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Company details

131.20
140.00
106.70
189.65
6M Return -12.42%
1Y Return -0.21%
Mkt Cap.(Cr) 1,356.92
Volume 11,442
Div Yield 1.48%
OI
-
OI Chg %
-
Volume 11,442

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Call Date

30 Dec 2021

Entry Price

160.00

Target Price

220.00

Duration

12 Month

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: 517.72 Cr FV: 2.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 20,712.90 -49,208.14
LAST 3M 72,514.10 -86,871.53
LAST 6M 139,386.11 -217,992.74
LAST 12M 232,044.22 -250,830.89

Information

  • About Company
  • Company Info
  • Listing Info
17.14
49.85%
60.7273
11.2%
11.43%
Description
  • NRB Bearings, an Indo-French JV venture between Nadella, France and Trilochan Sahney is into manufacture of Needle roller bearings, Cylindrical roller bearings and Ball bearings. It pioneered the manufacture of needle roller bearings in India. The French partner holds 26% stake in the company. The Timken Co. USA in Oct 2002 which has acquired Engineered Solutions Business segment of Ingersoll-Rand Ltd as part of world wide acquisition. By this worldwide acquisition Timken got the voting rights of Nadella S.A. the JV partner thus resulting in Timken picking up a default acquisition of 26% equity stke in NRB Bearings. The company`s activities are organised into three divisions -- general bearings, needle bearings and agency. The general bearings division set up in 1982 manufactures cylindrical roller bearings. It later diversified into spherical roller bearings and ball bearings in technical collaboration with Ransome Hoffman Pollard International (RHP), UK. In 1995, its product range was diversified again by including taper roller bearings with technical knowhow from SNR Roulements, France. In Apr.`91, Sahney Steel and Press Works was merged with it. NRB`s list of customers include Maruti Udyog, Mahindra & Mahindra, Telco, Ashok Leyland, Bajaj Tempo, Bajaj Auto, LML, TAFE, Siemens, ABB, HMT, Kelvinator, Lucas TVS and LMW. The company`s agency division, set up in 1980, acts as an intermediary for a number of foreign companies in UK, France, Germany and Switzerland such as RHP, Gamet, Nadella, Rollix, IBC, Rohm, Schneeberger, Kugler SA and Forsheda. NRB Bearings came out with a public issue in Mar.`95 to finance the installation of balancing equipment at its Jalna unit to increase productivity. The company has set up an engineering center at Thane to foster technological innovation and to move towards becoming a bearings solution provider. To further develop knowledge on bearing applications, the full fledged testing facilities and computer aided design center has been setup. The company has implemented expansion for enhanced capacity in the general bearings division, which has resulted in additional capacity of 2.1 million nos. for various type of ball and roller bearings in the year 1999-2000. The Company have a jointvernture comany and two subsidiary companies. The jointventure company NRB Torrington is set up in collaboration with the Torrington Company, US. to manufacture wide inner ring ball bearings and housed units. Commercial production of this company started during the year 1994-95. Essen Marketing Services Ltd., one of the subsidiary of the company is into agency business. While the other SNL Bearings(SNL) formerly Shriram Needle Bearing Industries Ltd., is into manufacture of Needle Roller Bearings. SNL became the subsidiary of NRB Bearings with effective from June 1, 2001 by the acquisition of 63.98% of the equity capital of SNL partly from SRF Ltd. and their associates (45.78%) and under the public offer made under SEBI guidelines. Currently the parent company is taking various measures for SNL`s turnaround. This acquisition will enable the company to become significantly stronger player in the needle bearing segment in the country. On quality front all the plants of the company and its corporate office is accredited with QS-9000 certificate by TUV, the internationally acclaimed registrars. Earlier the company and all its plants have been certified for ISO-9002.

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Registered Address

Dhannur, 15 Sir P M Road Fort, Mumbai, Maharashtra, 400001

Tel : 91-22-22664160/22664998
Email : investorcare:nrbbearings.co.in
Website : http://www.nrbbearings.com

Registrar

Universal Capital Sec. Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 530367
NSE Code : NRBBEARING
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE349A01021

ICICIdirect NRB Bearings Ltd FAQ

You can buy NRB Bearings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy NRB Bearings Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 01, 2022 04:01 PM the closing price of NRB Bearings Ltd was ₹ 140.00.
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 Jul 01, 2022 04:01 PM, the market cap of NRB Bearings Ltd stood at ₹ 1,356.92.
The latest PE ratio of NRB Bearings Ltd as of Jul 01, 2022 04:01 PM is 17.14
The latest PB ratio of NRB Bearings Ltd as of Jul 01, 2022 04:01 PM is 0.45
The 52-week high of NRB Bearings Ltd is ₹ 189.65 while the 52-week low is ₹ 106.70 .
According to analyst recommendations, NRB Bearings Ltd has a “Buy” rating for the long term.

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