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Eveready Industries gains on eyeing growth of 10-15% this fiscal

09 Jan 2015 Evaluate

Eveready Industries India is currently trading at Rs. 176.00, up by 0.40 points or 0.23% from its previous closing of Rs. 175.60 on the BSE.

The scrip opened at Rs. 177.30 and has touched a high and low of Rs. 180.00 and Rs. 175.60 respectively. So far 34,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 196.70 on 03-Dec-2014 and a 52 week low of Rs. 33.15 on 04-Feb-2014.

Last one week high and low of the scrip stood at Rs. 184.50 and Rs. 170.00 respectively. The current market cap of the company is Rs. 1,279.00 crore.

The promoters holding in the company stood at 43.36% while Institutions and Non-Institutions held 13.89% and 42.75% respectively.

Eveready Industries India, a dry cell batteries maker, is eyeing a growth between 10-15% this fiscal. The dry cell battery major has taken a hike of over 20% in batteries over the past 18 months.

The company has hiked the prices of its batteries. This step has been taken as the excise duty on batteries has gone up by 2%. The concessional rate of excise duty earlier allowed for consumer durables was not extended beyond December, 2014.

Eveready is the market leader of dry cell batteries selling more than 1.2 billion units annually. Apart from dry cell batteries, Eveready is also the market leader in flashlights selling in excess of 26 million units per year Eveready also markets rechargeable lanterns and devices, CFL, GLS lamps & other lighting products and packet tea. Eveready has an extensive distribution network of 4000 dealers reaching all the way upto 5000 population town.

Eveready Inds. India Share Price

302.45 5.25 (1.77%)
17-Apr-2026 16:59 View Price Chart
Peers
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
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