The company is in the ball and roller bearing business. $ 1 bn industry growing between 12-15%. NRB has 1/8th of the market.
| Peer Group Comparison (Rs. in Millions) | ||||||||
Company Name
|
Year End | Net Sales | EPS | PBIDTM % | PATM % | ROCE % | RONW % | TTM PE (x) |
| FAG | 201212 | 14466.5 | 95.8 | 15.3 | 11.0 | 29.3 | 19.8 | 17.3 |
| Timken India | 201203 | 8214.7 | 12.7 | 11.8 | 9.8 | 31.6 | 23.3 | 22.6 |
| NRB Bearings | 201203 | 5493.6 | 5.0 | 19.6 | 8.8 | 20.9 | 20.8 | 6.8 |
| Bimetal | 201203 | 1752.9 | 33.6 | 10.3 | 7.3 | 14.9 | 9.9 | 11.4 |
| SKF India | 201212 | 22275.9 | 36.0 | 11.6 | 8.5 | 26.1 | 17.5 | 19.8 |
On May 17, Ashish Dhawan bought 5.75 lakh equity shares of NRB Bearings at Rs 35.94 on the NSE.
However, HDFC MF A/C HDFC Growth Fund sold 6,53,282 shares at Rs 35.90.
In the previous trading session, the share closed at Rs 36.15, up Rs 0.55, or 1.54 percent. It has touched an intraday high of Rs 37.25 and an intraday low of Rs 35.25.
The share touched its 52-week high Rs 49.50 and 52-week low Rs 29.55 on 16 July, 2012 and 22 March, 2013, respectively. Currently, it is trading 26.97 percent below its 52-week high and 22.34 percent above its 52-week low. Market capitalisation stands at Rs 486.86 crore.
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