Date: 2013-08-01

SKF to Make Fresh Investments of Rs 120cr; Stk Rises

SKF India touched a 52-week high of Rs 616. At 09:43 hrs the share was quoting at Rs 606, up Rs 15.90, or 2.69%.

The company is making fresh investments of Rs 120 crore in India. The company is looking for acquisitions in bearings, lubricants, seals areas. It is actively talking to a couple of short-listed companies. The acquisition size could be over USD 150 million, reports CNBC-TV18.

It was trading with volumes of 9,012 shares. On Thursday the share closed up 0.06% or Rs 0.35 at Rs 590.10.

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Product Model	Inside Diameter	Outside Diameter	Thickness
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MLF6010 KOYO	6	10	2.5

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