The board of directors of Rane Madras Ltd at its meeting held today i.e., March 21, 2019 has approved enhancement in investments up to USD 20 million in Rane Precision Die Casting Inc., USA (RPDC), Step Down Subsidiary, through Rane (Madras) International Holdings B V, The Netherlands (RMIH), Wholly Owned Subsidiary of the Company, over the next five years.
Shares of RANE (MADRAS) LTD. was last trading in BSE at Rs.388.5 as compared to the previous close of Rs. 400. The total number of shares traded during the day was 11704 in over 90 trades.
The stock hit an intraday high of Rs. 426 and intraday low of 381.5. The net turnover during the day was Rs. 4557491.