Schaeffler India, 2 more midcap stocks get ratings upgrade from Kotak Equities. Here’s why

Schaeffler India, 2 more midcap stocks get ratings upgrade from Kotak Equities. Here’s why

Auto components manufacturers Schaeffler India, Timken India and SKF India have been upgraded to ‘Add’ from an earlier ‘Sell’ rating by Kotak Institutional Equities, which sees good entry points in these midcap stocks following a 17-22% correction over the past 6 months. While Schaeffler has fallen by 17%, Timken and SKF’s declines stand at 20% … Read more

Chart Check: Breakout from a bullish flag pattern could take SKF India to Rs 6,000; time to buy this multibagger?

Chart Check: Breakout from a bullish flag pattern could take SKF India to Rs 6,000; time to buy this multibagger?

, part of the bearings industry, lost momentum after hitting record highs in September but chart patterns suggest that the stock could well hit Rs 6,000 in the next 2-3 months, suggest experts. The stock with a market capitalisation of more than Rs 24,000 cr hit a record high of Rs 5,074 on September 12, … Read more