Calculate your SIP ReturnsExplore

O H L VOL


Days Range

Data is not available currently. Please check back later.

Data is not available currently. Please check back later.

About NRB Bearings

NRB Bearings, an Indo-French JV venture between Nadella, France and Trilochan Sahney is into manufacture of Needle roller bearings, Cylindrical roller bearings and Ball bearings. It pioneered the manufacture of needle roller bearings in India. The French partner holds 26% stake in the company. The Timken Co. USA in Oct 2002 which has acquired Engineered Solutions Business segment of Ingersoll-Rand Ltd as part of world wide acquisition. By this worldwide acquisition Timken got the voting rights of Nadella S.A. the JV partner thus resulting in Timken picking up a default acquisition of 26% equity stke in NRB Bearings. The company's activities are organised into three divisions -- general bearings, needle bearings and agency. The general bearings division set up in 1982 manufactures cylindrical roller bearings. It later diversified into spherical roller bearings and ball bearings in technical collaboration with Ransome Hoffman Pollard International (RHP), UK. In 1995, its product range was diversified again by including taper roller bearings with technical knowhow from SNR Roulements, France. In Apr.'91, Sahney Steel and Press Works was merged with it. NRB's list of customers include Maruti Udyog, Mahindra & Mahindra, Telco, Ashok Leyland, Bajaj Tempo, Bajaj Auto, LML, TAFE, Siemens, ABB, HMT, Kelvinator, Lucas TVS and LMW. The company's agency division, set up in 1980, acts as an intermediary for a number of foreign companies in UK, France, Germany and Switzerland such as RHP, Gamet, Nadella, Rollix, IBC, Rohm, Schneeberger, Kugler SA and Forsheda. NRB Bearings came out with a public issue in Mar.'95 to finance the installation of balancing equipment at its Jalna unit to increase productivity. The company has set up an engineering center at Thane to foster technological innovation and to move towards becoming a bearings solution provider. To further develop knowledge on bearing applications, the full fledged testing facilities and computer aided design center has been setup. The company has implemented expansion for enhanced capacity in the general bearings division, which has resulted in additional capacity of 2.1 million nos. for various type of ball and roller bearings in the year 1999-2000. The Company have a jointvernture comany and two subsidiary companies. The jointventure company NRB Torrington is set up in collaboration with the Torrington Company, US. to manufacture wide inner ring ball bearings and housed units. Commercial production of this company started during the year 1994-95. Essen Marketing Services Ltd., one of the subsidiary of the company is into agency business. While the other SNL Bearings(SNL) formerly Shriram Needle Bearing Industries Ltd., is into manufacture of Needle Roller Bearings. SNL became the subsidiary of NRB Bearings with effective from June 1, 2001 by the acquisition of 63.98% of the equity capital of SNL partly from SRF Ltd. and their associates (45.78%) and under the public offer made under SEBI guidelines. Currently the parent company is taking various measures for SNL's turnaround. This acquisition will enable the company to become significantly stronger player in the needle bearing segment in the country. On quality front all the plants of the company and its corporate office is accredited with QS-9000 certificate by TUV, the internationally acclaimed registrars. Earlier the company and all its plants have been certified for ISO-9002.

Parent Organisation
Indian Private
Managing Director
Tashwinder Singh
Founded
1965
NSE Symbol
NRBBEARING

Peer Comparision

StocksMarket Cap (cr)Market Price (₹)52 Week Low-High (₹)

Community Discussion

A
AngelOne
10th July 2024
0 Likes
0 Replies

A
AngelOne
10th July 2024
NRB Bearings Ltd-latest-market-updates-35113
0 Likes
0 Replies

Nrb Bearings Ltd FAQs

Nrb Bearings Ltd (NRBBEARING) share price as of July 15, 2024, on NSE is Rs 333.25 (NSE) and Rs 333.25 (BSE) on BSE.
Yes, You can buy Nrb Bearings Ltd (NRBBEARING) shares by opening a Demat account with Angel One.
Nrb Bearings Ltd (NRBBEARING) share can be bought through the following modes:
1. Direct investment: You can buy Nrb Bearings Ltd (NRBBEARING) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Nrb Bearings Ltd (NRBBEARING) shares.
Open Free Demat Account!

Enjoy Zero Brokerage on Equity Delivery

Join our 2 Cr+ happy customers

+91
Top Stocks

VIEW ALLView All Stocks

Top Gainers





VIEW ALLView All Stocks

Top Losers





VIEW ALLView All Stocks

Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link
Open Free Demat Account!
Enjoy Zero Brokerage on Stock Investments.