Buy Schaeffler India: target of Rs 10,678: Sharekhan

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Sharekhan's research report on Schaeffler India

SIL is expected to perform strongly in Q4CY21E, with record sales and profitability growth, led by order wins and margin improvement. Exports is a high-growth area for SIL, given the pedigree of its parent company. Greater localisation and focus on market share gains would aid revenue and EBITDA growth going forward. We expect its earnings to report a 64% CAGR during CY2020-CY2022E. Stock trades at a P/E of 37.9x and EV/EBITDA of 22.4x its CY2022E estimates.

Outlook

We retain our Buy recommendation on Schaeffler India Limited (SIL) with a revised PT of Rs. 10,678, led by a strong outlook for its automotive and industrial businesses, and better multiples.

More Info

At 15:19 hrs Schaeffler India was quoting at Rs 9,450.75, up Rs 162.15, or 1.75 percent.

It has touched an intraday high of Rs 9,510.60 and an intraday low of Rs 9,176.10.

It was trading with volumes of 831 shares, compared to its thirty day average of 1,413 shares, a decrease of -41.18 percent.

In the previous trading session, the share closed up 1.28 percent or Rs 117.70 at Rs 9,288.60.

The share touched its 52-week high Rs 9,382.00 and 52-week low Rs 4,260.00 on 04 January, 2022 and 02 February, 2021, respectively.

Currently, it is trading 0.73 percent below its 52-week high and 121.85 percent above its 52-week low.

Market capitalisation stands at Rs 29,543.74 crore.

For all recommendations report, 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.

Read More