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NRB Industrial Bearings reply to clarification on price movement

28 Mar 2022 Evaluate
NRB Industrial Bearings has informed that the Company is fully complied with the SEBI (LODR) Regulations, 2015 and have submitted all relevant intimations to the Exchange, with reference to the events, information, etc. that have a bearing on the operation/performance of the Company which include all price sensitive information, etc. Further, the company assured that there is no information/announcement (including impending announcement) which in the company opinion may have a bearing on the price behavior in the scrip and in the opinion, the movements in the price of the company’s scrip is based on market related movement/factors.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Schaeffler India 3672.15
Timken India 2890.80
SKF India 1449.40
NRB Bearings 490.65
Menon Bearings 282.45
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