Schaeffler India Ltd
NSE:SCHAEFFLER
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SCHAEFFLER's latest stock split occurred on Feb 8, 2022
The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.
Before the split, SCHAEFFLER traded at 8933.3 per share. Afterward, the share price was about 1737.56.
The adjusted shares began trading on Feb 8, 2022. This was SCHAEFFLER's 2nd stock split, following the previous one in Dec 2, 1994.
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Schaeffler India Ltd
Glance View
Schaeffler India Ltd., a subsidiary of the global Schaeffler Group, has firmly positioned itself as a key player in the Indian engineering sector, focusing primarily on the automotive and industrial segments. With a legacy enriched by technological innovation, Schaeffler India leverages its expertise to manufacture and distribute precision components that drive efficiencies across diverse applications. Their product portfolio is robust, ranging from engine parts, transmission systems, and chassis applications for vehicles, to high-precision industrial applications like bearings and systems that improve operational efficiencies for a wide spectrum of industries. This strategic positioning within critical components of machinery and vehicles ensures that Schaeffler captures a sustainable demand cycle spanning across both flourishing and mature industrial landscapes. The company's business model is intricately linked to building relationships within the vast network of its clientele, which includes some of the foremost OEMs (Original Equipment Manufacturers) alongside an expansive aftermarket presence. By investing heavily in research and development, Schaeffler India ensures its offerings stay abreast of technological advancements, particularly emphasizing innovation within energy efficiency and automation solutions. This commitment is not merely to supply parts, but to offer integrated solutions that foster increased machine longevity and performance, tying Schaeffler's growth closely to India's industrial growth trajectory. The result is a symbiotic mechanism where Schaeffler India continually aligns its operational strategies with the evolving demands of modern engineering practices, thereby anchoring its profitability and market relevance.
3902
MMI
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