Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

NRB Bearings Consolidated September 2022 Net Sales at Rs 257.52 crore, up 0.37% Y-o-Y

NRB Bearings fell 15.93% to Rs 151.50 after the company’s consolidated net profit declined 46.67% to Rs 12.56 crore on 0.37% increase in net sales to Rs 257.52 crore in Q2 September 2022 over Q2 September 2021.

NRB Bearings slumps after Q2 PAT drops 47% YoY

Company activities are not affected due to the incident.

NRB Bearings suffers minor fire accident at Thane plant

Wednesday is also the record date for dividends by Bharat Rasayan (Rs 1.5 per share), Garware Technical Fibres (Rs 7 per share), Transpek Industry (Rs 22.5 per share), Mangalore Chemicals & Fertilizers (Rs 1.2 per share), Yuken India (Re 0.8 per share),National Peroxide (Rs 5 per share), Emmbi Indus…

Corporate Radar: Acrysil, NRB Bearings to turn ex-dividend; right issues and more

Company’s commercial paper worth Rs85 crore was assigned CRISIL A1+ ratings by the agency.

NRB Bearings gains 2% as CRISIL reaffirms credit rating to ‘AA’

NRB Bearings Standalone December 2021 Net Sales at Rs 222.88 crore, down 5% Y-o-Y

Net Sales are expected to increase by 13.1 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs. 276.8 crore, according to ICICI Direct.

NRB Bearings Q3 PAT Seen Up 16.9% YoY To Rs. 27.2 Cr: ICICI Direct

NRB Bearings Ltd., incorporated in the year 1965, is a Small Cap company (having a market cap of Rs 1616.18 Crore) operating in Auto Ancillaries sector.

Buy NRB Bearings, target price Rs 220: ICICI Direct

NRB Bearings - Strong Deal Momentum To Drive Revenues: ICICI Direct

Sequent Scientific Ltd, TCNS Clothing Co. Ltd, Apcotex Industries Ltd and NRB Bearings Ltd are among the other losers in the BSE’s ‘A’ group today, 24 November 2021.

Spandana Sphoorty Financial Ltd leads losers in ‘A’ group

NRB Bearing is in hybrid vehicles across segments for Marquee customers in Europe and USA and in applications for E-Mobility vehicles across segments, which is the growth driver for exports

NRB Bearings hits over 2-year high; surges 25% in 4 days on strong outlook

NRB Bearings Limited is engaged in the manufacture of ball and roller bearing. The Company is engaged in the design and production of customized friction solutions.

NRB Bearings Ltd

NRB Bearings Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NRB Bearings Consolidated September 2022 Net Sales at Rs 257.52 crore, up 0.37% Y-o-Y

NRB Bearings slumps after Q2 PAT drops 47% YoY

NRB Bearings suffers minor fire accident at Thane plant

Corporate Radar: Acrysil, NRB Bearings to turn ex-dividend; right issues and more

NRB Bearings gains 2% as CRISIL reaffirms credit rating to ‘AA’

NRB Bearings Standalone December 2021 Net Sales at Rs 222.88 crore, down 5% Y-o-Y

NRB Bearings Q3 PAT Seen Up 16.9% YoY To Rs. 27.2 Cr: ICICI Direct

NRB Bearings Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NRB Bearings Consolidated September 2022 Net Sales at Rs 257.52 crore, up 0.37% Y-o-Y

NRB Bearings slumps after Q2 PAT drops 47% YoY

NRB Bearings suffers minor fire accident at Thane plant

Corporate Radar: Acrysil, NRB Bearings to turn ex-dividend; right issues and more

NRB Bearings gains 2% as CRISIL reaffirms credit rating to ‘AA’

NRB Bearings Standalone December 2021 Net Sales at Rs 222.88 crore, down 5% Y-o-Y

NRB Bearings Q3 PAT Seen Up 16.9% YoY To Rs. 27.2 Cr: ICICI Direct

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock