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About Asian Bearing Ltd
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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.
Asian Bearing share price as on 12 Apr 2026 is Rs. . Over the past 6 months, the Asian Bearing share price has increased by 0% and in the last one year, it has increased by 0%. The 52-week low for Asian Bearing share price was Rs. and 52-week high was Rs. .
505672
INE046C01011
Dec
Asian Bearing Ltd FAQs
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 Rs.-.
The latest PE ratio of Asian Bearing Ltd as of is 0.00
The latest PB ratio of Asian Bearing Ltd as of is 0.00
The 52-week high of Asian Bearing Ltd share price is Rs. 0.00 while the 52-week low is Rs. 0.00
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 Rs. 0.00 Cr.
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