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Exide Industries Ltd sees continued selling pressure

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Capital Market
Last Updated : Dec 18 2020 | 2:16 PM IST

Exide Industries Ltd is quoting at Rs 189.95, down 0.89% on the day as on 13:19 IST on the NSE. The stock jumped 4.92% in last one year as compared to a 11.77% rally in NIFTY and a 12.03% spurt in the Nifty Auto index.

Exide Industries Ltd is down for a fifth straight session today. The stock is quoting at Rs 189.95, down 0.89% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.27% on the day, quoting at 13703.2. The Sensex is at 46760.99, down 0.28%.Exide Industries Ltd has added around 11.54% in last one month.Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has increased around 6.02% in last one month and is currently quoting at 9185.2, down 0.41% on the day. The volume in the stock stood at 17.61 lakh shares today, compared to the daily average of 49.07 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 190.6, down 0.73% on the day. Exide Industries Ltd jumped 4.92% in last one year as compared to a 11.77% rally in NIFTY and a 12.03% spurt in the Nifty Auto index.

The PE of the stock is 24.93 based on TTM earnings ending September 20.

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First Published: Dec 18 2020 | 1:35 PM IST

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