logo
Timken India Ltd.
21 Aug 2019
2750.65
1.52%
ICICI Securities Limited
Solid FY19, headwinds in mobile segment to impact growth TIL witnessed a solid performance across all segments in FY19, viz. railways, mobile (LCVs, HCVs and off highway), distribution (replacement market), process industries and exports. Their contribution to topline was at 18%, 22%, 17%, 8% and 24%, respectively (total ~90%). The remaining 10% contribution came in from ABC Bearings. Going ahead, headwinds in the automotive sector are expected to impact growth of mobile' segment and, thus, affect overall topline growth. On the whole, we expect Timken to clock...
Timken India Ltd. is trading at high day volume of 909.0K.
More from Timken India Ltd.
Recommended