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SKF India gains on reporting 20% rise in Q2 net profit

24 Oct 2016 Evaluate

SKF India is currently trading at Rs. 1426.00, up by 11.35 points or 0.80% from its previous closing of Rs. 1414.65 on the BSE.

The scrip opened at Rs. 1415.00 and has touched a high and low of Rs. 1448.50 and Rs. 1415.00 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1490.00 on 28-Sep-2016 and a 52 week low of Rs. 1040.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1448.50 and Rs. 1395.00 respectively. The current market cap of the company is Rs. 7,519.66 crore.

The promoters holding in the company stood at 53.58%, while Institutions and Non-Institutions held 32.55% and 13.87% respectively.

The company has reported 20.42% rise in its net profit at Rs 60.26 crore for second quarter ended September 30, 2016 as compared to Rs 50.04 crore for the same quarter in the previous year. Total income of the company increased by 3.21% at Rs 733.78 crore for the quarter under review as compared Rs 668.78 crore for the corresponding quarter previous year.  

Consequent to change in the financial year of the Company, year to date figures for period ended September 30, 2016 are for six months and year to date figures for period ended September 30, 2015 are for nine months and hence they are not comparable.

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training.


SKF India Share Price

1706.95 29.20 (1.74%)
17-Apr-2026 16:59 View Price Chart
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