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In August, the company had announced the acquisition of KRSV Innovative Auto Solutions Pvt Ltd, or Koovers, for about Rs 142 crore.

Schaeffler India rises as acquisition of KRSV Innovative Auto Solutions completes

Sharekhan is bullish on Schaeffler India has recommended buy rating on the stock with a target price of Rs 3928 in its research report dated September 06, 2023.

Buy Schaeffler India; target of Rs 3928: Sharekhan

Schaeffler Ind Standalone June 2023 Net Sales at Rs 1,829.14 crore, up 4.59% Y-o-Y

Sharekhan is bullish on Schaeffler India has recommended buy rating on the stock with a target price of Rs 3406 in its research report dated July 27, 2023.

Buy Schaeffler India; target of Rs 3406: Sharekhan

Schaeffler Ind Standalone March 2023 Net Sales at Rs 1,693.62 crore, up 8.05% Y-o-Y

Sharekhan is bullish on Schaeffler India has recommended buy rating on the stock with a target price of Rs 3328 in its research report dated April 19, 2023.

Buy Schaeffler India; target of Rs 3328: Sharekhan

Net Sales at Rs 1,693.62 crore in March 2023 up 8.05% from Rs. 1,567.51 crore in March 2022.

The operating profit margin dropped to 18.58 percent for the said quarter, down by 109 bps compared to 19.67 percent in corresponding period last fiscal, impacted by higher input cost.

Schaeffler India Q1 profit rises 6% to Rs 219.4 crore, but operating margin contracts

Schaeffler India Ltd. manufactures ball, cylindrical roller, and spherical roller bearings related components in India. The company's products are used in automotive, production machinery, power transmission, machine tools, steel, cement, mining, construction, wind power, paper, rail technology, aerospace and heavy industry. Its provides system solutions for wheels, power train and engine accessories which support the automotive industry's need for safety, driving comfort and environment protection. The company was founded on April 27, 1962 and is headquartered in Pune, India.

Watchers	51
52-Wk Low	2,555.55
52-Wk High	3,726.05

Market Cap	487.66B
Volume (M)	82,706.00
52-Wk High	3,726.05
52-Wk Low	2,555.55

SCHAEFFLER.NSE Schaeffler India Ltd.

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