Rane Holdings secures ₹10.07 crore order from GST Authority
Rane Holdings (BSE: RANEHOLDIN) said it has received an order from GST Authority, valued at ₹10.07 crore. The company is valued at about ₹2,194 crore.
What happened
Rane Holdings (BSE: RANEHOLDIN) informed the stock exchanges on 9 October 2026 at 04:45 PM that it has received an order from GST Authority, valued at ₹10.07 crore.
From the filing: "Rane Steering Systems Private Limited, Wholly Owned subsidiary of the Company has received an order from GST Authority, Chennai dropping the demand of Rs.10.07 Crores including penalty in entirety."
How big is it?
At ₹10.07 crore, the order is equal to about 0.5% of the company's market value of ₹2,194 crore and 0.2% of its revenue over the last four reported quarters (₹6,129 crore).
Relative to the company's annual revenue, it is a modest addition.
Company snapshot
Rane Holdings is a small-cap company, with a market value of about ₹2,194 crore.
The stock last traded at ₹1,536.6, against a 52-week range of ₹981–₹1,894.5 (18.9% below the high).
Before this filing the shares had moved −8.2% over the month and −13.4% over three months. Average daily turnover over the last 20 sessions was about ₹1.55 crore.
Promoters held 46.63% at the end of Q1 FY27. Foreign institutions owned 0.93% and domestic institutions 3.39%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,341 | 50.8 | 35.57 |
| Q2 FY26 | 1,399 | 23.5 | 16.45 |
| Q3 FY26 | 1,535 | -50.6 | -35.41 |
| Q4 FY26 | 1,609 | 74.2 | 51.93 |
| Q1 FY27 | 1,587 | 37.4 | 26.17 |
What history shows
BCEIE's records show 1 previous order win filing from the company since May 2026.
Market-wide, 1,941 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
- 12 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.