News

CFF Fluid Control touches roof on receiving contract from Mazagon Dock Shipbuilders Schaeffler India is currently trading at Rs. 3027.05, up by 8.55 points or 0.28% from its previous closing of Rs. 3018.50 on the BSE. The scrip opened at Rs. 2975.05 and has touched a high and low of Rs. 3041.65 and Rs. 2975.05 respectively. So far 613 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3968.75 on 15-Sep-2022 and a 52 week low of Rs. 2554.75 on 30-Jan-2023. Last one week high and low of the scrip st...
CFF Fluid Control touches roof on receiving contract from Mazagon Dock Shipbuilders
CFF Fluid Control touches roof on receiving contract from Mazagon Dock Shipbuilders
Source: Accord Fintech
28/08/2023 3:40:31 PM
Schaeffler India posts single-digit profit growth for second straight quarter Automotive and industrial components maker Schaeffler India posted a 5.1% rise in profit on Wednesday, its second straight quarter of single-digit growth, as demand for its industrial products fell and margins remained flat. Schaeffler India, a unit of Germany-based Schaeffler AG, said profit rose to 2.37 billion rupees ($28.90 million) for the second-quarter ended June 30, compared to 2.26 billion rupees a year earlier. The slowing growth meant the company posted its smallest quarterly...
Schaeffler India posts single-digit profit growth for second straight quarter
Schaeffler India posts single-digit profit growth for second straight quarter
Source: Reuters
26/07/2023 7:59:37 PM
Hold Schaeffler India Ltd For Target Rs.3,000 - JM Financial Services Demand hiccups in key segments to slow earnings momentum Schaeffler India 4QCY22 numbers were above of estimates. Net sales were up 18% YoY (inline with JMFe), while EBITDA was up by 20% YoY (9% above JMFe). Domestic automotive segment was up 21% YoY, while industrial segment was muted, registering flat growth YoY. Exports saw a solid growth of 55% YoY due to relocation of plants. Margins came in better at 19.2% (vs JMFe: 18%) due to better mix as automotive aftermarket (in domestic) and e...
Hold Schaeffler India Ltd For Target Rs.3,000 - JM Financial Services
Hold Schaeffler India Ltd For Target Rs.3,000 - JM Financial Services
Source: JM Financial Services
7/03/2023 1:17:20 PM
Schaeffler India Q2 net profit jumps 76.19% at Rs 225.75 cr The company reported standalone net profit of Rs 225.75 crore for the quarter ended June 30, 2022 as compared to Rs 128.13 crore in the same period last year, registering a year-on-year growth of 76.19 per cent. Net revenue of the company rose substantially by 41.85 per cent at Rs 1,748.83 crore in April-June quarter of this fiscal as against Rs 1,232.89 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 39.12 per cent to Rs 1,427.10 cro...
Schaeffler India Q2 net profit jumps 76.19% at Rs 225.75 cr
Schaeffler India Q2 net profit jumps 76.19% at Rs 225.75 cr
Source: Dion Global Solutions Ltd
28/07/2022 9:38:53 AM
Schaeffler India enters into business transfer agreement with Catensys India Schaeffler India has entered into a business transfer agreement with Catensys India, for sale of the Chain Drive business of the Company, by way of a slump sale, on a going concern basis, for a lumpsum consideration of Rs 29.42 crore. Schaeffler India has its presence in automotive and across all core industrial segments.
Schaeffler India enters into business transfer agreement with Catensys India
Schaeffler India enters into business transfer agreement with Catensys India
Source: Accord Fintech
1/07/2022 12:22:32 PM
Schaeffler inches up on focusing on electric mobility Schaeffler India is currently trading at Rs. 2188.75, up by 4.95 points or 0.23% from its previous closing of Rs. 2183.80 on the BSE. The scrip opened at Rs. 2152.00 and has touched a high and low of Rs. 2236.60 and Rs. 2152.00 respectively. So far 1962 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2489.40 on 31-May-2022 and a 52 week low of Rs. 1029.00 on 14-Jun-2021. Last one week high and low of the scrip s...
Schaeffler inches up on focusing on electric mobility
Schaeffler inches up on focusing on electric mobility
Source: Accord Fintech
14/06/2022 12:02:28 PM
Schaeffler India trades higher as its Automotive Aftermarket division launches premium range of wiper blades 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 ...
