Schaeffler India trades higher as its Automotive Aftermarket division launches premium range of wiper blades
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Schaeffler India is currently trading at Rs. 2118.95, up by 19.70 points or 0.94% from its previous closing of Rs. 2099.25 on the BSE.
The scrip opened at Rs. 2129.80 and has touched a high and low of Rs. 2174.35 and Rs. 2104.85 respectively. So far 1917 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2437.05 on 29-Apr-2022 and a 52 week low of Rs. 1016.83 on 25-May-2021.
Last one week high and low of the scrip stood at Rs. 2199.15 and Rs. 2003.80 respectively. The current market cap of the company is Rs. 33156.70 crore.
The promoters holding in the company stood at 74.13%, while Institutions and Non-Institutions held 20.44% and 5.43% respectively.
Schaeffler India’s Automotive Aftermarket division has launched premium range of wiper blades under Schaeffler TruPower label. The wiper blades come in unique features - in both frames and frameless variants viz., Premium Plus and Ultra Premium respectively. The blades are developed especially for providing high performance wiping and better visibility in any weather condition.
The Premium Plus frame wipers are made with superior rubber with graphite coating for better and quiet wiping. The robust and rust-resistant metal frame provides longer life. Schaeffler TruPower Ultra Premium frameless wipers offer flat-blade technology, which delivers excellent performance in all weather conditions. Its aerodynamic wind spoiler stops the blade lift-off during high-speed travels.
Schaeffler India has its presence in automotive and across all core industrial segments.
