SKF India Shows Strong Short to Long-Term Performance Amid Positive Market Sentiment

SKF India has shown notable activity today, gaining 3.06% on June 24, 2025. The stock outperformed its sector by 1.16%, reaching an intraday high of Rs 4750, which reflects a 3.42% increase. Currently, SKF India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short to long-term performance trend.
In the broader market, the Sensex has also experienced a positive day, climbing 369.29 points to reach 82,903.90, marking a 1.23% increase. The index is now just 3.71% away from its 52-week high of 85,978.25 and is trading above its 50-day moving average, which is positioned above the 200-day moving average, suggesting a bullish market sentiment.

In terms of performance metrics, SKF India has shown a 2.85% increase over the past day, a 3.12% rise over the past week, and a significant 23.52% increase over the last three months. However, its one-year performance remains down by 29.14%, contrasting with the Sensex's 7.17% gain during the same period. Over five and ten years, SKF India has outperformed the Sensex, with increases of 190.24% and 239.31%, respectively.