Analysis For Menon Bearing

Introduction 

Menon Bearing:

NSE Code:    MENONBE
BSECODE:     523828
CMP:         60.95
Market Cap:  287.43 Crore
52 Wk low:   24.71
52 Wk high:  63.4


Menon Bearings Limited is an India-based company engaged in the manufacturing of auto components. It manufactures a range of bi-metal engine bearings, bushes and thrust washers for light and heavy automobile engines, three-wheeler engines, as well as for compressors, refrigerators and air conditioners. The Company’s products include bearings, including bearings for connecting rods, bearings for crank shafts, flanged bearings and trimetal bearings; bushes, including truncated bushes for connecting rods, ball indented bushes, bushes for connecting rods, cam shafts, rock shafts and rocker arms, and thrust washers, such as washers with thrust face contours and ring type thrust washers. The Company’s clients include Allison Transmission, Atlas Copco, BEML, General Motors, Tata, Cummins, Volvo, John Deere, Mack, Mahindra, Eicher, Maruti Suzuki, Honeywell, Arrow Engine, Ashok Layland, PIAGGIO, Sonalika, Bharat Earthmovers Ltd, and Emerson Climate Technologies.


Menon Bearings functions as Solution Development Partners to leading global auto brands due to its system wide experience & exposure. Our design, development & validation capabilities coupled with our comprehensive manufacturing lines & our varied product portfolio makes us a single-source / ship-to-use vendor to various global Original Equipment Manufacturers (OEM's) & we enjoy major share with them. The engineering capabilities at MBL enjoy strong brand equity among leading OEM's & industrial brands across the world.
Exporting 35 % of its production capacity & with exports growth at more than 25 % per annum. We are globally positioned with business activities spanning 24 countries around the globe. 

Application Of Menon Bearing:
1.    Automotive Engine
2.    Compressors
3.    Generators
4.    Stationary Engines
5.    Marine Engines
6.    Earth Movers


Financials:





This is very good stock for long Term, if you can hold for 3-5 years then definitely you will see 500 levels....



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