Why I think Timken india is a infrastructure stock ?

Ajay Khandelwal's picture

 #

Timken India was co-promoted by The Timken Company, USA (TIMKEN) and Tata Iron and Steel Company Limited (TATA STEEL), in 1987 as Tata Timken Limited. This was the first ever joint venture of The Timken Company. Till March, 1999, both the promoters, i.e. Timken and Tata Steel, were holding 40 % each of the subscribed equity capital of the company with the remaining 20 % held by public.

In 1999, Timken acquired inter-alia Tata Steel's 40% equity holding and consequently the company's was changed to Timken India Limited .

Timken India manufactures, sales and exporta antifriction bearings, components and related parts.

Timken India Limited uses cellular manufacturing, giving the plant, flexibility to produce any part with a short lead time. Timken India Limited falls under The Timken Company's International Bearing Performance Audit program. Hence all bearings produced by Timken India Limited will be of the same quality as produced by any Timken unit worldwide.

Timken India QS 9000 3rd edition accreditation.

Sales Growth : Timken has been growing slowly in india. Revenue went from 260 Cr in 04 to around 400 Cr in 2008.

Not a very robust growth. But recently company is showing signs of growth with new plant in chennai .

Timken is bearing company but it's future is tightly integrated with infrastructure growth in India.

1. all coming power plants is business to timken.
2. all metro trains and coaches run on Timken bearings.
3. construction and heavy machinary rolls on state of the art timken bearing

Note : I am still in process of writing this blog.. check back soon more updates.

 

Recent Comments and talks

What is AskDalal ?

AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title  or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.

>>> faq

Top Contributors

UserPoints
suniljain10,440
admin2,990
rahul das2,460
anilmehta1,710
dipak1,540
rakeshseth1,500
himesh1,350
stockguru1,110
shah1,060
bharat_vora1,040

Become Askdalal Research Analyst

Are you an MBA (finance) students, economics students, or journalist with broad interest in stocks, investing and finance. Do you want to polish your skills before getting into job market ? Come join askdalal as Research Analyst.Email your resume to tripti.shah@askdalal.com.

If your resume is impressive you will get chance to show your talent,polish your skills and earn money along the way. At the convenience of sitting at your home computer. See rules for askdalal investment analyst.

Latest Dalal

  • rosenjack13
  • bangalore.scrap
  • bipin1987310
  • mohammed ilyas
  • mehta.a10