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Exide Industries Ltd extends drop

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Capital Market
Last Updated : Feb 10 2020 | 2:31 PM IST

Exide Industries Ltd is quoting at Rs 178.2, down 2.11% on the day as on 13:24 IST on the NSE. The stock tumbled 14.59% in last one year as compared to a 10.38% rally in NIFTY and a 5.64% fall in the Nifty Auto index.

Exide Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 178.2, down 2.11% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 12019.4. The Sensex is at 40923.6, down 0.53%.Exide Industries Ltd has eased around 3.62% in last one month.Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has eased around 4.68% in last one month and is currently quoting at 8064.6, down 2.65% on the day. The volume in the stock stood at 16.04 lakh shares today, compared to the daily average of 29.48 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 178.7, down 2.03% on the day. Exide Industries Ltd tumbled 14.59% in last one year as compared to a 10.38% rally in NIFTY and a 5.64% fall in the Nifty Auto index.

The PE of the stock is 17.39 based on TTM earnings ending December 19.

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First Published: Feb 10 2020 | 1:35 PM IST

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