Rane (Madras) Ltd. started with the inception of manufacturing facilities in the year 1960.The company is the manufacturer of steering & suspension systems for every segment of automobile industry, viz Passenger cars, Multi utility vehicles, Light commercial vehicles, Heavy commercial vehicles and Farm tractors. Best in class manufacturing facilities.

It has got Strategic Technical partnerships with M/s TRW Inc, USA for Steering Gear  Products & TRW Ehrenreich GmbH & Co., Germany for Steering Linkage Products Holds major market share in India both in Manual steering gear systems & suspension systems.

The production plants of the company at Chennai (2 plants), Mysore, Puducherry each address a specific industry segment. Independent manufacturing cells produce specialised high end components.

 * Chennai plant - Light Commercial vehicle, Heavy Commercial vehicle and Utility vehicles segments.
 * Mysore plant - Tractor and Commercial vehicle segments.
 * Puducherry plant - Passenger car segments.
 * Varanavasi (Chennai) plant - Exports market. 
 * Uttarakhand plant - Caters specifically to the customers in the North of India.

Product range of the company includes:

Rane (Madras) Ltd.

Automotive Stampings and Assemblies Ltd.

Talbros Automotive Components Ltd.

Rane Brake Lining Ltd.

Munjal Auto Industries Ltd.

The Hi-Tech Gears Ltd.

Jay Bharat Maruti Ltd.

Rico Auto Industries Ltd.

Hindustan Composites Ltd.

Munjal Showa Ltd.

Shivam Autotech Ltd.

Autoline Industries Ltd.

NDR Auto Components Ltd.

Sintercom India Ltd.

Ucal Fuel Systems Ltd.

HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

Market Cap	599 Cr		EPS	37.1		High	373.85
Stock P/E	9.9		Net Profit Margin	-0.6		Low	365

Open Price	363.5	Volume	23
Prev. Close	363.5

RML