SKF India shares surge 4.4% as profit margins and 3.5-4.5 bln rupees capex boost outlook.

• Core profit margins to stay 17%-19% (automotive) and 16%, 18% (industrial) over 3 years.
• 3.5-4.5 bln rupees capex planned for channel expansion, 4.5-5 bln rupees for new plant.
• Trading volumes jump to 242,000 shares vs 61,000 daily average, YTD gain near 8%.