NIFTY 22476.50 BANK 48156.65

SKF India Ltd.
Share Price Target & Analysis

NSE:SKFINDIA

6124.67

VWAP

6100.00

Open

5659.5

Close

6199.65

High

6021.05

Low

6199.65

52 Week High

6142.95 ⇧
157.80 (2.64%)

SKFINDIA

(INDUSTRIAL MANUFACTURING)
97.4% Momentum

Trending & Favourite

4024.50

52 Week Low

111.6

EPS

66.63

PE

11.32

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: SKFINDIA Share Price Financial Analysis & Valuation

SKF India Ltd. (SKFINDIA) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Bearings vertical. It is one of Mid Cap company with Market Capitalization of Rs 18574.3 (in Cr). Total number of free float shares are 5.1 (in Lacs). SKF India Ltd. is listed on NSE with Exchange ID - INE640A01023 and trading code is NSE:SKFINDIA with short name SKF India.

In the past 1 year, SKF India Ltd. has declared an equity dividend of Rs 130 per share. At the current share price of SKFINDIA at Rs 6142.95, this results in a dividend yield of 2.12 %.

As per the Fundamental Analysis of NSE:SKFINDIA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SKFINDIA underlying value and future prospects. All of this data is available in SKFINDIA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SKFINDIA, it is clearly understood that SKFINDIA is Economical performer in terms of earnings and profit margins with an EPS of 111.6. NSE:SKFINDIA book value per share as of today is 542.67. The current price to book ratio for SKFINDIA as of May 18, 2024 is 11.32.

Valuation of the Stock: The current valuation of SKFINDIA stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SKFINDIA whether to BUY this stock at current valuation. The delivery percentage of SKFINDIA is 46.45% is very crucial parameter which shows that 46.45% investors are anticipating that the price of SKFINDIA share should go up with VWAP at 6124.67.

Now, the main question is whether to BUY or SELL, NSE:SKFINDIA at current valuation.
As per latest Analysis No. #1703:-

⇑ STRONG BUY SKFINDIA if All Greens

⇗ BUY SKFINDIA (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SKFINDIA (With Stop Loss) if only 1 Green

⇘ SELL SKFINDIA if NO Green Indicator

NSE: SKFINDIA Share Price Today (May 18, 2024)

(SKF India Ltd. Daily Analysis on the basis of SKFINDIA Intraday Graph & Trend)

SKF India Ltd. share price moved Up by 2.64% from its previous close of Rs 5659.5. SKFINDIA stock last traded price is 6142.95. SKFINDIA share price trend is Up with a total of 10020 stocks traded till now. It has touched an intraday high of Rs 6199.65 and an intraday low of Rs 6021.05. The SKFINDIA trading at 6142.95, Up by Rs. 157.80, or 2.64 percent which suggests that most of the Traders are anticipating that the price of SKFINDIA share should go Up.

NSE: SKFINDIA Share Price Tomorrow Prediction

(SKF India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SKFINDIA)

SKF India Ltd. share price moved Up by 2.64%. SKFINDIA share price short term trend is Up. It suggests that SKFINDIA Share Price for Tomorrow remains the same with VWAP at 6124.67 will be treated as stop loss for intraday traders. SKF India Ltd. Long term investors can follow the SKFINDIA long term trend as mentiond in future forecast table.

NSE Code

NSE: SKFINDIA

SKFINDIA Share Price Today

 6142.95

SKFINDIA Share Price Target Prediction for 2024 ^

 4912.9 - 6230.3

SKFINDIA Share Price Target Prediction for 2025*^

 6230.3 - 6637.3

SKFINDIA Share Price Target Prediction for 2026*^

 6637.3 - 7101.9

SKFINDIA Share Price Target Prediction for 2027*^

 7457

SKFINDIA Share Price Target Prediction for 2028*^

 7670

SKFINDIA Share Price Target Prediction for 2030*^

 8360
SKFINDIA Current Book Value 2023
540

*SKF India Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^SKFINDIA share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SKFINDIA Technical Analysis

Candlestick Pattern: @5328.75

SKFINDIA Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 5068.15 BUY 5065.58 BUY
MA_12 4793.47 BUY 4866.05 BUY
MA_20 4721.03 BUY 4775.24 BUY
MA_32 4592.5 BUY 4674.36 BUY
MA_50 4517.93 BUY 4623.44 BUY
MA_100 4543.53 BUY 4604.77 BUY
MA_200 4773.47 BUY 4637.88 BUY

SKFINDIA Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 5155.59 OverBought
MACD 58.14 BUY
ADX 43.03 Strong Trend
DMI (+/-) 40.57 / 7.77 Uptrend

