SKF India Hits 52-Week Low Amidst High Volatility and Sector Underperformance

Feb 13 2025 09:35 AM IST
share
Share Via
SKF India has reached a new 52-week low, underperforming its sector significantly. The stock has declined consecutively over the past five days and shows high volatility in today's trading. Despite its struggles, SKF India offers a notable dividend yield, reflecting its appeal to income-focused investors amid challenging market conditions.
SKF India has experienced significant activity today, reaching a new 52-week low of Rs. 3643. This decline marks a notable underperformance, with the stock trailing its sector by 3.3%. Over the past five days, SKF India has seen a consecutive drop, accumulating a total decline of 9.3%. Today's trading session was marked by high volatility, with an intraday volatility rate of 155.02%, indicating substantial price fluctuations.

The stock's performance has been consistently below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a challenging market position. Additionally, SKF India boasts a high dividend yield of 3.56% at the current price, which may appeal to income-focused investors despite the stock's recent struggles.

Over the past year, SKF India has faced a decline of 17.59%, contrasting sharply with the Sensex, which has gained 6.56% during the same period. This performance highlights the challenges faced by SKF India within the bearings industry amidst broader market trends.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News