SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Schaeffler India rises on launching innovative Planetary Gear System from Schaeffler’s Hosur Plant

25 Jun 2024 Evaluate

Schaeffler India is currently trading at Rs. 4675.55, up by 25.10 points or 0.54% from its previous closing of Rs. 4650.45 on the BSE.

The scrip opened at Rs. 4640.05 and has touched a high and low of Rs. 4814.50 and Rs. 4640.05 respectively. So far 6617 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4950.00 on 18-Jun-2024 and a 52 week low of Rs. 2616.05 on 02-Nov-2023.

Last one week high and low of the scrip stood at Rs. 4857.80 and Rs. 4625.00 respectively. The current market cap of the company is Rs. 73157.15 crore.

The promoters holding in the company stood at 74.13%, while Institutions and Non-Institutions held 20.31% and 5.55% respectively.

Schaeffler India has launched its innovative Planetary Gear System (PGS) from Schaeffler’s Hosur Plant. This solution is specifically designed for Dedicated Hybrid Transmission (DHT) vehicles in India. This innovative product marks a significant step forward in the Indian automotive sector, aligning with the Government of India’s ‘Make in India’ initiative and the growing demand for hybrid vehicles.

PGS by Schaeffler India will not only enhance vehicle performance but also offer several benefits to OEM partners. By manufacturing these systems locally, the company is offering a robust value proposition to its OEM partners. This local production ensures Schaeffler India brings its global innovation and quality to local OEM partners in India.

Schaeffler India is actively engaged in innovating and shaping the global pace of change.

Schaeffler India Share Price

4085.85 85.15 (2.13%)
20-Apr-2026 16:01 View Price Chart
Peers
Company Name CMP
Schaeffler India 4085.85
SKF India 1747.60
Timken India 3483.50
Rolex Rings 140.00
NRB Bearings 300.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×