Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 |Industry: Industrial Machinery
|Expensive Performer
1068.85 -1.05 (-0.10%)
NSE Oct 29, 2020 15:31 PM
Volume: 7,558
 

Timken India Ltd.    
21 Aug 2019
1068.85
-0.10%
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...
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Timken India Ltd. is trading below it's 30 day SMA of 1074.2
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