NRB Bearings Ltd
NRBBEARING

120.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

119.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 117.70
We recommend ACCUMULATE on the stock considering demand uptick in automotive sector and exports. We expect the company to clock 9% CAGR revenue over FY16-18E. The stock is currently trading at P/E of 21x on FY18E earnings. (Target Price– Rs.129.8)
Detailed View
50 DMA (.)
109.11
100 DMA (.)
108.77
200 DMA (.)
114.76
Weekly Range (.)
114.40
124.30
Monthly Range (.)
103.50
124.30
52 Weeks Range (.)
100.00
141.50
Detailed Chart
welcome to iifl