388.4500 5.05 (1.32%)
NSE Oct 17, 2025 15:31 PM
Volume: 25,814
 

388.45
1.32%
Prabhudas Lilladhar
We believe that the continued pain in Romania may impact mid-term consolidated financial performance of the company however, HARSHA's longterm outlook remains positive given its 1) market leadership in bearing cages, 2) greenfield capacity expansion plans, and 3) multiple levers for growth viz. i) bearing cage outsourcing, ii) capex by global bearing players in India and iii) growing demand for bronze bushings. The stock is currently trading at a P/E of 23.5x/19.7x on FY26/27E earnings. We maintain Accumulate' rating with a...
Harsha Engineers International Ltd. is trading below all available SMAs
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