The firm will eliminate 3,460 jobs in Europe, some three quarters of those in Germany, the maker of ball bearings and hybrid-electric drivetrains said Tuesday
Two workers employed by a service provider died after a sudden carbon dioxide gas discharge during a scheduled cylinder replacement on June 9
Stocks to Watch today, February 25, 2026: Schaeffler India, Aditya Infotech, RVL are among few stocks that will be in focus
Emcure Pharmaceuticals and Schaeffler shares show strong bullish technical setups. Osho Krishan of Angel One recommend 'Buy' with defined stop losses and target prices.
Asian Paints has demonstrated a robust recovery in the last week and has now surpassed all major EMAs on the daily chart.
German firm Schaeffler will invest €500 million in India over five years to grow EV, rail, and renewable businesses and deepen localisation amid global shifts
The fall in the company's share price came in line with the company's dividend announcements as today markets are ex-dividend
Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Wednesday, April 23, 2025
The company reported a 14 per cent Y-o-Y increase in revenues aided for growth across the key verticals
Coal India, Tata Elxsi, Schaeffler and ELGI Equipments have witnessed a 'Death Cross' pattern on the daily chart; hence are likely to face downward pressure going ahead.
Schaeffler India on Wednesday said its consolidated Profit After Tax grew marginally to Rs 236.41 crore in the July-September quarter of this year, from Rs 232.76 crore a year ago. Revenue from operations during the reporting quarter, however, rose 14 per cent to Rs 2,116.3 crore in the third quarter of 2024, from Rs 1,853.6 crore in the year-ago period, the company said in a regulatory filing. Schaeffler India follows the January-December financial year. "Our domestic business continued its growth momentum as we progressed into the second half of the year. "Despite a challenging market environment, the automotive technologies and bearings and industrial solutions business showed an upward trend," Harsha Kadam, Managing Director and CEO at Schaeffler India said in a statement. The sustained quality of earnings reflects the company's constant focus on cost management and realization of financial and operating margins, he added.
Recently, PNB has found a support level, forming a bottom around the Rs 114-116 range. This suggests that stock has likely reached a point where selling pressure is reducing & buyers are stepping in.
It is recommended to 'buy' Nykaa stocks within the price range of Rs 180 to Rs 185
The uptick in stock price came after the company posted a strong set of second quarter of calendar year 2024 (Q2CY24) results.
The company posted a PAT of Rs 237.28 crore in the year-ago period, the company said in a regulatory filing
The company on Tuesday said that it has launched planetary gear system (PGS) from Schaeffler's Hosur Plant
Still, the poor monsoons earlier in the quarter had made commercial vehicles such as tractors less affordable for India's rural population, they said
Founded in 2016, Koovers is a B2B e-commerce platform specializing in supplying auto parts to independent workshops and the aftermarket sector
Schaeffler India Ltd on Monday said it will fully acquire KRSV Innovative Auto Solutions Pvt Ltd, an automotive aftermarket spare parts platform, for Rs 142.4 crore. Bengaluru-based KRSV Innovative Auto Solutions, which operates under the brand Koovers, offers spare parts solutions to Indian aftermarket workshops via a B-to-B e-commerce platform. "This acquisition presents an ideal synergy for Schaeffler's future after sales activities in India. It will be a key enabler for the aftermarket ecosystem, including distribution partners and help to play an important role in the fast growing and evolving aftermarket digital landscape," Schaeffler India said in a statement. Under the share purchase agreement, Schaeffler India will acquire 100 per cent shares of KRSV Innovative Auto Solutions for a consideration of approximately Rs 142.4 crore, it added. "The transaction would be completed in the third quarter of CY 2023, subject to customary closing conditions. This acquisition will be fu
German industrial and automotive-component supplier Schaeffler on Wednesday announced the inauguration of a new manufacturing unit at its Savli (Vadodara) facility in Gujarat. The new unit will add additional capacities of over 10,000 sq m of production space, to the existing plant, and cater to the growing demand in the wind, heavy industries, and railway sectors, the company said. The expansion of the Savli plant's production capacity is a vital step towards driving localisation strategy and meeting the growing demands of the market, it stated. The capacity expansion will enable the plant to manufacture spherical roller bearings (SRB) and spherical rollers, while also expanding its heat treatment capabilities, it said. Schaeffler India's Savli plant currently carries out quality related work, such as heat treatment of raw material, face and outer outside diameter grinding and honing (precision grinding) the inner and outer rings of rolling bearings. The various products produced