NRB Bearing Limited
Share Price Target & Analysis
NSE:NRBBEARING
VWAP
Open
Close
High
Low
52 Week High
2.95 (1.06%)
NRBBEARING
(INDUSTRIAL MANUFACTURING)Turnaround Potential
52 Week Low
EPS
PE
PB
Standard
Quality
Steel
Valuation
#Analysis
NSE: NRBBEARING Share Price Financial Analysis & Valuation
NRB Bearing Limited (NRBBEARING) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Bearings vertical.
It is one of Small Cap company with Market Capitalization of Rs 1560.5 (in Cr). Total number of free float shares are 9.7 (in Lacs).
NRB Bearing Limited is listed on NSE with Exchange ID - INE349A01021 and trading code is NSE:NRBBEARING with short name NRB Bearings.
In the past 1 year, NRB Bearing Limited has declared an equity dividend of Rs 2 per share. At the current share price of NRBBEARING at Rs 281.55, this results in a dividend yield of 0.71 %.
As per the Fundamental Analysis of NSE:NRBBEARING, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NRBBEARING underlying value and future prospects. All of this data is available in NRBBEARING financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:NRBBEARING, it is clearly understood that NRBBEARING is Standard performer in terms of earnings and profit margins with an EPS of 24.47. NSE:NRBBEARING book value per share as of today is 87.34. The current price to book ratio for NRBBEARING as of Nov 23, 2024 is 3.22.
Valuation of the Stock: The current valuation of NRBBEARING stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NRBBEARING whether to BUY this stock at current valuation. The delivery percentage of NRBBEARING is 46.74% is very crucial parameter which shows that 46.74% investors are anticipating that the price of NRBBEARING share should go up with VWAP at 278.83.
Now, the main question is whether to BUY or SELL, NSE:NRBBEARING at current valuation.
As per latest Analysis No. #2700:-
⇑ STRONG BUY NRBBEARING if All Greens
⇗ BUY NRBBEARING (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD NRBBEARING (With Stop Loss) if only 1 Green
⇘ SELL NRBBEARING if NO Green Indicator
NSE: NRBBEARING Share Price Today (Nov 23, 2024)
(NRB Bearing Limited Daily Analysis on the basis of NRBBEARING Intraday Graph & Trend)
NRB Bearing Limited share price moved Up by 1.06% from its previous close of Rs 278.6. NRBBEARING stock last traded price is 281.55. NRBBEARING share price trend is Up with a total of 86821 stocks traded till now. It has touched an intraday high of Rs 283.5 and an intraday low of Rs 275.8. The NRBBEARING trading at 281.55, Up by Rs. 2.95, or 1.06 percent which suggests that most of the Traders are anticipating that the price of NRBBEARING share should go Up.
NSE: NRBBEARING Share Price Tomorrow Prediction
(NRB Bearing Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NRBBEARING)
NRB Bearing Limited share price moved Up by 1.06%. NRBBEARING share price short term trend is Up. It suggests that NRBBEARING Share Price for Tomorrow remains the same with VWAP at 278.83 will be treated as stop loss for intraday traders. NRB Bearing Limited Long term investors can follow the NRBBEARING long term trend as mentiond in future forecast table.
