Top Bearing Manufacturing Companies
Bearing stocks are shares of bearing manufacturing companies that manufacture and distribute bearings, essential components used to enable motion and reduce friction in machinery across various industries.
Bearing Stock List
7 Jan, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIM | Bimetal Bearings Ltd | BIMETAL | /stocks/bimetal-bearings-BIM | Industrial Machinery | 633.75 | 842.80 | 549.60 | 242.41 | 23.81 | 46.86 | 1.11 | 1.97 | 4.81 | 5.22 | 78.52 | 92.66 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -4.93 |
| DECA | Deccan Bearings Ltd | DECANBRG | /stocks/deccan-bearings-DECA | Industrial Machinery | 92.16 | 92.16 | 35.87 | 20.12 | -118.36 | 46.86 | 87.49 | 0.00 | -53.13 | 156.93 | 977.89 | 1,848.41 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | 0.00 |
| GALXB | Galaxy Bearings Ltd | GALXBRG | /stocks/galaxy-bearings-GALXB | Heavy Machinery | 1,033.70 | 1,800.00 | 1,000.05 | 328.72 | 17.44 | 46.86 | 3.53 | 0.00 | 22.48 | -33.37 | 168.70 | 695.15 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -2.45 |
| MENO | Menon Bearings Ltd | MENONBE | /stocks/menon-bearings-MENO | Auto Parts | 117.43 | 158.00 | 108.10 | 658.08 | 27.01 | 39.10 | 4.54 | 1.92 | 17.51 | -15.58 | 43.12 | 95.23 | Smallcap | Automobiles & Components | Auto Components | Automotive Parts & Equipment | -2.86 |
| NBEA | NRB Bearings Ltd | NRBBEARING | /stocks/nrb-bearings-NBEA | Industrial Machinery | 276.15 | 389.00 | 242.60 | 2,676.52 | 11.18 | 46.86 | 3.06 | 1.48 | 30.73 | -26.71 | 51.90 | 192.69 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -4.79 |
| NIBL | Nrb Industrial Bearings Ltd | NIBL | /stocks/nrb-industrial-bearings-NIBL | Industrial Machinery | 24.04 | 50.40 | 23.25 | 58.25 | -2.24 | 46.86 | 2.54 | 0.00 | -89.42 | -43.37 | -5.91 | 250.95 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -4.68 |
| SCHE | Schaeffler India Ltd | SCHAEFFLER | /stocks/schaeffler-india-SCHE | Auto Parts | 3,457.95 | 4,951.00 | 2,743.50 | 54,049.03 | 60.12 | 39.10 | 11.25 | 0.75 | 19.78 | 9.24 | 82.95 | 274.83 | Midcap | Capital Goods | Auto Components | Industrial Machinery & Supplies & Components | -0.20 |
| SKFB | SKF India Ltd | SKFINDIA | /stocks/skf-india-SKFB | Industrial Machinery | 4,408.00 | 7,350.00 | 4,024.50 | 21,792.25 | 39.49 | 46.86 | 8.12 | 2.95 | 21.97 | -4.68 | 16.17 | 104.81 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -2.49 |
| SKS | SKP Bearing Industries Ltd | SKP | /stocks/skp-bearing-industries-SKS | Industrial Machinery | 250.50 | 344.95 | 190.00 | 415.83 | 38.97 | 46.86 | 8.29 | 0.44 | 0.00 | -5.53 | 245.76 | 245.76 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -2.34 |
| SNL | SNL Bearings Ltd | SNL | /stocks/snl-bearings-SNL | Industrial Machinery | 365.20 | 514.40 | 281.50 | 131.89 | 16.87 | 46.86 | 2.22 | 1.92 | 13.77 | -4.77 | 44.01 | 102.89 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -4.00 |
| TIMK | Timken India Ltd | TIMKEN | /stocks/timken-india-TIMK | Industrial Machinery | 2,939.35 | 4,817.90 | 2,524.50 | 22,109.42 | 56.38 | 46.86 | 9.15 | 0.09 | 17.61 | -7.87 | 43.07 | 225.53 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -2.06 |
| VISH | Vishal Bearings Ltd | VISHALBL | /stocks/vishal-bearings-VISH | Industrial Machinery | 121.85 | 200.00 | 96.20 | 131.49 | 120.63 | 46.86 | 3.71 | 0.00 | 3.17 | -37.16 | 143.94 | 280.78 | Smallcap | Capital Goods | Machinery | Industrial Machinery & Supplies & Components | -6.50 |
Top Bearing Manufacturing Companies
The industrial sector has many investment opportunities, with bearing stocks being a niche yet influential segment in the manufacturing sector. This article explores the essentials of investing in bearing stocks, including their industry context, potential benefits, associated risks, and key investor considerations.
What are Bearing Stocks?
Bearing stocks represent shares of companies involved in the design, production, and distribution of bearings. Bearings are essential components in machinery, enabling rotational or linear movement while reducing friction. Industries like automotive, aerospace, and heavy machinery depend on bearings, making companies in this sector critical to global manufacturing operations.
Overview of the Bearing Industry in India
The Indian bearing industry has grown substantially, driven by increased demand from sectors like automotive, railways, and heavy machinery. The market is competitive, with both domestic and international bearing manufacturing companies, such as SKF India, Schaeffler India, and NRB Bearings, playing significant roles. The sector benefits from technological advancements and is considered vital for supporting the country’s industrial infrastructure.
