The stock dropped to a low of Rs 121 - down 5.5% from the day's high. It finally ended flat at Rs 122. Over 16.7 lakh shares wree traded as against the two week daily average trade of 5.75 lakhs.
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(Updated at 1010 hrs)
Exide Industries jumped 4% to Rs 126 on BSE after net profit surged 132.40% to Rs 130.48 crore on 15.9% rise in net sales to Rs 912.57 crore in Q3 December 2009 over Q3 December 2008.
The stock opened at Rs 123 and soared to a high of Rs 128. The counter has clocked volumes of 9.41 lakh shares on the BSE as compared to the two-week daily average traded volumes of 5.75 lkah shares.
