Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
181.45
Change Change %
1.60 0.89%

Updated:13 Nov, 2018, 15:48 PM IST

BSE
181.70
Change Change %
2.95 1.65%

Updated:13 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
03-03-2016 Buy 111.70 133.00
N/A
Target Hit Long (1Y)
03-03-2017

Nirmal Bang maintains buy on NRB Bearing

The company has taken steps to address demand-related problems, which will boost revenue growth and is likely to achieve normal margin level after one-time additional provisioning gets over. Revise target price downwards to Rs 133, valuaing the stock at 18 times its FY18 estimated earnings of Rs 7.4.

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