Exide Industries Ltd extends rising spree

Exide Industries Ltd is quoting at Rs 188.05, up 0.13% on the day as on 12:49 IST on the NSE. The stock is up 16.95% in last one year as compared to a 51.6% jump in NIFTY and a 47.59% jump in the Nifty Auto.

Oct 13, 2021 01:10 IST capital market

Exide Industries Ltd is up for a fifth straight session today. The stock is quoting at Rs 188.05, up 0.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 18147.8. The Sensex is at 60704.11, up 0.7%. Exide Industries Ltd has gained around 2.98% in last one month.

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has gained around 16.1% in last one month and is currently quoting at 11476.1, up 3.28% on the day. The volume in the stock stood at 23.71 lakh shares today, compared to the daily average of 47.25 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 188.5, up 0.13% on the day. Exide Industries Ltd is up 16.95% in last one year as compared to a 51.6% jump in NIFTY and a 47.59% jump in the Nifty Auto index.

The PE of the stock is 19 based on TTM earnings ending June 21.

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