Exide Industries Ltd soars 1.24%, Gains for third straight session

Exide Industries Ltd is quoting at Rs 196.4, up 1.24% on the day as on 12:49 IST on the NSE. The stock is down 21.61% in last one year as compared to a 13.12% gain in NIFTY and a 5.56% gain in the Nifty Auto index.

Jan 16, 2020 07:01 IST capital market

Exide Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 196.4, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 12335.6. The Sensex is at 41858, down 0.04%. Exide Industries Ltd has added around 6.39% in last one month.

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has added around 4.28% in last one month and is currently quoting at 8385.35, down 0.01% on the day. The volume in the stock stood at 12.7 lakh shares today, compared to the daily average of 23.56 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 196.8, up 1.16% on the day. Exide Industries Ltd is down 21.61% in last one year as compared to a 13.12% gain in NIFTY and a 5.56% gain in the Nifty Auto index.

The PE of the stock is 19.93 based on TTM earnings ending September 19.

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