Bimetal Bearings is currently trading at Rs. 312.25, up by 0.25 points or 0.08 % from its previous closing of Rs. 312.00 on the BSE.The scrip opened at Rs. 312.20 and has touched a high and low of Rs. 318.00 and Rs. 312.20 respectively. So far 506 shares were traded on the counter.The BSE group `X` stock of face value Rs. 10 has touched a 52 week high of Rs. 541.95 on 14-Jan-2019 and a 52 week low of Rs. 298.15 on 04-Sep-2019.Last one week high and low of the scrip stood at Rs. 330.40 and Rs. 305.75 respectively. The current market cap of the company is Rs. 119.44 crore.The promoters holding in the company stood at 74.88% and Non-Institutions held 25.12%.Bimetal Bearings’ management has decided to revoke the non-working days in respect of the manufacturing location for the remaining period for the month of November 2019, viz. ‘Powder Plant’ situated at Sembium (Chennai) from November 25 2019 to November 30, 2019Bimetal Bearings offers metallurgy and friction material, aluminium tin and non-plated copper lead bearings, Bushings and Thrust Washer, Sintered and Bonded Strips, Copper Lead Sintered Strips and sintered strips under the brand name Bimite.

A minor change in the total revenue was seen in the March 2017 quarter. The total revenue for the quarter stood at Rs. 419.19 millions against Rs. 403.02 millions during year ago period.Profit after tax for the quarter ended March 2017 reported a huge growth of 89.39% to Rs. 33.03  millions from Rs. 17.44 millions.Operating Profit saw a handsome growth to 40.69 millions from 34.95 millions in the quarter ended March 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 419.19 403.02 4.01 1481.70 1461.35 1.39 1440.23 1572.33 -8.40 Other Income 14.18 0.31 4474.19 52.16 30.68 70.01 34.57 57.04 -39.39 PBIDT 40.69 34.95 16.42 107.42 116.62 -7.89 115.52 119.37 -3.23 Interest 0.51 1.50 -66.00 1.57 1.96 -19.90 1.96 3.14 -37.58 PBDT 56.73 31.64 79.30 108.88 112.85 -3.52 113.56 116.23 -2.30 Depreciation 10.56 7.63 38.40 40.70 39.55 2.91 39.55 42.46 -6.85 PBT 46.15 24.01 92.21 68.16 73.30 -7.01 74.01 73.77 0.33 TAX 13.12 6.57 99.70 18.17 23.04 -21.14 21.11 18.10 16.63 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 33.03 17.44 89.39 49.99 50.26 -0.54 52.90 55.67 -4.98 Equity 38.25 38.25 0.00 38.25 38.25 0.00 38.25 38.25 0.00 PBIDTM(%) 9.70 8.67 11.90 7.25 7.98 -9.15 8.02 7.59 5.65

Bimetal Bearings has informed about Closure of Trading Window.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed that due to the impact of cyclone vardah, the operations in the Company’s plants at Sembiam and Thoraipakkam got disrupted for 2 days i.e. 12th and 13th December 2016. The Company took all the necessary steps to re-start the operations. The manufacturing activities were started progressively in these plants from the late hours on December 14, 2016. The damages suffered still being assessed by these plants and have been adequately insured.The above information is a part of company’s filings submitted to BSE.

Simpson And Company has submitted the disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed that due to continuous torrential down pour at Chennai the production activities at Company’s factories at Sembium and Thoraipakkam could not be carried out and due to water logging and some portions of raw materials and finished goods were inundated. Their stocks are adequately insured and the Company will be preferring claim on the Insurance Company in due course after ascertaining the exact quantum of loss. The Company has taken steps and the production activities at the plants have been restored.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed that with effect from November 01, 2015 S. Narayanan had been re-appointed as a Whole-time Director of the Company.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed about the details of voting results at the 54th Annual General Meeting of the Company held on July 27, 2015, under Clause 35A.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed about the details of Voting results of Postal Ballot, under Clause 35A.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has informed that the Board of Directors of the Company at its meeting held on November 14, 2014 had appointed Sandhya Sekhar as an additional Director of the Company under the Independent category.The above information is a part of company’s filings submitted to BSE.

Bimetal Bearings has submitted a copy of the proceedings of the 53rd Annual General Meeting of the Company held on July 23, 2014.The above information is a part of company’s filings submitted to BSE.