Exide Industries gained 1.81% to Rs 118.15 at 15:15 IST on BSE after 0.53% equity changed hands in a bulk on BSE today, 13 May 2014.
Meanwhile, the S&P BSE Sensex was up 349.50 points or 1.48% at 23,900.50
A large bulk deal of 45.35 lakh shares was executed on the Exide Industries counter at Rs 118.90 per share at 10:14 IST on BSE today, 13 May 2014.
The large bulk deal boosted volume on the scrip. On BSE, so far 48.45 lakh shares were traded in the counter as against average daily volume of 1.92 lakh shares in the past one quarter.
The stock hit a high of Rs 121.85 and a low of Rs 116.60 so far during the day. The stock had hit a 52-week high of Rs 143.30 on 17 May 2013. The stock had hit a 52-week low of Rs 99.05 on 27 January 2014.
The stock had underperformed the market over the past one month till 12 May 2014, falling 5.96% compared with 4.07% rise in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 10.73% as against Sensex's 15.17% rise.
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The mid-cap company has an equity capital of Rs 85 crore. Face value per share is Re 1.
Exide Industries' net profit declined 9.8% to Rs 132.14 crore on 3.1% growth in total income to Rs 1622.79 crore in Q4 March 2014 over Q4 March 2013.
Exide Industries is a leading manufacturer of lead acid batteries for automotive, telecom, traction, UPS, naval and motive power markets.
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