Bengaluru, May 16 -- This small-cap auto ancillaries stock, engaged in manufacturing and supplying bearings, seals, mechatronics, lubrication systems, and maintenance services, jumped 9 percent after the company reported March quarterly results with an 85.64 percent QOQ increase in net profit and announced a dividend of Rs. 14.5 per equity share.
With a market capitalization of Rs. 22,489.33 crores, the share of SKF India Limited has reached an intraday high of Rs. 4685.90 per equity share, rising nearly 8.85 percent from its previous day's close price of Rs. 4304.75. Since then, the stock has retreated and is currently trading at Rs. 4549 per equity share.
Q4 FY25 Result Walkthrough
Coming into the quarterly results of SKF India Limit...
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