Hot Pursuit     21-Oct-10
Rane (Madras) scales all-time high after strong Q2 results
Rane (Madras) galloped 10.83% to Rs 169.90 at 9:45 IST on BSE, after net profit spurted 134.7% to Rs 7.77 crore on 44.9% growth in net sales to Rs 142.04 crore in Q2 September 2010 over Q2 September 2009.

The company declared its results after market hours on Wednesday, 20 October 2010.

Meanwhile, the BSE Sensex was 131.39 points, or 0.66% at 20,003.54.

On BSE, 53,417 shares were traded in the counter as against an average daily volume of 21,366 shares in the past one quarter.

The stock hit a high of Rs 179 so far during the day, which is a record high for the counter. The stock hit a low of Rs 160.05 so far during the day. The stock had hit a 52-week low of Rs 55 on 20 October 2009.

The company has an equity capital of Rs 10.16 crore. Face value per share is Rs 10.

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