# SKF India swings to green, surges over 12% despite weak Q1 2026-08-13T05:35:33+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Shares of SKF India surged over 12% on Monday, swinging into positive territory despite reporting a sharp decline in first-quarter results for FY27. According to NDTV Profit, the company saw its consolidated revenue, Ebitda, and net profit fall sharply year-on-year in the period. The stock's strong rally came even as analysts had expected a weak quarter. Market watchers attribute the rebound to short covering and bargain buying after recent losses. The exact reasons for the divergence between earnings and share price remain unclear. ## Coverage - ndtvprofit.com Tags: bearish reversal, Q1 results, short covering, SKF India, stock surge Canonical: https://indianopinion.org/skf-india-swings-to-green-surges-over-12-despite-weak-q1/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/skf-india-swings-to-green-surges-over-12-despite-weak-q1/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.