Profit

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

NSE
618.10
Change Change %
-0.70 -0.11%

Updated:24 Sep, 2018, 15:51 PM IST

BSE
616.90
Change Change %
-4.90 -0.79%

Updated:24 Sep, 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
23-05-2016 Buy 547.95 650.00
N/A
Target Hit Long (1Y)
23-05-2017

Nirmal Bang maintains buy on Timken India

Timken India's Q4 revenue growth was below estimates but margin expansion was a surprise. Its EBITDA grew 58 per cent on the back of 472 basis points expansion in EBITDA margin. Its revenue and net profit are expected to grow at a CAGR of 16 per cent and 17 per cent respectively over FY15-18. The company has better revenue visibility and growth coupled with superior margin profile.

Top