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Rane Brake Lining shares fly over 17% as robust Q4 impresses Street

Rane Group announces merger of Rane Brake Lining and Rane Engine Valve into Rane (Madras)

RBL shareholders will receive 21 fully paid-up equity shares of RML for every 20 fully paid-up equity shares of RBL held by them as on the record date. REVL shareholders will receive 9 fully paid-up equity shares of RML for 20 fully paid-up equity shares of REVL held by them.

Rane Brake Profit: Rane Brake Lining Q2FY24 PAT up 48% to INR 9 6 cr, ET Auto

Rane Brake Profit: During Q2 FY24, sales to OE customers grew 13% driven by strong sales to the two-wheeler segment. Sales to aftermarket customers grew 4% and EBITDA margin improved by 172 bps on account of higher volume and one-off provision reversal during this quarter, the company said.

Rane Brake Lining Ltd Q2FY24 profit higher at Rs 9 59 crores

Rane Brake Lining Ltd Q2FY24 profit higher at Rs 9 59 crores
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Rane Brake Lining Ltd Q1FY24 net profit falls to Rs 5 18 crores

Rane Brake Lining Ltd Q1FY24 net profit falls to Rs 5 18 crores
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