Growth triggers to keep earnings trajectory robust for Timken India

New plant expected to boost company's revenues, margins

Bearings maker Timken India has been one of the big out-performers in the market during the last one year with returns of 78 per cent.

In comparison, the BSE 500 gained about 9 per cent while the benchmark Sensex was up 10 per cent over the same period.

A significant chunk of the gains came in the past month when the stock surged 30 per cent.

The recent gains are on the back of multiple triggers. These include plans by the company to set up a plant to make spherical and cylindrical roller bearings (SRB & CRB) in the country.