Exide Industries is currently trading at Rs. 252.00, up by 4.20 points or 1.69% from its previous closing of Rs. 247.80 on the BSE.
The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 252.00 and Rs. 247.65 respectively.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 270.40 on 08-May-2018 and a 52 week low of Rs. 192.85 on 06-Feb-2018.
Last one week high and low of the scrip stood at Rs. 255.00 and Rs. 246.00 respectively. The current market cap of the company is Rs. 21063.00 crore.
The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 33.73% and 20.28% respectively.
Exide Industries has signed Joint Venture (JV) agreement with Leclanche SA, a company incorporated under the laws of Switzerland. The JV will undertake business in the territory of India for manufacturing, assembly, trade, sale and distribution of lithium ion batteries, module making and associated systems.
The JV to also undertake business for contract manufacturing/ sourcing of modules for third parties in the Territory on a case to case basis for strategic reasons as may be agreed between the Parties.
Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
| Company Name | CMP |
|---|---|
| Exide Inds | 329.50 |
| Amara Raja Energy | 765.95 |
| HBL Engineering | 774.80 |
| Eveready Inds. India | 304.50 |
| Indo-National | 326.55 |
| View more.. | |
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