Timken India (TIL) is primarily into the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry. The operating cash flow is also seen increasing year after year.Currently, the stock trades at 32x of its earnings and delivers 21.7% RoCE. It also pays an average annual dividend of 20%. Hence, recommend BUY on the stock.
| CMP | NA |
|---|---|
| Target Price | NA |
| Investment Period | 12 Months |
The Government's fiscal deficit target for FY2024-25 is set at 5.1%, which was better than
The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GD
The Government's fiscal deficit target for FY2024-25 is set at 5.1%, which was better than
The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GD
We expect the Union Budget 2022-23 will focus on gradual fiscal consolidation though there
Post the Covid-19 pandemic there are expectations that the budget would contain measures t
Size of economic stimulus announced is below market expectations
 The Finance minister
Focus on agriculture and MSME sector along expected lines
 The Finance minister has an
Johnson Contls-Hitachi Air Conditioning India is engaged in the business of
 manufactu
The Government's fiscal deficit target for FY2024-25 is set at 5.1%, which was better than
The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GD
The Government's fiscal deficit target for FY2024-25 is set at 5.1%, which was better than
The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GD
We expect the Union Budget 2022-23 will focus on gradual fiscal consolidation though there
Post the Covid-19 pandemic there are expectations that the budget would contain measures t
Size of economic stimulus announced is below market expectations
 The Finance minister
Focus on agriculture and MSME sector along expected lines
 The Finance minister has an
Johnson Contls-Hitachi Air Conditioning India is engaged in the business of
 manufactu
The Government's fiscal deficit target for FY2024-25 is set at 5.1%, which was better than
The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GD
The Government's fiscal deficit target for FY2024-25 is set at 5.1%, which was better than
The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GD
We expect the Union Budget 2022-23 will focus on gradual fiscal consolidation though there
Post the Covid-19 pandemic there are expectations that the budget would contain measures t
Size of economic stimulus announced is below market expectations
 The Finance minister
Focus on agriculture and MSME sector along expected lines
 The Finance minister has an
Johnson Contls-Hitachi Air Conditioning India is engaged in the business of
 manufactu