SKFINDIA Momentum Oscillators

BUY (9) NEUTRAL (1) SELL (2)
Momentum Oscillators Value Action
RSI 75.88 Overbought
STOCHASTIC_K (Fast) 88.6 Overbought
STOCHASTIC_D (Slow) 81.74 Overbought
CCI 155.47 BUY
PSAR 4665.48 BUY
TRUE RANGE 371.45 SELL
ATR 171.14 SELL
WILLIAMS R -5.46 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 93.15 Overbought
MOMENTUM 701.45 BUY

SKFINDIA Last 1 Year Trend

Duration Value
1 Year 23.12%
3 Months 12.89%
1 Month 15.16%
1 Week 16.57%

SKFINDIA Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 90%
NEUTRAL / HOLD 3%
SELL 7%

Most popular Questions & Answers about SKFINDIA


SKF India Ltd. stock last traded price is 6142.95. SKFINDIA share price moved Up by 2.64% from its previous close of Rs 5659.5.

SKF India Ltd. share price trend is Up with a total of 10020 stocks traded till now. It has touched an intraday high of Rs 6261.6465 and an intraday low of Rs 6021.05. The SKFINDIA trading at 6142.95, Up by Rs. 157.80, or 2.64 percent which suggests that most of the Traders are anticipating that the price of SKFINDIA share should go Up and the Stop Loss will be around 6124.67.

The market cap of SKF India Ltd. is ₹18574.3 (in Cr) as of May 17, 2024.

The current price to earning ratio for SKF India Ltd. as of May 17, 2024 is 66.63.

The current price to book ratio for SKF India Ltd. as of May 17, 2024 is 11.32.

The highest price of SKF India Ltd. stock is ₹6199.65 in the last 52-week.

The lowest price of SKF India Ltd. stock is ₹4024.50 in the last 52-week.

SKF India Ltd. share trading at ₹6142.95, Up by Rs. 157.80, or 2.64 percent which suggests that most of the traders are anticipating that the price of SKFINDIA share should go Up.

In 2023, Stock price target for SKF India Ltd. (SKFINDIA) are ₹4912.9 on downside and ₹6230.3 on upside. SKF India Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for SKF India Ltd. (SKFINDIA) are ₹6230.3 on downside and ₹6637.3 on upside. SKF India Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for SKF India Ltd. (SKFINDIA) are ₹6637.3 on downside and ₹7101.9 on upside. SKF India Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for SKF India Ltd. (SKFINDIA) will be around ₹7670 SKF India Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SKFINDIA.

As per the fundamental analysis of SKF India Ltd. (SKFINDIA), it is of Economical quality in terms of earnings and profit margins with an EPS of 111.6. SKF India Ltd. book value per share as of today is 542.67. The current price to book ratio for SKFINDIA as of May 18, 2024 is 11.32.


NSE:SKFINDIA News & Other Useful Information about SKFINDIA Share Price


Peer Comparison of NSE: SKFINDIA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Bearings

Company Price EPS BV
SCHAEFFLER 4311.65 58.69 308.08
SKFINDIA 6142.95 111.6 542.67
TIMKEN 4215.40 52.13 321.36
NRBBEARING 318.40 25.59 66.22
MENONBE 128.65 4.58 26.12
NIBL 36.20 0 -5.58
Updated at: 17 May 2024 15:59

Feel free to contact us, in case of any queries.

