Manish Bhatnagar Of SKF India Shares His Insights On Auto Segment & Industrial Demand
The automobile sector is seeing a sharp recovery with sales volumes rising. This has also helped the auto ancillary companies as they are witnessed increased orders in the domestic and export markets. SKF India is one of the leading bearing manufacturers for deep groove ball bearings and has a presence across industrial and auto sectors, with both contributing 50-50% to its topline. The company has seen a sharp increase in its Q2FY22 revenue and profit. The stock price has also jumped 148% in the last one year. Manish Bhatnagar, MD, SKF India shares his views on the company’s performance, outlook on the sector and demand prospects in the industrial segment. Watch
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