SKS Tech (SKS) is held by 5 ASX ETFs. Over the last 3 months it rose 7.5%: on $10,000, +$749. We explain 3 big moves in that time.
About SKS
- SectorIndustrials
- IndustryCapital Goods
- Size$1.0b
- Held by5 ETFs
- Big moves3 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −12.3%peak −14.0%7 Oct 2026· Contract
The stock was placed in a trading pause shortly after a weak MEL2 contract progress report, and trading resumed lower on the pending news.
- +6.6%peak +8.1%17 Sep 2026· Operational
Positive news coverage highlighting SKS Technologies' data centre growth, expanding order book, and FY27 outlook appears to have lifted investor sentiment and driven buying interest.
- −7.8%peak −11.7%18 Aug 2026· Earnings Beat
SKS Technologies fell sharply despite reporting record FY26 earnings (93% profit surge, 33% revenue growth), a classic 'sell the news' reaction where strong results had already been priced in ahead of the announcement.
Held by 5 ETFs
Of every $10,000 in each fund, how much is in SKS today.
Why did SKS fall 12.3% on 7 Oct 2026?
SKS Tech
The stock was placed in a trading pause shortly after a weak MEL2 contract progress report, and trading resumed lower on the pending news.
The only stock-specific, market-sensitive items in the window are the MEL2 contract progress report and a same-evening trading pause; the timing lines up with the abnormal move, and volume was extreme. The sector signal is immaterial (+0.12% vs -11.5%), so this is company-specific. However, the pause header itself does not reveal the content of the pending news, so the exact driver behind the drop remains somewhat uncertain.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
ASX announcements
Sector / macro signals
What it did to the 5 ETFs holding SKS
On $10,000 in each fund, at the weight it holds today