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Rane Holdings Ltd (RANEHOLDIN) Business Profile
Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets, as well as large engine valves for power generation, marine, and special applications; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and brake pads; and seat belts and air bags. In addition, it offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, luminaries, timing case covers, engine oil sumps, gear cases, brake and transmission housings, and valve and battery housings; telematics solutions; and aftermarket products consisting of chassis and engine parts. It primarily serves passenger and commercial vehicles, farm tractors, two and three wheelers, and railways and stationary engines industry segments. The company was formerly known as Rane (Madras) Limited and changed its name to Rane Holdings Limited in July 2004. Rane Holdings Limited was founded in 1929 and is headquartered in Chennai, India. The ISIN of this stock is INE384A01010.