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Exide Industries Ltd slips for fifth straight session

Capital Market 

Exide Industries Ltd is quoting at Rs 211.35, down 3.16% on the day as on 13:19 IST on the NSE. The stock jumped 1.49% in last one year as compared to a 4.96% rally in NIFTY and a 24.77% fall in the Nifty Auto index.

Exide Industries Ltd dropped for a fifth straight session today. The stock is quoting at 211.35, down 3.16% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.86% on the day, quoting at 10974. The Sensex is at 36674.02, down 0.8%.Exide Industries Ltd has lost around 18.66% in last one month.Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has eased around 5.12% in last one month and is currently quoting at 8736.7, down 3.26% on the day. The volume in the stock stood at 27.26 lakh shares today, compared to the daily average of 22.81 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 212.45, down 3.08% on the day. Exide Industries Ltd jumped 1.49% in last one year as compared to a 4.96% rally in NIFTY and a 24.77% fall in the Nifty Auto index.

The PE of the stock is 24.86 based on TTM earnings ending December 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 08 2019. 13:35 IST
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