Features of Bearing Stocks
- Steady Demand: Bearings are integral to various sectors, ensuring a consistent need for products.
- Diversified Portfolio: Top bearing manufacturers often have a diversified range of products catering to different industries.
- Technological Edge: Companies with advanced R&D facilities gain an edge, producing high-quality and durable products.
- Financial Strength: Debt-free stocks under shares, such as certain fundamentally strong stocks, provide investors with lower-risk opportunities.
Who Should Invest in Bearing Industry Stocks?
Bearing industry stocks are suited for a variety of investor profiles:
- Long-Term Investors: Those seeking stable, long-term growth due to the essential role bearings play in sectors like automotive, aerospace, and industrial machinery.
- Industrial Sector Enthusiasts: Investors interested in industrial growth who understand the strategic importance of bearings in manufacturing and infrastructure.
- Income-Focused Investors: Those looking for companies that may offer dividends, as established-bearing companies often provide regular returns.
- Risk-Conscious Investors: Individuals looking for relatively steady sectors, as bearing demand remains robust across economic cycles, providing some resilience to market fluctuations.
How to Invest in Bearing Stocks in NSE?
Investing in the best bearing stocks in NSE is similar to purchasing any other stock on the NSE. Here’s how you can start:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the best bearing stocks in India that are of interest to you. Investors can use tools like the Tickertape Stocks Screener to do this. The screener offers 200+ built-in filters, and investors can choose the parameters to research the best bearing stocks and generate bearing stock lists to compare bearing stock prices based on various parameters.
- Place a ‘Buy’ Order on the top bearing stocks of your choosing.
How to Select the Best Bearing Stocks for Investing?
Selecting bearing stocks involves careful analysis and understanding of various factors:
- Financial Health: Examining financial statements of ball bearing stocks can help reveal a company’s stability and growth potential.
- Industry Position: Assessing a company’s market share and its role among other bearing manufacturers can provide insights into its competitiveness.
- Innovation and R&D: Observing a company’s investment in research and development can indicate its capacity for long-term growth and adaptability.
- Valuation Metrics: Analysing valuation ratios such as price-to-earnings (P/E) and dividend yield can offer a sense of whether a stock is reasonably priced.
- Management Quality: Understanding the leadership and strategic initiatives of a company may help in evaluating its potential trajectory in the market.
Benefits of Investing in Bearing Stocks
Investing in bearing stocks offers several potential benefits:
- Steady Demand: Bearings are essential components in various industries, ensuring consistent demand for products and contributing to steady revenue streams for companies.
- Economic Resilience: Bearing manufacturers often serve a wide range of sectors, providing a degree of stability even during economic fluctuations.
- Long-Term Growth Potential: The industrial and manufacturing sectors continue to grow, supporting the long-term potential of bearing companies.
- Dividend Income: Established bearing companies may offer dividends, providing investors with an additional source of income.
- Diverse Applications: The widespread use of bearings across industries, from automotive to heavy machinery, supports sustained business growth.
Risks of Investing in Bearing Stocks
- Economic Dependency: The performance of bearing stocks may be tied to broader industrial and economic cycles.
- Raw Material Prices: Fluctuations in raw material costs can impact profitability.
- Technological Changes: Companies that fail to keep up with innovations may lose market share.
Factors to Consider When Investing in Bearing Stocks
When evaluating bearing stocks, various factors can provide valuable insights:
- Market Trends: Observing trends in key industries, such as automotive and construction, can highlight potential shifts in demand for bearings.
- Competitive Positioning: Understanding how a company ranks among top bearing manufacturers helps in assessing its strength and market influence.
- Financial Indicators: Analysing metrics such as revenue growth, profit margins, and debt levels can reveal the financial health and stability of a company.
- Technological Advancements: Companies investing in R&D may be better positioned to innovate and stay competitive.
- Management and Strategy: Reviewing the leadership team and strategic initiatives can provide a clearer view of a company’s future direction and resilience in the market.
To Wrap It Up…
Bearing stocks offer an attractive investment avenue for those interested in the industrial sector. While they come with certain risks, the consistent demand for bearings, driven by their pivotal role in machinery and technology, presents long-term potential. Investors must assess each company’s financial strength, market position, and strategic initiatives before committing funds.
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Frequently Asked Questions About Bearing Stocks
What are bearing stocks?
Bearing stocks are shares of companies that manufacture and distribute bearings, which are essential components used to enable motion and reduce friction in machinery across various industries.
How to evaluate bearing stocks?
Evaluating bearing stocks typically involves analysing financial health, market position, innovation in product development, and overall company strategy within the industry.
Are bearing stocks risky?
Bearing stocks, like all investments, comes with risks that economic cycles, raw material price fluctuations, and competition may influence. Understanding these aspects can provide a clearer perspective on their risk level.
Are bearings a good long-term investment?
Bearing stocks can be considered for long-term investment due to their fundamental role in key sectors such as automotive, industrial machinery, and aerospace. The steady demand for these components often supports sustainable business growth.
How to invest in bearing stocks?
Investing in bearing stocks generally involves using a brokerage platform or a financial institution to buy shares listed on stock exchanges. It’s important to review company-specific details and industry performance before making investment decisions.
