NRB Bearings Ltd.

NSE: NRBBEARING | BSE: 530367 | ISIN: INE349A01021 | Industry: Other Industrial Products
| Mid-range Performer
208.7200 4.76 (2.33%)
NSE Apr 11, 2025 15:41 PM
Volume: 71,129
 

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NRB Bearings Ltd.
05 Nov 2018
208.72
2.33%
ICICI Securities Limited
NRB Bearings reported stellar Q2FY19 numbers. Revenues came in at | 251 crore up 20.6% YoY. We estimated revenues of | 240 crore (15.5% YoY growth) for the quarter. We believe strong topline growth was on account of robust performance across all segments i.e. domestic OEMs, after-markets and exports EBITDA increased 20.4% YoY to | 46.1 crore. The company reported strong EBITDA on account of sharp increase in gross margins, 300 bps YoY during the quarter. However, other expenses also increased...
NRB Bearings Ltd. has lost -22.67% in the last 3 Months
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