NRB Bearings Ltd

NRB Bearings Ltd – Long Term Investment

NRB BEARINGS LTD Founded in 1965, NRB BEARINGS LTD was the first company to manufacture needle roller bearings in India. For over 40 years NRB BEARINGS LTD has pioneered the leading edge of bearing technology, In 2000 NRB BEARINGS LTD established a dedicated Engineering & Design Centre at Thane, which has since been recognized by the Indian Department of Science & Technology as a world-class research and development facility. Over the past decade the Engineering & Design Centre has remained on the cutting edge, and it is equipped with state-of-the-art design and modeling software, benchmarking equipment, and testing and simulation facilities.

Today over 90% of vehicles on Indian roads run on NRB BEARINGS LTD parts. Since its inception, NRB BEARINGS LTD has grown beyond its signature product to offer a wide range of high-precision friction solutions not only in the automotive sector, but across all mobility applications.

At NRB BEARINGS LTD expertise and knowhow covers the full range of bearing design, they design own customized software and machinery to simulate the production process. NRB BEARINGS LTD plants use automated production and assembly machinery designed by our own engineers.

NRB BEARINGS LTD is the global benchmark for quality and innovative design in high-precision friction solutions. NRB BEARINGS LTD Bearings is a recognized leader in needle roller bearings, conventional cylindrical roller bearings and has developed a new generation of lightweight drawn cup bearings.

This company continuously increase their Sales, Profit and Reserve, Have a look Some statistics of NRB BEARINGS LTD

Market Cap.: 1,395.84 Cr

Current Price: 144.05

Book Value: 38.20

Stock P/E: 25.65

Face Value: 2.00

Listed on BSE and NSE

Company Website52 Week High/Low: 157.20 Rs / 100.00 Rs

One Can Buy this stock at current market price (CMP: 144 Rs) For Long Term.