RACL Geartech Performance
Fundamentals of RACL Geartech
|P/E Ratio (TTM)||32.92|
|Debt to Equity||1.36|
Financials of RACL Geartech
|Dec 2022||Mar 2023||Jun 2023||Sep 2023|
|Profit before tax||16.23||13.97||11.65||13.67|
|EPS in Rs||11.1||8.86||8.12||9.47|
About RACL Geartech
RACL Geartech Ltd (Formerly known Raunaq Automotive Components Ltd) was established in the year 1989 for producing automotive components in the field of Motorcycles & Scooters, 3&4 Wheeler Passenger & ... Cargo Vehicles, Agricultural Machinery, Tractors, ATV, Light & Heavy Commercial Vehicles, etc. The Company has expanded into sub-assemblies, industrial Gears for electrical switch Gears and Circuit Breakers, Winches and Cranes. Promoted by Bharat Gears and PICUP, the Company manufactures transmission gears and axle shafts for the automobile industry. The Company's manufacturing unit is situated at Gajraula in the Moradabad district of Uttar Pradesh. The Company started commercial production in 1989. The company manufactures all types of transmission gears for a variety of vehicles including two-wheelers, tractors, cars and jeeps, LCVs and heavy vehicles. It also manufactures axle shafts mainly for heavy vehicles. The company's products are mainly utilised by original equipment manufacturers (OEMs). Its clientele include Majestic Auto, Escorts, HMT, VST Tillers, Greaves and Telco, Ashok Leyland, Mahindra and Mahindra, etc. Since the company started commercial production, it faced many problems due to recession in the automobile industry and the communal riots all over the country. But during 1992-93, the company started getting orders from Escorts' tractor division, and Yamaha and Hero. Only in 1993-94 did the situation improve, after the auto industry started showing encouraging signals. Demand for two-wheelers and the subsequent demand for gears increased rapidly, and the company's supplies to Hero Puch and Escorts Yamaha gave a boost to its production and sales. During this time, the company introduced their own brand Raunaq gears in the replacement market. The company has tie-up with M/s Piaggio Greaves Vehicles Ltd. for the supply of components who have launched their new model of three wheelers recently. The Company completed the Rehabilitation Scheme as approved by Hon'BIFR. The Hon'BIFR has discharged the company from its purview along with the directions to the concerned authorities for compliance of its order dated 5.11.07. The Company set up new unit II at Noida, which became operational since Feb'11. Read More
|Stocks||Market Cap (cr)||Market Price (₹)||52 Week Low-High (₹)|
|Bombay Burmah Trading Corporation Ltd||₹9,606.89||
|1374.95 - 1393|
|Autoline Industries Ltd||₹510.14||
|137 - 148.4|
|JBM Auto Ltd||₹14,866.03||
|1252 - 1277.6|
|Setco Automotive Ltd||₹114.10||
|7.8 - 8.5|
|Banco Products (India) Ltd||₹4,045.81||
|557.9 - 571.25|
What is the Share price of RACL Geartech ()?
Can I buy RACL Geartech () shares?
How do I buy RACL Geartech () from Angel One?
- Direct investment: You can buy RACL Geartech () shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to RACL Geartech () shares.