NRB Bearings
281.60
-4.55(-1.59%)
Market Cap₹2,729.34 Cr
PE Ratio20.51
IndustryAutomobiles
Company Performance:
1D-1.59%
1M+0.07%
6M+35.67%
1Y-13.92%
5Y+233.06%
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More news about NRB Bearings
28Apr 25
NRB Bearings Unveils ₹200 Crore Expansion Plan to Support Major European OEM Programs
NRB Bearings Limited has approved a ₹200 crore capacity expansion plan over the next two years to support ₹600 crore worth of lifetime nominated business from major European automotive manufacturers. The investment will enhance production capacity for various bearings, upgrade heat treatment capabilities, and improve infrastructure. The company has secured nominations from Magna and other European customers for advanced hybrid, electric, and ICE programs, including partnerships with BMW, Stellantis, Renault, and Mercedes-Benz. NRB Bearings has also secured an additional ₹12 crore in lifetime business for next-generation E-Drive platforms, bringing its total nominated business for these platforms to ₹412 crore.
25Apr 25
NRB Bearings Announces ₹200 Crore Investment for Capacity Expansion
NRB Bearings Limited has approved a ₹200 crore investment for capacity expansion across multiple facilities, including R&D Centre, Jalna, Chikalthana, Waluj, and Hyderabad plants. The expansion aims to increase production capacity by 15-25% for various bearing products. Implementation is planned over two years, with new capacity expected by Q4 FY 2026-2027. Financing will be through debt and internal accruals. The company also announced key appointments, including a new Company Secretary and Secretarial Auditor.
NRB Bearings
281.60
-4.55
(-1.59%)
1 Year Returns:-13.92%
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