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Timken India Ltd.
06 Jun 2019
2647.10
-0.71%
ICICI Securities Limited
Strong FY19, all segment except mobile' to grow in FY20-21E TIL saw a strong performance across segments in FY19, viz. railways, mobile (LCVs, HCVs, off highway), distribution (replacement market), process industries & exports. Their topline contribution was 18%, 22%, 17%, 8%, 24% respectively (total ~90%). Remaining 10% contribution came in from ABC Bearings. Going ahead, the management is expecting growth from all...
Timken India Ltd.'s price crossed below 50Day SMA today
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