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The Nifty Auto index was trading 1.36 per cent down at 10734.1.

Buy SKF India, target price Rs 4115: ICICI Direct

Updated at : 2022-04-12 13:25:02

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SKF India Ltd. key Products/Revenue Segments include Bearings & Components, Sale of services, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.

“Beyond the headline number of the growth, the broad-based nature of growth and the coming of profitable growth with good margins are all the things that we are more focussed on. We have to build on it holistically and ensure that we are positioning ourselves well to participate in the opportunity that we see," says the TCS CEO & MD

Siyaram Silk Mills, which was trading well above Rs 700 levels back in May 2018, saw selling pressure which pushed the stock below Rs 100 in May 2020. But, value buying at lower levels helped the stock push through resistance levels to hit a fresh 52-week high in April.

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Coforge Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 25632.09 Crore) operating in IT Software sector.

Seoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth $1.7 billion in a series of purchases via a non-profit affiliate, Luna Foundation Guard, according to publicly available blockchain data.

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Promoters held 60.51 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 11.3 per cent and 1.15 per cent, respectively.

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Whirlpool remains the top pick, with average upside of 44 per cent and a target price of Rs 2,407. The stock was trading earlier at Rs 1,675 on BSE.

“We have been clocking about $8 to $9 billion of order book every quarter over the last few quarters and that is something that we are focussed on, we are comfortable with and we hope that we will have one or two mega deals during the coming year which will also bump up that number to a little over $10 billion in some of these quarters.”

Dolly Khanna, another seasoned investor, held 3,81,973 shares or a 1.06 per cent stake in this company as of March 31. She was not among shareholders with over 1 per cent stake in the company as of December 31, BSE data suggests. The scrip has rallied a massive 457 per cent in the last one year.

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