Rane Holdings secures ₹11.88 crore order from GST Authority
Rane Holdings (RANEHOLDIN) said it has received an order from GST Authority, valued at ₹11.88 crore. The company is valued at about ₹2,207 crore.
What happened
In a filing with the BSE on 13 November 2026 at 01:00 PM, Rane Holdings (RANEHOLDIN) said that it has received an order from GST Authority, valued at ₹11.88 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 Rs.11.88 crores including penalty in entirety."
How big is it?
At ₹11.88 crore, the order is equal to about 0.5% of the company's market value of ₹2,207 crore and 0.2% of its revenue over the last four reported quarters (₹6,623 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 ₹2,207 crore.
The stock last traded at ₹1,545.9, against a 52-week range of ₹981–₹1,894.5 (18.4% below the high).
Before this filing the shares had moved +3.5% over the month and −14.2% over three months. Average daily turnover over the last 20 sessions was about ₹1.17 crore.
Promoters held 46.64% at the end of Q2 FY27. Foreign institutions owned 0.89% and domestic institutions 3.24%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| 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 |
| Q2 FY27 | 1,893 | 201.3 | 140.97 |
What history shows
BCEIE's records show 1 previous order win filing from the company since May 2026.
Market-wide, 2,226 order win filings with an impact score of 50 or more saw an average next-day move of +0.9%, with 54% 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.
In the news
Recent coverage elsewhere (links open the original publisher):
- Rane Holdings Limited (RANEHOLDIN.NS) Seasonal returns chart
- Volume Gainers Today, 12 November 2026 at 3:30 PM IST: Rane Holdings Ltd Leads Volume Surge
- Rane Holdings Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026
- Rane Holdings RANEHOLDIN JV Equity Allotment October 2026
- Rane Holdings Q2 FY27 Results: Board Approves Unaudited Financials
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.