LIVE MARKET TRACKER :   BSE SENSEX   27126.57      |    NSE NIFTY 8159.30    
GLOBAL MARKETS :  NASDAQ 4718.339   +1.59%    |    FSI London 6449.73   +1.79%    |    NIKKEI Japan 17210.051   +2.32%
  USD GBP EUR CAD AUD INR
USD - 0.6385 0.8142 1.1615 1.2228 62.95
GBP 1.5663 - 1.2753 1.8192 1.9153 98.5992
EUR 1.2286 0.7844 - 1.427 1.5024 77.3404
CAD 0.861 0.5497 0.7011 - 1.0529 54.2018
AUD 0.8178 0.5222 0.6659 0.9499 - 51.4824
INR 0.0159 0.0102 0.013 0.0185 0.0195 -
Indian-Commodity  :  Equity & Shares  :  SKF India edges higher on the buzz of inking pact with Audi

SKF India edges higher on the buzz of inking pact with Audi (07-Dec-2012)

SKF India is currently trading at Rs 645.00, up by 1.35 points or 0.21% from its previous closing of Rs 643.65 on the BSE.

The scrip opened at Rs 664.00 and has touched a high and low of Rs 664.00 and Rs 645.00 respectively. So far 72 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 728.00 on 03-Apr-2012 and a 52 week low of Rs 535.45 on 27-Dec-2011.

Last one week high and low of the scrip stood at Rs 647.00 and Rs 629.00 respectively. The current market cap of the company is Rs 3401.25 crore.

The promoters holding in the company stood at 53.58% while Institutions and Non-Institutions held 32.31% and 14.11% respectively.

SKF has reportedly inked pact with Audi for providing its components for use on a range of vehicle models. The contract, which is estimated to the worth of nearly SEK 1 billion, includes the delivery of four different versions of wheel bearing units for the wheel-ends and a range of bearings for the new double clutch transmission. Deliveries would begin in 2013 from SKF factories in Spain and Italy.

SKF's wheel bearing units include an active ABS system and the flexible design that provide a cost-effective solution for a range of vehicles, using Audi's new modular MLB Evo-platform. Further, the company's transmission and clutch bearings are designed to meet Audi specific double clutch transmission needs.

SKF India provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems. The company manufactures different types of bearings, seals including roller bearings, bearing units, housings, industrial and hydraulic seals, linear motion products, high precision bearing, spindles, electrical actuators, actuation systems and rolling bearing steel which are used in cars and truck wheels.


Top News Today
RBI Governor emphasizes on better banking practices
(26-Nov-2014)

RBI Governor emphasizes on better banking practicesAmid the rising clamour from industry for rate cuts and signs of slow economic growth in September quarter that may compel Finance Ministry Arun Jaitley too, to argue Reserve Bank of India (RBI) Governor......click on news to read complete article.

GMR Infrastructure , FTIL and SAIL to see some action today
(26-Nov-2014)

GMR Infrastructure , FTIL and SAIL to see some action todayGMR Infrastructure (GIL) has emerged as lowest bidder in international competitive bidding for two packages of Eastern Dedicated Freight Corridor project involving construction of 417 km long double track......click on news to read complete article.

Telecom, IT and broadcast soon to see a new super-regulator
(25-Nov-2014)

Telecom, IT and broadcast soon to see a new super-regulatorA new super-regulator governing telecom, information technology and broadcast is on the anvil, as the Centre has finalised the broad outline for appointing a new super-regulator governing these sectors.......click on news to read complete article.

International Stock News
US markets end mostly in red on mixed economic data
(26-Nov-2014)

US markets end mostly in red on mixed economic dataThe US markets ended mostly in red on Tuesday on getting a mixed set of economic data, while the US third quarter GDP showed an unexpected growth, the consumer confidence declined in the month of November.......click on news to read complete article.

US markets move higher in a range bound trade
(25-Nov-2014)

US markets move higher in a range bound tradeThe US markets extending their gains ended modestly higher on Monday, though the trade remained tight ranged and some traders on the sidelines, lacking any major economic data. But the mood was jubilant......click on news to read complete article.

US markets closed higher as Europe, China fuel optimism
(22-Nov-2014)

US markets closed higher as Europe, China fuel optimismThe US markets closed higher on Thursday, as optimism in the global economy grew after central banks in China and Europe signaled additional stimulus measures. The initial strength on Wall Street came......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.