scorecardresearchTimken India stock drops 6% after Q2 earnings; trading at one-month low

Timken India stock drops 6% after Q2 earnings; trading at one-month low

Updated: 02 Nov 2022, 08:08 AM IST
TL;DR.
On September 09, the stock hit an all-time high of Rs.3,493. The stock began to rise in May after falling to a 52-week low of 1,734, and it has since given its shareholders a 65.45% return. Timken India commands a market capitalization of Rs. 21,362.12 crore.
Timken India is primarily into the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry.

Timken India is primarily into the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry.