SKF India surges on launching its SIBCO range of bearing housings and accessories

31 Dec 2015 Evaluate

SKF India is currently trading at Rs. 1212.50, up by 13.75 points or 1.15% from its previous closing of Rs. 1198.75 on the BSE.

The scrip opened at Rs. 1191.05 and has touched a high and low of Rs. 1220.00 and Rs. 1190.00 respectively. So far 753 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1540.35 on 08-Apr-2015 and a 52 week low of Rs. 1162.50 on 17-Dec-2015.

Last one week high and low of the scrip stood at Rs. 1220.00 and Rs. 1187.30 respectively. The current market cap of the company is Rs. 6393.82 crore.

The promoters holding in the company stood at 53.58% while Institutions and Non-Institutions held 32.37% and 14.05% respectively.

SKF India has launched its SIBCO range of bearing housings and accessories. The product range under the SIBCO brand consists of housings, seals, sleeves, locating rings, lock nuts and lock washers. The SIBCO range of solutions caters to the standard and customized performance requirements of the bearing housings and accessories market. It will also be available through the company’s wide network of channel partners. SIBCO range of bearing housings and accessories have been manufactured in Pune and meets application specific performance requirements for different segments across industries.

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

5150.00 26.65 (0.52%)
31-Oct-2024 16:01 View Price Chart
Peers
Company Name CMP
Schaeffler India 3464.50
SKF India 5150.00
Timken India 3404.00
Rolex Rings 2146.40
NRB Bearings 256.50
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