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Exide Industries Ltd sees good buying

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Exide Industries Ltd is quoting at Rs 205, up 2.83% on the day as on 12:49 IST on the NSE. The stock is down 10.93% in last one year as compared to a 13.42% gain in NIFTY and a 0.53% gain in the Nifty Auto index.

Exide Industries Ltd rose for a third straight session today. The stock is quoting at Rs 205, up 2.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 12227.7. The Sensex is at 41513.45, up 0.31%. Exide Industries Ltd has added around 15.14% in last one month.

 

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has added around 2.14% in last one month and is currently quoting at 8241.75, up 0.75% on the day. The volume in the stock stood at 22.29 lakh shares today, compared to the daily average of 22.89 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 205.6, up 3.14% on the day. Exide Industries Ltd is down 10.93% in last one year as compared to a 13.42% gain in NIFTY and a 0.53% gain in the Nifty Auto index.

The PE of the stock is 20.48 based on TTM earnings ending September 19.

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First Published: Jan 24 2020 | 1:05 PM IST

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