SKF India Ltd
SKFINDIA

1,253.00

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1,258.20

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Reco. Price
Rs 1254.00

Last updated on 03-Dec-2016

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 ~26x FY17E P/E multiples. (Target: Rs1380)
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50 DMA (.)
1,377.76
100 DMA (.)
1,389.17
200 DMA (.)
1,317.16
Weekly Range (.)
1,190.50
1,276.85
Monthly Range (.)
1,190.50
1,485.00
52 Weeks Range (.)
1,057.55
1,550.00
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