Schaeffler India trades higher as its Automotive Aftermarket division launches premium range of wiper blades
Schaeffler India trades higher as its Automotive Aftermarket division launches premium range of wiper blades
Source: Accord Fintech
25/05/2022 4:32:06 PM
Schaeffler India inches up on getting nod for sale of chain drive business undertaking to Catensys India Schaeffler India is currently trading at Rs. 2091.95, up by 9.45 points or 0.45% from its previous closing of Rs. 2082.50 on the BSE. The scrip opened at Rs. 2108.65 and has touched a high and low of Rs. 2111.15 and Rs. 2086.90 respectively. So far 382 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. 1011.57 on 24-May-2021. Last one week high and low of the scrip st...
Schaeffler India inches up on getting nod for sale of chain drive business undertaking to Catensys India
Schaeffler India inches up on getting nod for sale of chain drive business undertaking to Catensys India
Source: Accord Fintech
24/05/2022 9:51:56 AM
Buy Schaeffler India Ltd For Target Rs.2,110 - Edelweiss Financial Services Strong performance despite headwinds Schaeffler India (SCHFL) reported strong Q4CY21 sales growth of 20% YoY/ 2% QoQ, 17% ahead of estimates, driven by outperformance across domestic segments, strong exports and commodity cost passthrough. This led to EBITDA growth of ~25% YoY (35% above estimate) and an uptick of 90bp YoY/110bp QoQ in EBITDA margin to 18.8%. SCHFL has embarked on capex of INR10bn to be incurred over three years focusing on conventional, hybrid as well as rising localisati...
Buy Schaeffler India Ltd For Target Rs.2,110 - Edelweiss Financial Services
Buy Schaeffler India Ltd For Target Rs.2,110 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
21/02/2022 10:19:05 AM
Buy Schaeffler India Ltd For Target Rs.1,950 - JM Financial Services Favourable mix and new order wins drive outperformance Schaeffler India EBITDA was slightly ahead of our estimates; which were 20% above consensus. Net sales were up 20% YoY (2% below JMFe), while EBITDA was up by 25% YoY (3% above JMFe). Strong growth was led by accelerated performance in automotive aftermarket and exports. Domestic automotive segment was up 12% YoY given new order wins in transmission and lubricants verticals, while industrial segment was up 19% YoY (exrailways: flat YoY...
Buy Schaeffler India Ltd For Target Rs.1,950 - JM Financial Services
Buy Schaeffler India Ltd For Target Rs.1,950 - JM Financial Services
Source: JM Financial Services Ltd
18/02/2022 1:24:02 PM
Technical Stock Pick - Buy Schaeffler India Ltd For Target Rs. 8150 - HDFC Securities Technical Stock Pick - Buy Schaeffler India Ltd For Target Rs. 8150 - HDFC Securities  TECHNICAL OBSERVATIONS Flag Pattern Breakout is seen on the daily chart Stock has broken out from last 5 week’s price consolidation In the Month of July 2021, Stock registered multiyear breakout with jump in volumes Indicator and Oscillator setup has been holding bullish on weekly charts Short term moving averages are placed above medium to long term moving a...
Technical Stock Pick - Buy Schaeffler India Ltd For Target Rs. 8150 - HDFC Securities
Technical Stock Pick - Buy Schaeffler India Ltd For Target Rs. 8150 - HDFC Securities
Source: HDFC Securities Ltd
23/08/2021 12:39:51 PM
Schaeffler India Q4 net profit jumps 67.50% at Rs 141.62 cr The company reported standalone net profit of Rs 141.62 crore for the quarter ended December 31, 2020 as compared to Rs 84.55 crore in the same period last year, registering a year-on-year growth of 67.50 per cent. Net revenue of the company rose substantially by 22.90 per cent at Rs 1,273.77 crore in October-December quarter of this fiscal as against Rs 1,036.47 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 17.45 per cent to Rs ...
Schaeffler India Q4 net profit jumps 67.50% at Rs 141.62 cr
Schaeffler India Q4 net profit jumps 67.50% at Rs 141.62 cr
Source: Religare Technova
17/02/2021 9:53:07 AM
Buy Schaeffler India Ltd For Target Rs.4,845 - Sushil Finance We had initiated coverage on Schaeffler India Ltd on April 21, 2020 at a market price of Rs. 3,340 for a target price of Rs 4,845, showcasing an upside of ~45%. Schaeffler is currently trading at a market price of Rs.4,965, above our target price. Since the stock has breached our target price and yielded our expected return, we advise investors to book profits at current levels and change our rating for Schaeffler India to Neutral.   To Read Complete Report & Disclaimer Clic...
Buy Schaeffler India Ltd For Target Rs.4,845 - Sushil Finance
Buy Schaeffler India Ltd For Target Rs.4,845 - Sushil Finance
Source: Sushil Finance Ltd
9/02/2021 12:13:10 PM