Exide Industries is currently trading at Rs 120.30, up by 0.65 points or 0.54% from its previous closing of Rs. 119.65 on the BSE.
The scrip opened at Rs 120.55 and has touched a high and low of Rs 121.40 and Rs 119.65 respectively. So far 96627 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 150.90 on 07-Dec-2012 and a 52 week low of Rs. 115.35 on 08-Apr-2013.
Last one week high and low of the scrip stood at Rs 121.10 and Rs 117.10 respectively. The current market cap of the company is Rs 10234.00 crore.
The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 33.24% and 20.77% respectively.
Exide Industries cut battery prices by 2-5%. Back in July, the company in a bid to offset rising input costs had hiked the prices of its automotive batteries by 5-6%. The company has been facing pressure on its margins due to the depreciating rupee. However, with Indian currency retreating to 62.50/$, the company has gone ahead and slashed rates .
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. EIL 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 |
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