SKF India Ltd.

NSE: SKFINDIA | BSE: 500472 | ISIN: INE640A01023 | Industry: Abrasives & Bearings
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SKF India Ltd.
22 Jul 2016
4811.00
-1.98%
ICICI Securities Limited
Revise earnings upwards to factor in recovery, upgrade to BUY We revise our earning estimates upwards, 5% and 7.6% for FY17E and FY18E respectively to factor in recovery in demand. We re-rate the business of the company and now value it at 30x FY18E EPS of 52.5 to...
SKF India Ltd. is trading above all available SMAs
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