Rane Engine Valve has sold the land admeasuring 2 acres and 03.86 cents comprised in the remaining portion of 2 acres and 68.42 cents located at Alandur, Chennai in state of owned by the company by way of a deed of absolute sale dated April 08, 2015. The total consideration received for this sale of land is at market value of Rs 27.75 crore.
Rane Engine Valve has been incorporated to manufacture valves and valve train components for various engine applications. It has latest manufacturing practices to keep abreast of technological advancements caters to every section of the auto industry through four manufacturing plants.
Rane Engine Valve is currently trading at Rs. 578.75, up by 18.75 points or 3.35% from its previous closing of Rs. 560.00 on the BSE.
Rane Engine Valve has been incorporated to manufacture valves and valve train components for various engine applications. It has latest manufacturing practices to keep abreast of technological advancements caters to every section of the auto industry through four manufacturing plants.
Rane Engine Valve is currently trading at Rs. 578.75, up by 18.75 points or 3.35% from its previous closing of Rs. 560.00 on the BSE.
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