Timken India downgraded to sell amid valuation concerns
after close1 source ↓written by the desknot a recommendation
- in Profit
- 21.4% decline
- Despite
- 15.1% year-over-year profit growth
Timken India has been downgraded to sell due to mixed technicals and valuation concerns. The company's Q2 FY25-26 results showed a 21.4% decline in Profit After Tax (PAT) to ₹89.47 cr, raising doubts about operational momentum. Despite a 15.1% year-over-year profit growth, the stock's performance remains stagnant, indicating potential challenges ahead.
Not investment advice. For informational purposes only.