loader2
Partner With Us NRI

Company details

0.00
0.00
0.00
0.00
6M Return -
1Y Return -
Mkt Cap.(Cr) -
Volume -
Div Yield -
OI
-
OI Chg %
-
Volume -

Open Free Demat Account Online with ICICIDIRECT

SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -50.48 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 1,077.60 36,508.33
LAST 3M 37,266.27 17,620.78
LAST 6M 119,602.74 -141,271.72
LAST 12M 212,222.92 -215,172.33
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
No data found

Information

  • About Company
  • Company Info
  • Listing Info
-
55.03%
0
0%
0%
Description
  • Promoted by Tamil Nadu Industrial Corporation (TIDCO) in a joint venture with S M Palaniappa Chettiar, Asian Bearings manufactures ball and roller bearings of all kinds. It entered into a technical collaboration with VEB Kombinat Waelzlager Und Normteile (an amalgamation of bearing companies in Germany which markets bearings under the brand name DKF). Under the agreement, the collaborators were to supply all technical know-how and provide designs, drawings, etc to manufacture ball, taper and cylindrical roller bearings. The company`s products find applications in motors, handpumps, idlers, machinery and the automobile industry. It also manufactures components like nuts, blanks and rings for the textile industry and also supplies bearing rings to other manufacturers. The company`s major customers are HMT, Kirloskar Bros, Enfield, Mahindra & Mahindra Tractors, Escorts, NLC, Bhilai Steel Plant, Crompton Greaves, Hindustan Sheet Metals, etc. In order to step up production of taper roller bearings, the company initiated self-manufacture of rollers and cages. During 1986-88, it came under the purview of sick industrial companies and reference was made to BIFR. In 1988-89, the company`s rehabilitation scheme was accepted by BIFR and a relief package sanctioned. In 1993-94, it staged a remarkable turn-around and recorded a marginal profit against the losses made the previous years. During 1997-98, the Company shifted its concentration to Export of Bearings and & Auto Components. The company is exploring export possibilities in USA, UK, South Africa, New Zealand etc. It also acquired QS 9000 certification and ISO 9001 certificate from the earlier ISO 9002 during 1998-99. ABL has developed polyamide shields to replace metallic shields and also special polyamide retainers replacing metallic retainers, for high speed applications, for ball bearings.

Read More

Registered Address

14 Peters Road, Royapettah, Chennai, Tamil Nadu, 600014

Tel : 91-44-8132535/8133056

Registrar

Asian Bearings Ltd

AGM Date (Month) : Dec
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505672
NSE Code :
Book Closure Date (Month) : Dec
BSE Group : B
ISIN : INE046C01011

ICICIdirect Asian Bearing Ltd FAQ

You can buy Asian Bearing Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Asian Bearing Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of the closing price of Asian Bearing Ltd was ₹ -.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of , the market cap of Asian Bearing Ltd stood at ₹ 0.00.
The latest PE ratio of Asian Bearing Ltd as of is 0
The latest PB ratio of Asian Bearing Ltd as of is 0
The 52-week high of Asian Bearing Ltd is ₹ 0 while the 52-week low is ₹ 0 .

Thank you for subscribing to Equity/ Equity Research/MF/FnO Newsletter. You will hear from us shortly.

for your vote

CLOSE