NRBBEARING

Jan 21 (Reuters) - NRB Bearings Ltd NBEA.NS:

• NRB BEARINGS LTD - ENTERS INTER-COMPANY AGREEMENT WITH NIBL

• NRB BEARINGS LTD - AGREEMENT REGULATES IP RIGHTS, PROPERTY RELEASE, NON-SOLICITATION

• NRB BEARINGS LTD - TO PAY NIBL 551.2 MILLION RUPEES UPON CONDITIONS COMPLETION

• NRB BEARINGS LTD - NIBL TO CEASE USING 'NRB INDUSTRIAL' MARKS UPON CONTROL CHANGE

Source text: ID:nBSE8qXNyd

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** Shares of NRB Bearings Ltd NBEA.NS jump 8.1% to 299.90 rupees

** Stock set for their best day since May 21, 2024

** Bearings maker's Sept-qtr profit jumps 47% to 352.6 million rupees ($4.2 million), with sales rising 8%, outpacing a 5.5% rise in expenses

** More than 880,000 shares traded, 5.1x the 30-day avg volume

** Last month, larger rival Schaeffler India SCHE.NS reported a higher profit on strong demand from two-wheeler manufacturers

** NBEA trims YTD losses to 11% but lags larger rivals SCHE's 9% rise and SKF India's SKFB.NS 10% climb this year

($1 = 84.3540 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

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Oct 4 (Reuters) - NRB Bearings Ltd NBEA.NS:

• DIVIDEND 2.5 RUPEESPER SHARE

Source text for Eikon: ID:nBSE636MN7

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June 26 (Reuters) - NRB Bearings Ltd NBEA.NS:

• NRB BEARINGS LTD - APPROVED AVAILING WORKING CAPITAL FACILITIES UPTO 250 MILLION RUPEES FROM HONGKONG AND SHANGHAI BANKING CORPORATION

Source text for Eikon: ID:nNSE2Lrtzr

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** Shares of NRB Bearings NBEA.NS down 4.7% to 316.6 rupees

** Automobile components maker on Monday reported 9.7% Y/Y fall in Q4 consolidated net profit while rev from ops fell 8.9% Y/Y

** Trading vol 1.5x 30-day daily avg

** Stock fell 20.2% in March quarter, its biggest quarterly fall since March 2022

** Stock down 5.7% YTD

(Reporting by Ashish Chandra in Bengaluru)

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NRB Bearings Ltd NBEA.NS:

• NRB BEARINGS MARCH-QUARTER CONSOL NET PROFIT 312.2 MILLION RUPEES VERSUS PROFIT 345.7 MILLION RUPEES

• NRB BEARINGS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.85 BILLION RUPEES VERSUS 3.12 BILLION RUPEES

Source text for Eikon: ID:nNSE8XS9pm

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Feb 13 (Reuters) - NRB Bearings Ltd NBEA.NS:

• NRB BEARINGS DEC-QUARTER CONSOL NET PROFIT 1.66 BILLION RUPEES VERSUS PROFIT 229.1 MILLION RUPEES

• NRB BEARINGS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.58 BILLION RUPEES VERSUS 2.51 BILLION RUPEES

• NAMES RAMAN MALHOTRA AS CFO

Source text for Eikon: ID:nBSE9jC9HL

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Dec 5 (Reuters) - NRB Bearings Ltd NBEA.NS:

• ENTERED INTO MOU WITH OBEROI REALTY

• SOLD AND TRANSFERRED LAND ADMEASURING ABOUT 25,700 SQUARE METERS SITUATED AT THANE FOR CONSIDERATION OF 1.96 BILLION RUPEES

Source text for Eikon: ID:nBSE7Wpxg9

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Sept 5 (Reuters) - NRB Bearings Ltd NBEA.NS:

• MIRAE ASSET MUTUAL FUND RAISES STAKE IN NRB BEARINGS TO 7.644% FROM 4.348% - EXCHANGE FILING

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May 23 (Reuters) - NRB Bearings Ltd NBEA.NS:

• ENTERED INTO MOU WITH OBEROI REALTY FOR SALE OF LAND AREA ADMEASURING APPROX. 25,700 SQUARE METERS

Source text for Eikon: ID:nBSEbD7RDL

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May 8 (Reuters) - NRB Bearings Ltd NBEA.NS:

• NRB BEARINGS LTD - FIRE INCIDENT AT OUR WALUJ PLANT SITUATED AT AURANGABAD IN EARLY MORNING ON MONDAY, MAY 8

• NRB BEARINGS LTD - NO LOSS OR INJURY TO HUMAN LIFE OR OTHER CASUALTY DUE TO FIRE INCIDENT

• NRB BEARINGS LTD - AN AUTO-PRODUCT ASSEMBLY LINE HAS BEEN MAJORLY DAMAGED

• NRB BEARINGS LTD - NO MAJOR DISRUPTION TO MANUFACTURING OPERATIONS OTHER THAN DAMAGED PRODUCT ASSEMBLY LINE

• NRB BEARINGS LTD - FIRE SPREAD TO ADJACENT STORES DEPARTMENT DAMAGING READY COMPONENTS, OTHER PRODUCTION RELATED STORES, SPARES

• NRB BEARINGS LTD - COMPANY IS IN PROCESS OF ASCERTAINING ACTUAL LOSS CAUSED DUE TO FIRE

• NRB BEARINGS LTD - COMPANY HAS ADEQUATE INSURANCE COVERAGE FOR ASSETS IN PREMISES OF SAID PLANT

Source text for Eikon: ID:nBSE3mwrqw

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