
Rane (Madras) Limited (RML) is an Indian automotive components producer that operates in both domestic and international markets. Its diverse product portfolio includes steering gears, steering and suspension linkage products, and high-precision aluminum die castings. These essential parts are primarily supplied to manufacturers of passenger vehicles, utility vehicles, and farm tractors. Established in 1960, the company's corporate headquarters are located in Chennai, India. RML functions as a subsidiary of Rane Holdings Limited.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT