Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 | Industry: Abrasives & Bearings
| Mid-range Performer
2869.1000 -28.90 (-1.00%)
NSE Aug 08, 2025 15:31 PM
Volume: 46,986
 

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Timken India Ltd.
09 Oct 2018, 12:00AM
2869.10
-1.00%

Timken

JM Financial
ABC amalgamation to be EPS accretive from Year 1 We resume coverage on Timken India (Timken) and publish our revised numbers to factor in the consolidation of ABC Bearings (ABC). In our view, the amalgamation of ABC Bearings would be EPS accretive from FY19 as net profit of the consolidated entity should increase 17% (factoring in 11-month consolidation in FY19) vs. 11% stake dilution through a share swap. Over FY18-21, we forecast sales and earnings CAGR of 16% and 25%, respectively, for the consolidated entity, led by a) strong growth in the domestic CV market (entry in wheel bearings segment), b) bounce-back in exports on easing of capacity constraints and...
Geojit BNP Paribas released a Sell report for Timken India Ltd. with a price target of 2629.0 on 05 Aug, 2025.
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