close

NRB Bearings hits over 2-year high; surges 25% in 4 days on strong outlook

NRB Bearing is in hybrid vehicles across segments for Marquee customers in Europe and USA and in applications for E-Mobility vehicles across segments, which is the growth driver for exports

SI Reporter Mumbai
stocks, markets, funds, growth, investments
Premium

Shares of NRB Bearings hit an over two-year high of Rs 171.40 after they rallied 12 per cent on the BSE in Tuesday's intra-day trade on strong outlook. The stock of the company, engaged in manufacturing of needle roller bearings, has surged 25 per cent in the past four trading days. It was trading at its highest level since June 2019. It had hit a record high of Rs 224 on December 17, 2018. NRB Bearings is a recognised leader in needle roller bearings, conventional cylindrical roller bearings and has developed a new generation of lightweight drawn cup bearings. The company has two manufacturing subsidiaries viz. SNL Bearings Limited (SNL), NRB Bearings (Thailand) Limited (NRBT).
Or

Also Read

Bajaj Auto's net profit doubles in Q1 to Rs 1,061 cr; forays into EV space

Auto PLI scheme focuses on EVs; Tata Motors, Bajaj Auto to gain: Analysts

Auto industry defers Expo for the first time ever on Covid-19 scare

Gold price today at Rs 46,810 per 10 gm, silver trending at Rs 69,300 a kg

Stocks to watch: RIL, ITC, Tata Motors, ICICI Bank, JSW Steel, YES Bank

Lyka Labs hits 5% upper circuit after Ipca buys 1 mn shares via bulk deals

Set to zoom: Maruti, Tech M among 5 Nifty stocks that can gain up to 14%

Dolly Khanna buys nearly 1% stake in Ajanta Soya; stock zooms 32% in 2 days

Paytm bounces back, gains 7% after a 37% fall in two trading sessions

Latent View sees bumper debut, lists at 169% premium against issue price

NRB Bearings

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Nov 23 2021 | 1:30 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com