Schaeffler India Limited: Business Has Tailwinds but Valuation Is Elevated

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20220114/1642142618103947.png" title="1642142618103947.png" alt="2.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Schaeffler India Limited is part of the Schaeffler group, a global conglomerate supplying critical components to the automotive and industrial sectors. Schaeffler (erstwhile FAG Bearings) has presence through three famous product brands – FAG (Fischer’s Aktien Gesselshaft), INA, and LuK. It produces a vast range of ball bearings, </span><a href="https://www.bearing-asia.com/products/Cylindrical-Roller-Bearing/465.html" target="_blank" style="text-decoration: underline; color: rgb(0, 112, 192); font-family: arial, helvetica, sans-serif; font-size: 16px;"><span style="color: rgb(0, 112, 192); font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>cylindrical roller bearings,</strong></span></a><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"> deep groove balls, spherical roller...</span></p><p><br/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">The Schaeffler Group is a global automotive and industrial supplier. The Schaeffler Group is making a decisive contribution to mobility with its high-precision components and systems in engine, transmission, and chassis applications, in addition to rolling and plain bearing solutions for a large number of industrial applications. Since its beginnings, the Schaeffler company has been characterized by groundbreaking innovations and global customer orientation.</span></p>