2018 breakout soon with momentum in RANE MADRAS

We can see on yearly chart that price is at 2018 breakout level with RSI coming above 70 for the 1st time.

Rane (Madras) Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 1,481.77 Crore) operating in Auto Ancillaries sector.
Rane (Madras) Ltd. key Products/Revenue Segments include Steering & Suspension Linkages, Scrap, Export Incentives and Job Work for the year ending 31-Mar-2024.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 530.69 Crore, up 1.37 % from last quarter Total Income of Rs 523.52 Crore and down 13.27 % from last year same quarter Total Income of Rs 611.88 Crore. Company has reported net profit after tax of Rs -.68 Crore in latest quarter.