NSE Code |
NSE: NRBBEARING |
NRBBEARING Share Price Today |
281.55 |
NRBBEARING Share Price Target Prediction for 2024 ^ |
254.3 - 341.9 |
NRBBEARING Share Price Target Prediction for 2025*^ |
341.9 - 429.9 |
NRBBEARING Share Price Target Prediction for 2026*^ |
429.9 - 460 |
NRBBEARING Share Price Target Prediction for 2027*^ |
483 |
NRBBEARING Share Price Target Prediction for 2028*^ |
497 |
NRBBEARING Share Price Target Prediction for 2030*^ |
542 |
NRBBEARING Current Book Value 2023 |
86.9 |
*NRB Bearing Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NRBBEARING share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
NRBBEARING Technical Analysis
Candlestick Pattern: @273.75MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 281.73 | SELL | 277.3 | SELL |
MA_12 | 272.05 | BUY | 274.78 | SELL |
MA_20 | 267.83 | BUY | 274.91 | SELL |
MA_32 | 275.79 | SELL | 279.39 | SELL |
MA_50 | 288.8 | SELL | 285.38 | SELL |
MA_100 | 302.97 | SELL | 295.46 | SELL |
MA_200 | 311.94 | SELL | 297.75 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 267.83 | Uptrend |
MACD | 2.96 | BUY |
ADX | 31.15 | Strong Trend |
DMI (+/-) | 26.29 / 22.22 | Uptrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 47.68 | Neutral |
STOCHASTIC_K (Fast) | 6.63 | Oversold |
STOCHASTIC_D (Slow) | 23.8 | Neutral |
CCI | 17.46 | Neutral |
PSAR | 306.55 | SELL |
TRUE RANGE | 6.75 | SELL |
ATR | 11.29 | Neutral |
WILLIAMS R | -51.29 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 4.85 | Oversold |
STOCHASTIC RSI D | 17.09 | Oversold |
MOMENTUM | -6.05 | SELL |
Duration | Value |
---|---|
1 Year | 2.62% |
3 Months | -9.58% |
1 Month | -2.16% |
1 Week | -1.37% |
Action | Overall (%) |
---|---|
BUY | 20% |
NEUTRAL / HOLD | 20% |
SELL | 60% |
Most popular Questions & Answers about NRBBEARING
NRB Bearing Limited stock last traded price is 281.55. NRBBEARING share price moved Up by 1.06% from its previous close of Rs 278.6.
NRB Bearing Limited share price trend is Up with a total of 86821 stocks traded till now. It has touched an intraday high of Rs 405.5655 and an intraday low of Rs 275.8. The NRBBEARING trading at 281.55, Up by Rs. 2.95, or 1.06 percent which suggests that most of the Traders are anticipating that the price of NRBBEARING share should go Up and the Stop Loss will be around 278.83.
The market cap of NRB Bearing Limited is ₹1560.5 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for NRB Bearing Limited as of Nov 22, 2024 is 48.21.
The current price to book ratio for NRB Bearing Limited as of Nov 22, 2024 is 3.22.
The highest price of NRB Bearing Limited stock is ₹401.55 in the last 52-week.
The lowest price of NRB Bearing Limited stock is ₹242.6 in the last 52-week.
NRB Bearing Limited share trading at ₹281.55, Up by Rs. 2.95, or 1.06 percent which suggests that most of the traders are anticipating that the price of NRBBEARING share should go Up.
In 2023, Stock price target for NRB Bearing Limited (NRBBEARING) are ₹254.3 on downside and ₹341.9 on upside. NRB Bearing Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for NRB Bearing Limited (NRBBEARING) are ₹341.9 on downside and ₹429.9 on upside. NRB Bearing Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for NRB Bearing Limited (NRBBEARING) are ₹429.9 on downside and ₹460 on upside. NRB Bearing Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for NRB Bearing Limited (NRBBEARING) will be around ₹497 NRB Bearing Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NRBBEARING.
The price of NRB Bearing Limited (NRBBEARING) shares moved by 1.06%. The short-term trend for NRBBEARING share price is Up. It implies that the share price of NRBBEARING will stay the same tomorrow and that intraday traders should treat VWAP at 278.83 as a stop loss. Investors with a long-term outlook can track NRBBEARING long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of NRBBEARING stock is 293.4. Compared to the current market price of 281.55 INR, the NRBBEARING stock is Undervalued by 4%.
As per the fundamental analysis of NRB Bearing Limited (NRBBEARING), it is of Standard quality in terms of earnings and profit margins with an EPS of 24.47. NRB Bearing Limited book value per share as of today is 87.34. The current price to book ratio for NRBBEARING as of Nov 23, 2024 is 3.22.
NSE:NRBBEARING News & Other Useful Information about NRBBEARING Share Price
Peer Comparison of NSE: NRBBEARING
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Bearings
Company | Price | EPS | BV |
---|---|---|---|
SCHAEFFLER | 3399.90 | 60.51 | 308.08 |
SKFINDIA | 4675.25 | 113.35 | 542.67 |
TIMKEN | 3298.65 | 52.54 | 321.36 |
NRBBEARING | 281.55 | 24.47 | 87.34 |
MENONBE | 118.98 | 3.96 | 26.11 |
NIBL | 26.27 | 0 | -41.4 |