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Schaeffler India: Exports, order wins likely to keep ball rolling

Ball-bearing maker expects gains on margin front in the second half of FY23

Topics
Schaeffler | auto stocks | Compass

Ram Prasad Sahu 



Schaeffler India
Not just Schaeffler but other players in the ball-bearings sector also are showing good growth trajectories

At 85 per cent return, India is the best-performing auto stock in the BSE 200 universe since the start of FY23. The gains for the country’s largest ball-bearing maker by market capitalisation came on the back of a strong performance over the past few quarters, earnings upgrades, and an improved outlook.

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First Published: Fri, September 09 2022. 20:09 IST

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