Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 |Industry: Industrial Machinery
|Expensive Performer
1083.60 25.85 (2.44%)
NSE Oct 22, 2020 13:54 PM
Volume: 86,893

Timken India Ltd.    
30 Nov 2016
ICICI Securities Limited
valuations of over ~25x forward earnings due its niche expertise and sagar.gandhi@icicisecurities.com strong parentage. With moderate capex and strong balance sheet, we believe TIL is well placed to capture the upcoming opportunity in the railways, DFC, renewable and auto segment in addition to export led growth. Thus, we value the company at 29x FY19E EPS of | 21.2 and...
Timken India Ltd. has gained 34.68% in the last 6 Months
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