Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 |Industry: Industrial Machinery
|Expensive Performer
1078.75 9.90 (0.93%)
NSE Oct 30, 2020 15:31 PM
Volume: 8,283
 

Timken India Ltd.    
02 Dec 2019
1078.75
0.93%
buy
ICICI Securities Limited
Timken's Q2FY20 performance was led by double digit growth in the railway segment, which contributed 24% to the topline. With strong traction in railway ordering and further push from Dedicated Freight Corridor, the railway segment is expected to play a vital role, going forward. Adding to this, the railway replacement market and bearing maintenance orders would further propel growth in the railway segments. The exports segment during the quarter grew 22% with European markets opening up. Exports are expected to further pick up with Bharuch plant starting to export from this...
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Timken India Ltd.'s price crossed above SMA30 today
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