SITEMAP 1711
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3057.00 15.35 (0.5%) | ADANIGREEN 1833.00 -11.40 (-0.62%) | ADANIPORTS 1335.70 -9.35 (-0.7%) | ADANITRANS 1035.15 4.15 (0.4%) | AMBUJACEM 620.70 5.30 (0.86%) | APOLLOHOSP 5953.05 21.35 (0.36%) | ASIANPAINT 2809.90 -4.15 (-0.15%) | ATGL 913.65 6.85 (0.76%) | AUROPHARMA 1185.70 20.65 (1.77%) | AXISBANK 1141.35 2.05 (0.18%) | BAJAJ-AUTO 8787.00 -84.85 (-0.96%) | BAJAJFINSV 1587.00 -9.00 (-0.56%) | BAJFINANCE 6727.40 -19.75 (-0.29%) | BALKRISIND 2797.75 133.20 (5%) | BANDHANBNK 181.15 1.55 (0.86%) | BANKBARODA 261.90 -1.00 (-0.38%) | BEL 248.20 10.30 (4.33%) | BERGEPAINT 491.85 1.85 (0.38%) | BHARTIARTL 1344.45 -0.65 (-0.05%) | BIOCON 305.85 0.10 (0.03%) | BOSCHLTD 31027.75 -13.80 (-0.04%) | BPCL 628.30 9.55 (1.54%) | BRITANNIA 5086.80 -50.95 (-0.99%) | CADILAHC 1051.40 42.40 (4.2%) | CIPLA 1399.05 -22.05 (-1.55%) | COALINDIA 470.25 1.95 (0.42%) | COLPAL 2682.00 -4.30 (-0.16%) | DABUR 536.00 -6.05 (-1.12%) | DIVISLAB 3910.75 -20.40 (-0.52%) | DLF 848.80 7.30 (0.87%) | DMART 4682.90 11.65 (0.25%) | DRREDDY 5799.55 -50.85 (-0.87%) | EICHERMOT 4693.90 12.15 (0.26%) | GAIL 203.90 8.45 (4.32%) | GLAND 1791.25 11.60 (0.65%) | GODREJCP 1295.10 -7.65 (-0.59%) | GRASIM 2423.65 51.05 (2.15%) | GUJGASLTD 556.50 5.60 (1.02%) | HAVELLS 1819.00 41.30 (2.32%) | HCLTECH 1333.20 -14.95 (-1.11%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3790.15 5.65 (0.15%) | HDFCBANK 1464.10 3.85 (0.26%) | HDFCLIFE 570.60 0.40 (0.07%) | HEROMOTOCO 5089.20 -52.15 (-1.01%) | HINDALCO 655.45 2.10 (0.32%) | HINDUNILVR 2320.35 -22.80 (-0.97%) | HINDZINC 588.00 4.70 (0.81%) | ICICIBANK 1130.50 -0.55 (-0.05%) | ICICIGI 1669.55 -7.25 (-0.43%) | ICICIPRULI 590.20 0.15 (0.03%) | INDIGO 4370.00 79.60 (1.86%) | INDUSINDBK 1412.35 3.60 (0.26%) | INDUSTOWER 344.45 3.45 (1.01%) | INFY 1445.00 -8.35 (-0.57%) | IOB 62.05 0.00 (0%) | IOC 164.05 1.20 (0.74%) | ITC 436.30 4.85 (1.12%) | JSWSTEEL 907.45 21.05 (2.37%) | KOTAKBANK 1696.55 24.50 (1.47%) | LT 3450.75 -9.85 (-0.28%) | LTI 4764.30 -6.90 (-0.14%) | LUPIN 1651.75 -11.20 (-0.67%) | M&M 2514.60 142.85 (6.02%) | MARICO 599.00 7.75 (1.31%) | MARUTI 12641.50 143.85 (1.15%) | MCDOWELL-N 1182.55 5.45 (0.46%) | MOTHERSUMI 129.35 2.10 (1.65%) | MUTHOOTFIN 1695.55 16.00 (0.95%) | NAUKRI 6222.00 355.25 (6.06%) | NESTLEIND 2448.00 -20.35 (-0.82%) | NMDC 276.65 11.65 (4.4%) | NTPC 365.45 4.00 (1.11%) | ONGC 277.45 -0.20 (-0.07%) | PEL 827.20 3.35 (0.41%) | PIDILITIND 2986.95 -31.15 (-1.03%) | PIIND 3590.00 -18.30 (-0.51%) | PNB 125.10 -0.05 (-0.04%) | POWERGRID 316.70 3.55 (1.13%) | RELIANCE 2871.40 20.70 (0.73%) | SAIL 166.90 3.30 (2.02%) | SBICARD 714.90 1.15 (0.16%) | SBILIFE 1434.20 -18.00 (-1.24%) | SBIN 817.85 5.90 (0.73%) | SHREECEM 26305.80 620.20 (2.41%) | SIEMENS 7185.35 141.50 (2.01%) | SRF 2280.35 9.60 (0.42%) | SUNPHARMA 1529.05 -7.25 (-0.47%) | TATACONSUM 1096.00 -3.75 (-0.34%) | TATAMOTORS 945.70 9.30 (0.99%) | TATAMTRDVR 636.75 8.70 (1.39%) | TATASTEEL 167.35 1.45 (0.87%) | TCS 3834.10 -66.85 (-1.71%) | TECHM 1305.40 -2.55 (-0.19%) | TITAN 3361.15 27.25 (0.82%) | TORNTPHARM 2710.40 11.70 (0.43%) | ULTRACEMCO 9890.35 181.25 (1.87%) | UPL 511.05 1.05 (0.21%) | VEDL 442.65 9.60 (2.22%) | WIPRO 461.00 -3.45 (-0.74%) |