Buy NRB Bearings; target of Rs 140: Anand Rathi

Anand Rathi is bullish on NRB Bearings has recommended buy rating on the stock with a target price of Rs 140 in its research report dated August 17, 2016.

August 19, 2016 / 16:40 IST

26 Aug, 2025 12:21

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Anand Rathi's research report on NRB Bearings

Off-take for bearings in both OEM and aftermarket has supported NRB’s overall revenue growth. Also, with healthy margins, profit grew 33.9% yoy in Q1. Its increasing export focus would drive future growth. We maintain our Buy recommendation. For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Aug 19, 2016 04:40 pm

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