NRB Bearings Share Price Target From 2024 to 2030: NRB Bearings Ltd is one of the leading automotive and industrial bearing companies, popular in the market as a forceful and innovative firm. Although within one year the share price came down to 2.85%, the growth prospects of the company and the placement of the company and the foundation remain quite consistent. This article is an in-depth look at the share price targets of NRB Bearings from 2024 to 2030, coupled with company insights, shareholder trends, and frequently asked questions.
Company Summary
NRB Bearings Limited designs, manufactures, and supplies high-quality bearings mainly to the automotive and industrial sectors. The company emphasizes the aspect of research and innovation so that it gains an edge in its competition, not only within the country but globally too.
Key Financial Metrics For NRB Bearings Share Price
- Open Price: ₹301.90
- High Price: ₹304.20
- Low Price: ₹296.30
- Market Cap: ₹2,890 crore
- P/E Ratio: 11.24
- Dividend Yield: 1.53%
- 52-Week High: ₹401.55
- 52-Week Low: ₹242.60
NRB Bearings has one of the lowest P/Es in the industry, i.e., 11.24, whereby the company is undervalued compared with peers. This equity remains a value buy. The dividend yield of 1.53% offers some earnings certainty for shareholders.
Shareholding Pattern For NRB Bearings Share Price
- Promoters: 51.16% (up from 50.69% September 2024 quarter)
- Retail and Others: 18.02%
- Mutual Funds: 17.07% (compared with 17.58% for the September 2024 quarter)
- Foreign Institutions (FIIs/FPIs): 13.74% (compared with 13.69% for the September 2024 quarter)
Institutional Activity For NRB Bearings Share Price
- FII/FPI Investors: increased from 65 to 71.
- Mutual Fund Schemes: increased from 5 to 6.
- Institutional Holding: declined from 31.27% to 30.82%.
The increase in the holdings of promoters is a sign of the confidence that the leadership in the company has, but an increase in FII is an indicator of growing interest among foreign investors. Declining mutual fund holdings have shown slight decline, meaning that domestic institutional investors remain cautious.
Performance Highlights For NRB Bearings Share Price
Despite the minor share price drop during the last year, NRB Bearings remains to be pretty resilient and is further bolstered by its diversified product portfolio, strategic partnerships, and a strong customer base. Its leadership in the market and commitment to innovation are good enough to help this firm sustain long-term growth.
NRB Bearings Share Price Forecast from 2024 to 2030
This is the detailed projection of the company’s share price targets based on historical performance, growth strategies, and industry trends as follows:
- Year – Target Price – Key Growth Drivers
- 2024 – ₹420 – Recovery in automotive demand, increased promoter holdings, and stable earnings.
- 2025 – ₹580 – Expansion into international markets and new product launches.
- 2026 – ₹760 – Improved operational efficiency and adoption of advanced manufacturing technologies.
- 2027 – ₹950 – Strengthened market share in key segments and enhanced customer relationships.
- 2028 – ₹1,160 – Focus on R&D, sustainable solutions, and global partnerships.
- 2029 – ₹1,360 – Increased demand for bearings in electric and hybrid vehicles.
- 2030 – ₹1,570 – Leadership in innovation, sustained revenue growth, and strong financial health.
Growth Drivers for NRB Bearings Share Price
- Rise in Automotive: The recovery of the worldwide automobile industry and the increased adoption of EVs leads to a huge demand for high-performance bearings.
- Promoter Confidence: The promoter share has increased to 51.16%, which gives an idea that the management trusts the company’s future prospect.
- Technological Innovation: Research and innovation in investments help NRB Bearings to build its responsiveness towards evolving customers’ needs.
- Global Expansion: This will increase revenue base diversification.
- Green Programs: It is a part of global trend initiatives to introduce environment-friendly manufacturing processes and developing environment-friendly products.
- Interest from Institutions: FII investment is on an increase, showing that foreign investors are becoming more confident, which also increases the liquidity and credibility of the market.
NRB Bearings Share Price Target Analysis
2024 NRB Bearings Share Price Target: ₹420
The stock of NRB Bearings is likely to experience a trough in its share price that will rebound as stable growth of earnings and promoter confidence strengthens. Recovery in major automotive markets will help.
2025 NRB Bearings Share Price Target: ₹580
The company would grow with robust product innovation and market expansion, which would push the share price up to ₹580.
2026 NRB Bearings Share Price Target: ₹760
The company will place NRB Bearings for strong profitability through efficient operation and strategic partnerships. This will force the share price to ₹760.
2027 NRB Bearings Share Price Target: ₹950
By 2027, the company will be strong in terms of market share and long-term customer relationships. The share price target would be ₹950.
2028 NRB Bearings Share Price Target: ₹1,160
By 2028, NRB Bearings will be valued at ₹1,160 through sustainable solutions and global partnerships.
2029 NRB Bearings Share Price Target: ₹1,360
With the rise in demand for bearings in electric and hybrid vehicles, the share price will go up to ₹1,360.
2030 NRB Bearings Share Price Target: ₹1,570
By 2030, the company will consolidate its leadership in bearings with a share price of ₹1,570.
Possible Risks For NRB Bearings Share Price
Though NRB Bearings has immense growth opportunities, investors should be on a lookout for the following risks.
- Market Volatility: Changes in the raw material prices and economic conditions would affect profitability.
- Regulatory Challenges: Environmental and manufacturing regulations can change, thereby raising the cost of compliance.
- Competition: Bearing is a highly competitive area where the home and international players are exerting pressure on the firm.
- Institutional Holdings Dropped: A slight drop in institutional holdings can be seen as a loss of confidence from the side of the investors.
FAQs For NRB Bearings Share Price
1. Is NRB Bearings a good long-term investment option?
Yes, the company has strong fundamentals, a diversified product portfolio, and a growth-oriented strategy making the stock a potential long-term investment.
2. What are the high-growth drivers of NRB Bearings share price?
The share price is primarily driven by increasing automobile demand, the confidence of promoters, international business expansion, and technology upgradation.
3. What can be share price of NRB Bearings by 2030?
Proffered share price till 2030 for NRB Bearings ₹1,570 by indicating growth and market leader
4. Why are promoter holding rising in the quarter Sep-2024?
The promoter holding is up with this because they have that much of a confidence in the near term prospects and growth of the firm
5. Risks while investing in NRB Bearings.
As with any investment, there are risks of volatile markets, stiff regulatory challenges, and competition in the bearings industry.
6. Does NRB Bearings pay dividend?
The company has a 1.53% dividend yield that gives shareholders extra returns.
NRB Bearings Limited is a well-known entity with tremendous scope for growth in the automobile and industrial bearings segment. As a strategic play, on sound fundamentals, with the performance in the long run, it’s well-placed to make a pitch for a long-term investment opportunity. On the negative side, threats come in terms of volatility in the market and competition. Still, given impetus towards innovation and expansion at the global level, the company would be in the right place to win all its arguments within the next decade by 2030.
