India's Rane Holdings falls on quarterly profit slump
** Shares of Rane Holdings RANE.NS fall 3% to 1,509.5 rupees, lowest since October 20 ** Stock sees biggest intraday percentage loss since October 8 ** Automotive components maker posts 86.7% y/y decline in September-quarter consol net profit; rev from ops rises 52.6% y/y ** More than 22,883 shares change hands, 2x of 30-day avg ** Stock down 14.8% YTD (Reporting by Rudra Pratap Singh in Bengaluru) ((rudrapratap.singh@thomsonreuters.com))
Recent news on Rane Holdings
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