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RANEHOLDIN — Rane Holdings News Story

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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))

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