SKF India Ltd
SKFINDIA

1,488.00

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1,489.85

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Turnover (lac)
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Reco. Price
Rs 1279.00
We recommend accumulate on account of diversification in offerings and improved topline visibility. This will be back by demand recovery in 2-wheelers and inroads in rail freight business. Further, it’ll supported by improved demand for value products (pitch, yaw bearings). The stock trades at premium valuations of ~29x FY17E P/E multiples. (Target: Rs1380)
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50 DMA (.)
1,309.19
100 DMA (.)
1,337.12
200 DMA (.)
1,337.10
Weekly Range (.)
1,412.00
1,497.70
Monthly Range (.)
1,270.00
1,497.70
52 Weeks Range (.)
1,139.00
1,550.00
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