SKF India lost 3.68% to Rs 1,399 at 12:00 IST on BSE after net profit fell 14.01% to Rs 46.55 crore on 1.52% rise in total income to Rs 630.55 crore in Q2 June 2015 over Q2 June 2014.
The result was announced after market hours yesterday, 21 July 2015.
Meanwhile, the BSE Sensex was up 221.53 points, or 0.79%, to 28,403.67.
On BSE, so far 977 shares were traded in the counter, compared with an average volume of 3,943 shares in the past one quarter.
Shares of ball bearing manufacturing company hit a high of Rs 1,445.10 and a low of Rs 1,395 so far during the day. The stock had hit a record high of Rs 1,540.35 on 8 April 2015. The stock had hit a 52-week low of Rs 1,005.15 on 24 September 2014.
SKF India's profit before tax (PBT) fell 13% to Rs 70.90 crore in Q2 June 2015 over Q2 June 2014.
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