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.