SKF India is currently trading at Rs. 612.00, up by 3.50 points or 0.58% from its previous closing of Rs. 608.50 on the BSE.
The scrip opened at Rs. 610.00 and has touched a high and low of Rs. 612.00 and Rs. 610.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 728.00 on 03-Apr-2012 and a 52 week low of Rs. 557.50 on 28-Sep-2012.
Last one week high and low of the scrip stood at Rs. 630.00 and Rs. 605.00 respectively. The current market cap of the company is Rs. 3227.23 crore.
The promoters holding in the company stood at 53.58% while Institutions and Non-Institutions held 32.31% and 14.11% respectively.
SKF India has entered into an agreement with German-based ship components provider Blohm + Voss Industries (BVI) to acquire 100 per cent stake in the company from Star Capital Partners for about 80 million euro. The transaction is subject to relevant regulatory approvals.
The acquisition is in line with the company’s strategy to further position itself as the preferred application development partner offering a full asset life cycle management approach for marine solutions.
Blohm + Voss Industries is a manufacturer of, and service provider for, equipment for critical marine applications, including shaft components (seals and bearings), stabilizers, and oily water separators while, SKF India provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems. The company manufactures different types of bearings, seals including roller bearings, bearing units, housings, industrial and hydraulic seals, linear motion products, high precision bearing, spindles, electrical actuators, actuation systems and rolling bearing steel which are used in cars and truck wheels.
| Company Name | CMP |
|---|---|
| Schaeffler India | 3306.45 |
| SKF India | 4538.40 |
| Timken India | 3241.35 |
| Rolex Rings | 1939.50 |
| NRB Bearings | 281.40 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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