SKF India Unveils Ambitious Plans to Double Capital Expenditure
SKF India, a leading manufacturer of bearings and lubrication systems, announces plans to double its capital expenditure from the current Rs 130-150 crores over the next 2-3 years. The company anticipates margin expansion across both business segments in the next three years. This increased investment aims to strengthen manufacturing capabilities and enhance market position, reflecting SKF India's commitment to long-term growth and competitiveness in the Indian market.
SKF India Shares: Block Trade Worth ₹18.07 Crore Executed on NSE
A significant block trade of SKF India Ltd. shares occurred on the NSE, involving 47,934 shares at ₹3,770.00 per share, totaling ₹18.07 crore. This large transaction has drawn market attention, potentially indicating shifts in investor positions or strategic moves by institutional players.