scorecardresearchSchaeffler India: This small-cap auto stock surged 120% in a year; Net profit rises 76% in Q1

Schaeffler India: This small-cap auto stock surged 120% in a year; Net profit rises 76% in Q1

Updated: 05 Sep 2022, 11:52 AM IST
TL;DR.
Schaeffler India. is a small-cap Auto stock with a market capitalization of 49,105.9 crore. The company is engaged in the development, manufacturing, and distribution of high-precision roller and ball bearings. The stock gained 37.87% in a month to 3,141.70 from 2,780.50.
The company's net profit has been steadily increasing in recent quarters. It recorded a net profit of 170.8 crore in the September 2021 quarter, 190.6 crore in the December 2022 quarter, and 207.1 crore in the previous quarter.

The company's net profit has been steadily increasing in recent quarters. It recorded a net profit of 170.8 crore in the September 2021 quarter, 190.6 crore in the December 2022 quarter, and 207.1 crore in the previous quarter.