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Exide Industries Ltd rises on continued buying

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Capital Market

Exide Industries Ltd is quoting at Rs 202.5, up 1.12% on the day as on 12:49 IST on the NSE. The stock is up 2.38% in last one year as compared to a 21.75% jump in NIFTY and a 29.54% jump in the Nifty Auto index.

Exide Industries Ltd is up for a third straight session today. The stock is quoting at Rs 202.5, up 1.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.65% on the day, quoting at 14740.2. The Sensex is at 50135.86, up 0.69%. Exide Industries Ltd has gained around 9.88% in last one month.

 

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has gained around 20% in last one month and is currently quoting at 10369.25, up 2.05% on the day. The volume in the stock stood at 20.55 lakh shares today, compared to the daily average of 46.58 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 203.7, up 1.52% on the day. Exide Industries Ltd is up 2.38% in last one year as compared to a 21.75% jump in NIFTY and a 29.54% jump in the Nifty Auto index.

The PE of the stock is 26.03 based on TTM earnings ending September 20.

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First Published: Jan 21 2021 | 1:05 PM IST

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