06-01-2021 10:59 AM | Source: Accord Fintech
SKF India trades in green on the BSE
News By Tags | #2666 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

SKF India is currently trading at Rs. 2330.05, up by 13.40 points or 0.58% from its previous closing of Rs. 2316.65 on the BSE.

The scrip opened at Rs. 2316.65 and has touched a high and low of Rs. 2369.95 and Rs. 2316.65 respectively. So far 34 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2514.45 on 24-May-2021 and a 52 week low of Rs. 1425.00 on 15-Jun-2020.

Last one week high and low of the scrip stood at Rs. 2441.50 and Rs. 2277.00 respectively. The current market cap of the company is Rs. 11519.29 crore.

The promoters holding in the company stood at 52.58%, while Institutions and Non-Institutions held 34.51% and 12.92% respectively.

SKF India is planning to offer COVID-19 support for employees and their immediate family members in the unfortunate event of an employee succumbing to the coronavirus infection. As part of these measures, the company will provide life insurance cover for the next three years and education support for two children up to 12th grade. Besides, SKF will also provide one-time financial assistance of Rs 5 lakh to the dependents of the blue-collar employee.

SKF India is a leading global supplier of rolling bearing and seals. The company provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems.