SKF India gains on reporting 30% rise in Q1 net profit

21 Jul 2016 Evaluate

SKF India is currently trading at Rs. 1395.30, up by 10.70 points or 0.77% from its previous closing of Rs. 1384.60 on the BSE.

The scrip opened at Rs. 1392.70 and has touched a high and low of Rs. 1408.00 and Rs. 1386.35 respectively. So far 113 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1445.10 on 22-Jul-2015 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. 1432.85 and Rs. 1360.00 respectively. The current market cap of the company is Rs. 7301.35 crore.

The promoters holding in the company stood at 53.58%, while Institutions and Non-Institutions held 32.51% and 13.91% respectively.

SKF India has reported 29.75% rise in its net profit at Rs 60.40 crore for the quarter ended June 30, 2016 as compared to Rs 46.55 crore for the same quarter in previous year. Total income of the company increased by 7.38% to Rs 725.00 crore for the quarter under review from Rs 675.19 crore for the corresponding quarter of the previous year.

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 is represented in more than 130 countries and has around 15,000 distributor locations worldwide.

SKF India Share Price

4461.30 -77.10 (-1.70%)
23-Dec-2024 12:19 View Price Chart
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