HDFC Life Insurance increased its stake in Timken India Limited from 1.04% to 1.29%, purchasing 186,142 shares. This is an increase from their previous holding of 781,954 shares to 968,096 shares. The approximate value of the acquired shares is ₹60.7 Cr, calculated at the share price of ₹3260.30.
A manufacturer and distributor of anti-friction bearings, components, and mechanical power transmission products serving diverse industrial sectors across India. Timken India provides maintenance contracts, refurbishment services, and comprehensive industrial solutions to its customer base. Established in 1987, the company operates as part of the global Timken Group, bringing international expertise in bearing technology, mechanical power transmission, and specialized industrial services to multiple industry verticals.
HDFC Life Insurance Company Limited, institutional investor in Indian equities
