Exide Industries Ltd continues to edge higher

14 Mar 2022 , 01:00 PM

Exide Industries Ltd gained for a fifth straight session today. The stock is quoting at Rs 153.8, up 0.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 16765.9. The Sensex is at 56158.49, up 1.09%. Exide Industries Ltd has slipped around 3.54% in last one month.

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has slipped around 13.65% in last one month and is currently quoting at 9979.7, down 0.05% on the day. The volume in the stock stood at 8.31 lakh shares today, compared to the daily average of 23.89 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 153.8, down 0.29% on the day. Exide Industries Ltd is down 23.02% in last one year as compared to a 12.3% spurt in NIFTY and a 3.49% spurt in the Nifty Auto index.

The PE of the stock is 16.15 based on TTM earnings ending December 21.

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