Q4FY21 Result Update - SKF India - ICICI Direct

SKF reported a strong Q4FY21 performance, which was broadly in line with our estimates for the quarter. Sequentially, the margin profile seems to have cooled off (base being exceptionally high) but they still remain buoyant with respect to the larger picture. The company also announced a final dividend of Rs. 14.5 per share during the quarter.

For details, click on the link below: Link to the report

Shares of SKF India Ltd was last trading in BSE at Rs.2370 as compared to the previous close of Rs. 2313.25. The total number of shares traded during the day was 2886 in over 645 trades.

The stock hit an intraday high of Rs. 2370 and intraday low of 2212.8. The net turnover during the day was Rs. 6641024.

Source : Equity Bulls

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