Whats the news in Timken India?.Zoomed 25 % in 1 week

Whats the news in Timken India?.Zoomed 25 % in 1 week

• Timken India ,the bearing company which operates both in auto and infraspace saw  a huge movement last week.It has moved more than 100 RS in past 1 week or 25%

• So what the news that is moving this stock with Huge volume.It started after AGM on Aug 13 was complete.

• The Parent company Timken, headquaters in US is holding close to 75 %. On July the management said there is no plan of Delisting the company.

• Some say that the results are really good for this quarter which will be announced on Sep 30.

• Whatever is happening it not known,but huge volumes indicates that there is further updside for this stock till 500 to 600 Rs.

• Lets wait and see when the news comes out.