RACL Geartech Ltd (Formerly known Raunaq Automotive Components Ltd) was established in the year 1989 for producing automotive components in the field of Motorcycles & Scooters, 3&4 Wheeler Passenger & Cargo Vehicles, Agricultural Machinery, Tractors, ATV, Light & Heavy Commercial Vehicles, etc. The Company has expanded into sub-assemblies, industrial Gears for electrical switch Gears and Circuit Breakers, Winches and Cranes. Promoted by Bharat Gears and PICUP, the Company manufactures transmission gears and axle shafts for the automobile industry. The Company's manufacturing unit is situated at Gajraula in the Moradabad district of Uttar Pradesh.
The Company started commercial production in 1989. The company manufactures all types of transmission gears for a variety of vehicles includi ...ng two-wheelers, tractors, cars and jeeps, LCVs and heavy vehicles. It also manufactures axle shafts mainly for heavy vehicles. The company's products are mainly utilised by original equipment manufacturers (OEMs). Its clientele include Majestic Auto, Escorts, HMT, VST Tillers, Greaves and Telco, Ashok Leyland, Mahindra and Mahindra, etc.
Since the company started commercial production, it faced many problems due to recession in the automobile industry and the communal riots all over the country. But during 1992-93, the company started getting orders from Escorts' tractor division, and Yamaha and Hero. Only in 1993-94 did the situation improve, after the auto industry started showing encouraging signals. Demand for two-wheelers and the subsequent demand for gears increased rapidly, and the company's supplies to Hero Puch and Escorts Yamaha gave a boost to its production and sales. During this time, the company introduced their own brand Raunaq gears in the replacement market.
The company has tie-up with M/s Piaggio Greaves Vehicles Ltd. for the supply of components who have launched their new model of three wheelers recently.
The Company completed the Rehabilitation Scheme as approved by Hon'BIFR. The Hon'BIFR has discharged the company from its purview along with the directions to the concerned authorities for compliance of its order dated 5.11.07.
The Company set up new unit II at Noida, which became operational since Feb'11.
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2. Does RACL Geartech Ltd pay dividends? ›
RACL Geartech Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of RACL Geartech Ltd ? ›
As of
01-10-2025 the share price for RACL Geartech Ltd. is 1218.1 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of RACL Geartech Ltd ? ›
The 52-week high and low of RACL Geartech Ltd share price is ₹ 658.05 - ₹ 1272 as of
01-10-2025 .
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