Rane Holdings' stock surged, currently trading at ₹2109.60, marking an increase of 40.60 points or 1.96% from its previous close of ₹2069.00 on the BSE.

The stock opened at ₹2078.70, reaching an intraday high of ₹2140.95 and a low of ₹2069.60, with a total of 3,582 shares traded so far.

This BSE 'B' group stock, with a face value of ₹10, had hit a 52-week high of ₹2575.90 on September 10, 2024, and a 52-week low of ₹1028.15 on March 13, 2024. In the past week, the stock ranged between ₹2447.25 and ₹2040.00. The company’s current market capitalization stands at ₹3053.74 crore.

Promoters hold 46.57% of the company’s shares, while institutions hold 2.26%, and non-institutional investors hold 51.17%.

On September 19, 2024, Rane Holdings acquired the remaining 51% equity stake in Rane NSK Steering Systems (RNSS) from its joint venture partner NSK Japan, making RNSS a wholly owned subsidiary of Rane Holdings. The company will be renamed Rane Steering Systems.

Rane Holdings is the parent company of the Rane Group and holds the Rane trademark. It also provides various services to group companies, including employee training, investor services, and business development.