News for SKF India Limited (SKFINDIA.BO)

Despite the Union Budget's focus on consumption, capital goods stocks have significantly outperformed, with the BSE Capital Goods Index soaring 10%. This rally, fueled by strong order pipelines and high manufacturing capacity utilization, has added Rs 1.85 lakh crore in market value. Experts suggest this capex revival is a multi-year phenomenon, driven by government initiatives and healthy corporate balance sheets.

Amidst market volatility, high beta stocks experienced steeper declines, with many falling significantly from their peaks. Low beta stocks demonstrated greater resilience, declining less on average. Factors like global trade tensions, FII selling, and concerns over corporate earnings have contributed to market wobbles. However, recent FII buying and expectations of India's economic outperformance offer some tailwinds.

Stocks including Vodafone Idea, NBCC (India), BEML, Hero Moto, IRCTC, Kolte Patil, ITC, Jupiter Wagons, Cyient DLM and more will be in the spotlight on Wednesday, February 12.

Stocks including DAM Capital, Mamata Machinery, Mazagon Dock, Jubilant Foodworks, IndusInd Bank, Power Mech, SKF India and more will be in the spotlight on Friday, December 27.

Stocks including Swiggy, PNB Housing, Nykaa, ACME Solar, BSE, Tata Chemicals, Varun Beverages, PNC Infratech and more will be in the spotlight on Wednesday, November 13.

Stocks including Infosys, Dr Reddy's Labs, Torrent Power, Bharti Airtel, Infra Infra, PB Fintech, JSW Infra, SKF India, Nuvama Wealth and more will be the spotlight on Wednesday, October 9.

Stocks including Infosys, REC, Mankind Pharma, GR Infra, Reliance Power, Vakrangee, Reliance Infra and more will be the spotlight on Wednesday, September 18.

Nifty closed the week with 2% gains, despite significant block deals totaling Rs 10,934 crore across large, mid, and smallcap companies. Tata Group's Trent led largecap block deals with Rs 715 crore, followed by Mankind Pharma, Tube Investments of India, Bosch, and others.

Aug 14, 2024 / 06:00AM GMTOperator Ladies and gentlemen, good morning, and welcome to the SKF India Limited Q1 FY 2024, '25 earnings conference call. (Operator

Vodafone, Firstcry, Unicommerce, Kotak Mahindra Bank, Wipro, JSW Steel, NMDC, Hudco, IRFC and more may remain under the spotlight before the opening bell on Tuesday, August 13.

Buzzing Stocks Today, Stocks that will see action today: August 13, 2024 - Bharti Airtel, Wipro, Aditya Birla AMC, NBCC, Oberoi Realty, Bajaj Finance, Saregama India, GR Infraprojects, KPI Green Energy

Several major companies, such as Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric, are set to release their June quarter earnings reports this week.

Based on average market capitalization from January to June 2024, seven stocks are poised to join the large-cap category. The list includes two-wheeler giant Hero MotoCorp, state-run companies BHEL and NHPC, along with Zydus Lifesciences, JSW Energy, Bosch, and Cummins India.

Among the stocks in the capital goods sector, Timken India emerged as the top gainer with a rally of 1,736% in the past decade

Indian benchmark equity indices, Sensex and Nifty50, logged record closing highs for a second straight session on Friday, driven by state-run companies and energy stocks on hopes of continued capital expenditure spending by the new government.

Stock market holiday: On Friday, The 30-share BSE pack settled 182 points or 0.24 per cent higher at 76,992. The broader NSE Nifty index touched an all-time high of 23,490 before closing 67 points or 0.29 per cent up at 23,466.

AMFI classifies largecap companies as those ranked from 1-100 in market capitalisation, midcap companies from 101-250 and smallcap companies as those ranked from 251 onwards.

In the upcoming Amfi Semi-Annual Categorisation for the second half of 2024, seven stocks, including Hero MotoCorp and BHEL, are poised to move to the large-cap category from mid-cap. Stellar rallies have propelled their returns over the past year.

Nifty ended Thursday expiry weaker by 345 points as the index broke below both the lower boundary of its upward channel and the support of the 50-day exponential moving average (DEMA) around the 22,150 level.