SNL Bearings Ltd
SNL Bearings | 505827
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About Company
- SNL Bearings Limited, earlier known Shriram Needle Bearing Industries Limited established in 1983, is engaged in the manufacture and marketing of antifriction bearing products
- SNL was promoted by then the Shriram Group of Industries in technical collaboration with INA Germany
- By virtue of being associated with INA, SNL got the opportunity to have one of the finest Technologies in the world in Needle Bearing manufacturing
- It became associated with India's most progressive business group in the field in June 2000 when the Holding Company, NRB Bearings Limited took over the management of the unit
- The Company changed its name to SNL Bearings Limited from Shriram Needle Bearing Industries Limited in 2002
- SNL is only manufacturer of needle roller bearings in Eastern India, at Ranchi
- The Company operates in the anti-friction bearing industry and major user industrial of anti-friction bearings are automobiles, general engineering, railways, electrical equipment manufactures etc
- It manufactures mostly needle bearing products and operates in markets such as Automotive OEMs, After Market and Exports
- Stabilisation of production system, de-bottleneck in some of the existing product lines and development of new products have resulted in a remarkable uptrend in the performance of the Company in 1994-95
- According to a BIFR order, interest due to financial institutions was converted into equity at par with effect from 1 Apr
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Frequently Asked Questions
What is Share Price of SNL Bearings Ltd?
The current share price of SNL Bearings Ltd (SNL Bearings) is ₹380.65. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of SNL Bearings Ltd?
SNL Bearings Ltd has a 52-week high of ₹429.95 and a 52-week low of ₹299.70. This range shows the stock's price volatility over the past year.
What is the ROE of SNL Bearings Ltd?
SNL Bearings Ltd has a Return on Equity (ROE) of 17.05%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
