4625.0000 -88.10 (-1.87%)
NSE Sep 29, 2025 15:31 PM
Volume: 43,950
 

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SKF India Ltd.
30 Oct 2019, 12:00AM
4625.00
-1.87%
ICICI Securities Limited
Exports cushion revenue decline as other segments decline Exports for the quarter grew 84% YoY while the share of the same was at 14% of total revenues. In other words, rise in exports was a counter move to utilise capacity and arrest revenue decline in the domestic market and cover fixed overheads. Overall revenues declined 3% YoY. In terms of segments, slowdown in auto sector impacted the segment wherein revenues fell 20% for Q2FY20 while industrial segment revenues declined 1%. Going ahead, we expect growth to hinge on the magnitude and timing...
SKF India Ltd. is trading below its 30 day SMA of 4682.6
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