NRB Bearings Share Price Target Tomorrow 2024 To 2030- Current Chart, Market Overview

NRB Bearings Limited is a leading manufacturer of high-precision bearings based in India. Established in 1965, the company specializes in needle roller bearings, cylindrical roller bearings, and other custom-made bearing solutions. These products are essential for various industries, including automotive, industrial machinery, and aerospace. NRB Bearings Share Price on NSE as of 4 December 2024 is 306.35 INR. Here are more details on NRB Bearings Share Price Target 2024, 2025, 2026 to 2030.

NRB Bearings Limited: Market Overview

• Open Price: ₹308.90
• High Price: ₹311.05
• Low Price: ₹302.00
• Previous Close: ₹306.45
• Volume: 253,925
• Value (Lacs): ₹775.87
• VWAP: ₹305.25
• UC Limit: ₹367.70
• LC Limit: ₹245.20
• P/E ratio: 11.56
• Div yield: 1.49%
• 52-wk high: ₹401.55
• 52-wk low: ₹242.60
• Mkt cap: ₹2.97KCr
• Face Value: ₹2

Bearings Share Price Chart

Bearings Share Price Target Tomorrow 2024 To 2030

Bearings Share Price Target 2024

NRB Bearings share price target 2024 Expected target could be ₹402. Here are four key factors that could affect the growth of NRB Bearings Ltd’s share price target in 2024:

1. Growth in Automotive Industry: As a major supplier of bearings to the automotive sector, rising demand for vehicles, including electric and hybrid models, can drive increased orders and revenue for NRB Bearings.
2. Expansion into Global Markets: Strengthening its presence in international markets through exports and partnerships could diversify revenue streams and protect against regional economic slowdowns.
3. Technological Advancements: Continued investment in research and development to create advanced, high-performance bearings can attract more customers and improve the company’s competitive position.

4. Infrastructure and Industrial Growth: Increased activity in construction, manufacturing, and infrastructure development can lead to higher demand for industrial machinery, boosting the need for NRB Bearings’ products.

Bearings Share Price Target 2025

NRB Bearings share price target 2025 Expected target could be ₹420. Here are four key factors that could affect the growth of NRB Bearings Ltd’s share price target in 2025:

1. Rising Demand from EV Segment: With the increasing adoption of electric vehicles (EVs), NRB Bearings has an opportunity to supply specialized bearings for EV applications, driving significant revenue growth.
2. Diversification Across Sectors: Expanding its product applications into non-automotive industries like renewable energy, railways, and aerospace could open new revenue streams and reduce dependency on the automotive sector.
3. Cost Optimization Initiatives: Implementing efficient manufacturing practices and leveraging economies of scale can improve profit margins, positively influencing the company’s financial performance.

4. Government Incentives for Manufacturing: Policies promoting “Make in India” and infrastructure development could boost domestic demand for industrial and automotive bearings, strengthening the company’s growth prospects.

Bearings Share Price Target 2030

NRB Bearings share price target 2030 Expected target could be ₹580. Here are four risks and challenges that could impact NRB Bearings Ltd’s share price target in 2030:

1. Technological Disruptions: Advancements in alternative technologies, such as frictionless or magnetic bearings, could reduce demand for traditional bearings, affecting NRB Bearings’ market share and revenue.
2. Dependence on Automotive Sector: A significant portion of the company’s business comes from the automotive industry. Any slowdown in this sector, especially with evolving EV technologies, could negatively impact sales.
3. Raw Material Price Volatility: Fluctuating costs of steel and other raw materials could increase production expenses, putting pressure on profit margins, especially in a highly competitive market.

4. Global Economic Uncertainty: Geopolitical tensions, trade restrictions, or economic slowdowns in key markets could disrupt exports, limit growth opportunities, and create supply chain challenges.

Shareholding Pattern For NRB Bearings Limited

• Promoters: 51.16%
• Retail and Others: 18.02%
• Mutual Funds: 17.07%
• FII: 13.74%

NRB Bearings Limited Financials

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