Exide Industries is currently trading at Rs. 160.20, up by 0.15 points or 0.09% from its previous closing of Rs 160.05 on the BSE.
The scrip opened at Rs 160.85 and has touched a high and low of Rs 163.45 and Rs 156.45 respectively. So far 561384 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 170.00 on 22-Jul-2014 and a 52 week low of Rs. 99.05 on 27-Jan-2014.
Last one week high and low of the scrip stood at Rs. 170.00 and Rs. 149.65 respectively. The current market cap of the company is Rs. 13659.50 crore.
The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 34.54% and 19.47% respectively.
In a bid to increase industrial battery making capacity at its existing plants, Exide Industries is planning to invest Rs 350 crore in the present fiscal. The company might also consider raising the automotive battery capacity in the next fiscal as it expects the industry sentiments to improve, he said.
Further, the company is expecting the sale of commercial vehicles to improve with higher economic activities going forward, which should lead to additional demand in the OEM market from the second quarter.
The company’s net profit for the first quarter rose by 16.68% at Rs 185.30 crore as compared to Rs 158.80 crore for the quarter ended June 30, 2013. Its total income increased by 17.59% to Rs 1921.10 crore for the quarter under review from Rs 1633.68 crore for the corresponding quarter of the previous year.
| Company Name | CMP |
|---|---|
| Exide Inds | 330.05 |
| Amara Raja Energy | 778.45 |
| HBL Engineering | 786.60 |
| Eveready Inds. India | 302.45 |
| Indo-National | 326.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: