SKF India Ltd.

NSE: SKFINDIA | BSE: 500472 | ISIN: INE640A01023 | Industry: Abrasives & Bearings
| Expensive Performer
3899.5000 -5.70 (-0.15%)
NSE Apr 21, 2025 15:31 PM
Volume: 60,060
 

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SKF India Ltd.
30 Oct 2019
3899.50
-0.15%
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 above its 50 day SMA of 3803.1
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