With a market worth of ₹43,443.82 crore, Schaeffler India Ltd. is a large-cap corporation that operates in the automotive and auto component industries. Under the brand names INA, the firm produces a variety of needle roller bearings and components for shift systems, valve trains, chain drive systems, and front accessory drive systems. Additionally, the firm manufactures dual mass flywheels and clutch systems for tractors, light commercial vehicles, heavy commercial vehicles, and passenger automobiles under the LuK brand. With four manufacturing facilities and 11 sales offices, Schaeffler has a sizable footprint in India thanks to the three well-known brand names FAG, INA, and LuK. According to data from Value Research, the company is now debt-free. Following the release of Q1FY23 earnings, the brokerage firm Sharekhan assigned the shares of Schaeffler India a hold recommendation with a target price of Rs. 2,800.