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NRB Bearings Ltd. ( (IN:NRBBEARING) ) has issued an announcement.
NRB Bearings Limited has announced a ₹200 crore capacity expansion to support its growing business with major European OEMs such as BMW, Stellantis, Renault, and Mercedes-Benz. This strategic move aims to enhance the company’s manufacturing capabilities for next-generation EV, hybrid, and ICE platforms, reinforcing its position as a trusted supplier in the automotive industry.
More about NRB Bearings Ltd.
NRB Bearings Limited is a pioneer in needle roller bearings and a key player in mobility solutions. The company focuses on providing high-precision bearing solutions for automotive manufacturers, particularly in the European market.
YTD Price Performance: -21.01%
Average Trading Volume: 20,162
Current Market Cap: 21.92B INR
See more data about NRBBEARING stock on TipRanks’ Stock Analysis page.