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Exide Industries Ltd sees continued selling

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Capital Market
Last Updated : Sep 09 2020 | 2:31 PM IST

Exide Industries Ltd is quoting at Rs 155.75, down 1.39% on the day as on 13:29 IST on the NSE. The stock tumbled 14.98% in last one year as compared to a 1.77% rally in NIFTY and a 5.75% spurt in the Nifty Auto index.

Exide Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 155.75, down 1.39% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 11231.25. The Sensex is at 38089.93, down 0.72%.Exide Industries Ltd has eased around 4.48% in last one month.Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has increased around 3.01% in last one month and is currently quoting at 7888, down 0.47% on the day. The volume in the stock stood at 20.61 lakh shares today, compared to the daily average of 42.84 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 156.1, down 1.33% on the day. Exide Industries Ltd tumbled 14.98% in last one year as compared to a 1.77% rally in NIFTY and a 5.75% spurt in the Nifty Auto index.

The PE of the stock is 20.27 based on TTM earnings ending June 20.

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First Published: Sep 09 2020 | 1:36 PM IST

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