Rane Holdings surged 7.1% to Rs 861 at 15:15 IST on BSE after consolidated net profit jumped 469.99% to Rs 57.48 crore on 23.03% rise in net total income from operations to Rs 738.76 crore in Q2 September 2016 over Q2 September 2015.
The result was announced during market hours today, 10 November 2016.Meanwhile, the BSE Sensex was up 269.98 points, or 0.99%, to 27,510.98.
On BSE, so far 3,772 shares were traded in the counter compared with average volume of 4,197 shares over the past two weeks. The stock hit a high of Rs 892.95 and a low of Rs 816 so far during the day.
Rane Holdings is the holding company of the Chennai-based Rane Group, an acknowledged leader in the manufacture of auto components in the country,
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