The company announced the results after market hours on Friday, 3 February 2012.
Meanwhile, the BSE Sensex was up 128.48 points, or 0.73% to 17,733.44.
On BSE, 93,000 shares were traded in the counter as against an average daily volume of 75,610 shares in the past one quarter.
The stock hit a high of Rs 219.40 and a low of Rs 201.60 so far during the day. The stock had hit a 52-week high of Rs 260.90 on 12 July 2011. The stock had hit a 52-week low of Rs 153.10 on 15 March 2011.
The mid-cap stock had outperformed the market over the past one month till 3 February 2012, surging 29.17% compared with the Sensex`s return of 10.45%. The stock had, however, underperformed the market in past one quarter, falling 0.23% as against 0.7% gain in the Sensex.
The company has an equity capital of Rs 63.73 crore. Face value per share is Rs 10.
Timken India has changed its accounting year to April-March period from January-December period. Hence the current financial statements will be for 15 months period ending 31 March 2012.
US-based Timken Company, a major manufacturer and supplier of bearings, alloy steel, power transmission components etc holds 80.02% in Timken India (as on 31 December 2011).
Powered by Capital Market - Live News