SKF India perks up 7% on strong Q3 expectations
DALAL STREET SPIKES
| There was buying interest ahead of the company's upcoming results. Volumes in the stock touched over 3.5 lakh shares. |
| The market expects the company to post good December quarter results on the back of demand for products from automotive and industrial market segments. |
| In the September quarter the company posted a growth of 58 per cent in PBT, while net sales rose 25 per cent. |
| The company is a market leader in the bearings industry, with the auto sector as its main client. The company's contribution to the country's exports has also been growing. |