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Buy SKF India, target price Rs 5200: JM Financial

Updated at : 2023-05-18 12:30:01

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SKF India key Products/Revenue Segments include Bearings & Components, Sale of services, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.

IT staffing in India contributes 7% of our overall workforce management revenue. So that way, we are, to that extent, rightly de-leveraged because we have huge exposures to BFSI, which contributes such a 31% to the general staffing revenue, retail, which does 22%, telecom, and industrial sector. So while there is, like Guru said, a bit of a slowdown in IT, but then there are other sectors who are doing well for us.

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A total of 259,100 shares changed hands on the counter till 11:28AM (IST)

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Bharti Airtel, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 475335.02 Crore) operating in Telecommunications sector.

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The Relative Strength Index of the stock stood at 73.3 on Thursday.

Trent shares gain 0.84% as Sensex rises

Updated at : 2023-05-18 12:30:01

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The stock quoted a 52-week high of Rs 1571.0 and a 52-week low of Rs 1005.1.

While the core identity will always revolve around being a crypto-first investment platform, CoinSwitch aims to increase retail involvement in the financial markets, and for this, it is looking at diversifying the asset classes through products such as fixed deposits and mutual funds.

The ongoing geopolitical tensions between Russia and Ukraine have also created uncertainty in the global markets. This may also be one of the reasons for some investors to reduce their exposure to equity.

Mahindra & Mahindra Financial Services, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 35694.46 Crore) operating in NBFC sector.

While we select stocks based on our algorithms in a non-discretionary manner, we can divide the team using three major types of stocks. One kind is the opening stability kind of stock mostly in the largecap zone that are difficult to move but once they get going the momentum runs for a while.

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