SKF India Faces Significant Stock Decline Amid Broader Market Challenges
SKF India’s stock has declined significantly, nearing its 52-week low. Despite outperforming its sector today, the company has experienced a downward trend over the past two days. Year-to-date, the stock has dropped over 20%, contrasting with the broader market's smaller decline. It currently offers a high dividend yield.
SKF India has experienced a significant decline today, with its stock price dropping by 5.39%. The company, which operates in the bearings industry, is now just 1.48% away from its 52-week low of Rs 3544. Today's performance saw SKF India outperform its sector, which fell by 5.87%, but it has been on a downward trend, losing 6.44% over the past two days.The stock opened with a gap down of 3.12% and reached an intraday low of Rs 3569.95, reflecting a decrease of 5.24%. Currently, SKF India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.
In the broader market, the Sensex has shown some recovery after a significant gap down opening, currently trading at 72,652.45, down 3.6%. SKF India's performance over various time frames reveals a year-to-date decline of 20.57% and a one-year drop of 20.93%, contrasting with the Sensex's more modest decline of 2.15% over the same period. The stock also boasts a high dividend yield of 3.58% at its current price.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
