Brake Linings, Disk Pads, Clutch Facings, Stocks given Breakout
Updated
Hello everyone, i hope you all will be doing good in your trading and your life as well. I have brought another monopoly stock which has highest market share in brake lining, disk pads, clutch facing, this company works also for Railway Brake Blocks. Stock name is Rane Brake Lining (RBL) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. RBL manufactures friction material products such as Brake linings, Disc pads, Clutch facings, Clutch buttons, Brake Shoes, and Railway brake blocks.
RSI AND MACD IS SHOWING BULLISH CROSSOVER
STOCK HAS TAKEN SUPPORT OF LONG TERM SUPPORT LINE SINCE IT MADE FIRST LOW AFTER DEBUTING IN MARKET.
BREAKOUT GOT SUPPORTED BY GOOD VOLUMENT INCREAMENT ON DAILY, WEEKLY AND MONTHLY CHART.
Market Cap
₹ 775 Cr.
Current Price
₹ 1,003
High / Low
₹ 1,093 / 643
Stock P/E
18.8
Book Value
₹ 364
Dividend Yield
2.49 %
ROCE
20.5 %
ROE
15.2 %
Face Value
₹ 10.0
Industry PE
33.1
Debt
₹ 0.63 Cr.
EPS
₹ 52.1
Promoter holding
70.9 %
Intrinsic Value
₹ 830
Pledged percentage
0.00 %
EVEBITDA
9.95
Change in Prom Hold
0.00 %
Profit Var 5Yrs
2.02 %
Sales growth 5Years
5.16 %
Return over 5years
12.0 %
Debt to equity
0.00
Net profit
₹ 40.3 Cr.
ROE 5Yr
13.8 %
Profit growth
23.1 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
RSI AND MACD IS SHOWING BULLISH CROSSOVER
STOCK HAS TAKEN SUPPORT OF LONG TERM SUPPORT LINE SINCE IT MADE FIRST LOW AFTER DEBUTING IN MARKET.
BREAKOUT GOT SUPPORTED BY GOOD VOLUMENT INCREAMENT ON DAILY, WEEKLY AND MONTHLY CHART.
Market Cap
₹ 775 Cr.
Current Price
₹ 1,003
High / Low
₹ 1,093 / 643
Stock P/E
18.8
Book Value
₹ 364
Dividend Yield
2.49 %
ROCE
20.5 %
ROE
15.2 %
Face Value
₹ 10.0
Industry PE
33.1
Debt
₹ 0.63 Cr.
EPS
₹ 52.1
Promoter holding
70.9 %
Intrinsic Value
₹ 830
Pledged percentage
0.00 %
EVEBITDA
9.95
Change in Prom Hold
0.00 %
Profit Var 5Yrs
2.02 %
Sales growth 5Years
5.16 %
Return over 5years
12.0 %
Debt to equity
0.00
Net profit
₹ 40.3 Cr.
ROE 5Yr
13.8 %
Profit growth
23.1 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Note
Best Entry got triggered
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.