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NRB Bearings inches up on getting nod to raise funds up to Rs 100 crore

22 May 2018 Evaluate

NRB Bearings is currently trading at Rs. 159.40, up by 0.15 points or 0.09% from its previous closing of Rs. 159.25 on the BSE.

The scrip opened at Rs. 163.00 and has touched a high and low of Rs. 165.55 and Rs. 159.30 respectively. So far 23579 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 182.70 on 21-Dec-2017 and a 52 week low of Rs. 109.00 on 23-May-2017.

Last one week high and low of the scrip stood at Rs. 167.50 and Rs. 154.70 respectively. The current market cap of the company is Rs. 1544.95 crore.

The promoters holding in the company stood at 53.63%, while Institutions and Non-Institutions held 33.49% and 12.87% respectively.

NRB Bearings has received an approval to further issue Unsecured, Listed, Redeemable, Non-Convertible Debentures not exceeding Rs 100 crore on private placement basis. The Board of the company at their meeting held on May 21, 2018, approved the same.

NRB Bearings is a recognised leader in needle roller bearings, conventional cylindrical roller bearings and has developed a new generation of lightweight drawn cup bearings.


NRB Bearings Share Price

277.90 12.35 (4.65%)
16-Apr-2026 09:35 View Price Chart
Peers
Company Name CMP
Schaeffler India 4020.25
SKF India 1667.00
Timken India 3585.10
Rolex Rings 136.70
NRB Bearings 277.90
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