Menon Bearings Ltd Overview
Fundamentals of Menon Bearings Ltd
|P/E Ratio (TTM)||24.22|
|Debt to Equity||0.11|
Financials of Menon Bearings Ltd
|Dec 2022||Mar 2023|
|Profit before tax||10.31||11.35|
|EPS in Rs||1.38||1.64|
About Menon Bearings Ltd
Incorporated as a public limited company on 4 Jul.'91, Menon Bearings (MBL) commenced business on 23 Sep.'91. Promoted by Menon Pistons, MBL manufactures thin-walled engine bearings, bushings and thru ... st washers. It came out with a public issue in Jan.'93 to part-finance its Rs 8.17-cr project to manufacture the above items and to meet long-term working capital requirements. The plant is located at MIDC, Kolhapur. MBL has a technical agreement with King, Israel, which provides technical know-how for design, manufacture and commissioning. MPL supplies to OEMs like Telco, Maruti Udyog, Mahindra & Mahindra, Kirloskar Cummins, Greaves, Eicher, etc. It currently exports to UK, Egypt, Spain, Israel and USA. MBL has undertaken an expansion programme to manufacture babbit strips. During 1996, the company was awarded ISO 9002 certificate. The manufacturing capacity of Bushes was increased from 2700000 to 3600000 nos per annum and Thrust Washers from 565000 to 1400000 nos per annum. A new rolling process for manufacture of flanged bearings was designed and introduced successfully by the company during 2000-2001. Read More
|Stocks||Market Cap (cr)||Market Price (₹)||52 Week Low-High (₹)|
|Bimetal Bearings Ltd||₹164.42||
|465.1 - 479.8|
|SKP Bearing Industries Ltd||₹278.05||
|160 - 167.5|
|NRB Industrial Bearings Ltd||₹43.04||
|17.85 - 18.25|
|Timken India Ltd||₹25,012.11||
|3325 - 3375|
|SKF India Ltd||₹22,007.06||
|4404 - 4466.3|
What is the Share price of Menon Bearings Ltd (MENONBE)?
Can I buy Menon Bearings Ltd (MENONBE) shares?
How do I buy Menon Bearings Ltd (MENONBE) from Angel One?
- Direct investment: You can buy Menon Bearings Ltd (MENONBE) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Menon Bearings Ltd (MENONBE) shares.