Is Rane (Madras) Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Rane (Madras) Limited pays dividends. Last time was Monday 29th of July 2019 where the investors holding the stock on Tuesday 16th of July 2019 were paid INR4.5 per share. Over the last 22 times between 2006 and 2019, Rane (Madras) Limited has paid INR82 with an average of INR3.73 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Rane (Madras) Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR280.90, you would have made a profit of INR1 003.30 per share or 357.17%
Yes, the average daily trading liquidity for Rane (Madras) Limited is INR75 134 thousand. You should therefore be able to get in and out of your positions relatively fast.
Rane (Madras) Limited has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.20, the company's ability to pay off the debt is normal. The company has a very low net profit margin of 0.13%, which is challenging.
We have calculated the inflation risk for Rane (Madras) Limited to be medium [0.65 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.