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Timken India Ltd (TIMKEN)

₹4562.551.17%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on Timken India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

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    In the last 3 months, TIMKEN stock has moved up by 64.7%

  • imgPOSITIVE IMPACT

    FII Holding Up

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    Foreign Institutions have increased holdings from 7.13% to 7.20% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

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    Mutual Funds have increased holdings from 19.44% to 20.43% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

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    Promoters holdings remained unchanged at 57.70% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

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    In the last 3 years, Schaeffler India Ltd has given 342.0% return, outperforming this stock by 117.1%

  • imgNO EFFECT

    Against Peers

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    In the last 1 year, Thermax Ltd has given 117.6% return, outperforming this stock by 75.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 12.60% to 11.46% in Mar 2024 quarter

Performance

  • Day's Low

    Day's High

    ₹4,551
    ₹4,706.4
  • 52 Week's Low

    52 Week's High

    ₹2,524.5
    ₹4,817.9
1 Month Return+ 17.37 %
3 Month Return+ 64.73 %
1 Year Return+ 42.01 %
Previous Close₹4,616.35
Open₹4,625.40
Volume79.36K
Upper Circuit-
Lower Circuit-
Market Cap₹34,723.60Cr

Analyst Rating

based on 8 analysts

BUY
75.00%
Buy
12.50%
Hold
12.50%
Sell

Based on 8 analysts offering long term price targets for Timken India Ltd. An average target of ₹3567.88

Source: S&P Global Market Intelligence

Company Information

Timken India Limited (TIL), formerly known as Tata Timken, is a leading manufacturer and distributor of tapered roller bearings, components and accessories for the automotive and railway sectors. It offers specialised maintenance and refurbishment services, including round-the-clock management of customers' roll shop and bearing maintenance. TIL also provides solutions to technical problems via expert knowledge and experience in bearing and steel rolling mills. In 2002, the company acquired The Torrington Company, extending its product range and bringing a line of engineered products and services. To extend further, the company invested an approximate amount of Rs 17.25 Crores for projects such as the small bearing project and double extended cone project. Expansion projects undertaken by the company include installing an 8 cone line with a capacity of over 5 lacs tapered single cones and, more recently, a large size cup line at 4.50 Crores. In 2008, TIL acquired two strategic services contracts in the steel industry. Strategic stakeholders approved a Scheme of Amalgamation for ABC Bearings Limited and TIL in 2018. With these initiatives, TIL is aiming to become a global leader in the bearing market with a value-adding proposition for its existing business.

Share Price: ₹4562.55 per share as on 20 Jun, 2024 04:01 PM
Market Capitalisation: ₹34,723.60Cr as of today
Listing date: 02 Dec, 1994
Chairperson Name: Sanjay Koul
OrganisationTimken India Ltd
Headquarters
IndustryBearings
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Key events for Timken India Ltd

  • Timken India's ROCE Higher Than Industry Average - 16 Jun, 2024

    Timken India has an ROCE of 19%, higher than the industry average of 17%. Returns on capital have increased substantially over the last five years to 19%. The stock has returned a staggering 592% to shareholders over the last five years, indicating plenty of opportunities for internal investment.

  • Timken India Ltd Stock Rallies by 50% to Hit Record High - 29 May, 2024

    Experts suggest short to medium-term traders can buy Timken India stock on dips for a possible target of Rs 5,000-5,100 in the next few months. The stock rose from Rs 2,697 as of February 27, 2024, to Rs 3,951 on May 27, 2024.

  • Timken India's Promoter Sells Stake Through Block Deals - 28 May, 2024

    Timken Singapore, the promoter of Timken India, sold a 6.6% stake in the company through block deals at a floor price of Rs 3,550 per share. The sale generated approximately Rs 1,775 crore for the promoters. In Q4FY24, Timken India's revenue grew by 12%, and net profit increased by 34%. The stock gained 7.5% after the block deal.

  • Timken Singapore to Sell Stake in Timken India - 27 May, 2024

    Parent company Timken Singapore is looking to sell a 6.6% stake in Timken India for Rs 1,775 crore ($213 million) at a discount of 10.2% to the last traded price. The deal will have a floor price of Rs 3,550 per share and includes a 180-day lock-in period for sellers.

  • Timken India's P/E Ratio High on Strong Growth Expectations - 25 May, 2024

    Timken India's stock has gained 31% in the last month and its P/E ratio of 79.4x may seem high, but it reflects investors' expectations for strong future growth. Analysts predict a 23% per year earnings growth over the next three years, higher than the broader market forecast of 21%. Despite uninspiring short-term performance, Timken India has seen an excellent 174% overall rise in EPS over the past three years.

  • Timken India's Share Price Soars 488% Over Five Years - 21 May, 2024

    Timken India Limited's share price has grown by 488% over five years, outpacing the company's earnings growth of 44% CAGR. The market holds the company in high regard with a P/E ratio of 79.70 and an annual TSR of 44% over five years.

  • Timken India Shares Deliver Multibagger Returns - 20 May, 2024

    Shares of Timken India have delivered 661% returns in five years, closing at Rs 4155 on May 18. The stock has gained 113% in two years and risen 226% in three years. Centrum Broking has a sell call with a target of Rs 2665 while Kotak Equities assigned an add rating post Q4 earnings.

Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.87%
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option0.65%
Nippon India Multi Cap Fund - Direct Plan - GrowthNippon India Multi Cap Fund - Direct Plan - Growth0.95%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth0.8%
PGIM India Midcap Opportunities Fund Direct GrowthPGIM India Midcap Opportunities Fund Direct Growth2.74%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
57.7%
0.00
Foreign Institutions
7.2%
0.00
Mutual Funds
20.43%
0.00
Retail Investors
11.46%
0.00
Others
3.2%
0.00

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Timken India Ltd (TIMKEN) share price today is ₹4562.55

Timken India Ltd is listed on NSE

Timken India Ltd is listed on BSE

  • Today’s highest price of Timken India Ltd is ₹4706.4.
  • Today’s lowest price of Timken India Ltd is ₹4551.

Today’s traded volume of Timken India Ltd(TIMKEN) is 79.36K.

Today’s market capitalisation of Timken India Ltd(TIMKEN) is ₹34723.6Cr.

Timken India Ltd(TIMKENPrice
52 Week High
₹4817.9
52 Week Low
₹2524.5

Timken India Ltd(TIMKEN) share price is ₹4562.55. It is down -5.30% from its 52 Week High price of ₹4817.9

Timken India Ltd(TIMKEN) share price is ₹4562.55. It is up 80.73% from its 52 Week Low price of ₹2524.5

Timken India Ltd(TIMKENReturns
1 Day Returns
-53.8%
1 Month Returns
17.37%
3 Month Returns
64.73%
1 Year Returns
42.01%