INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Exide Industries with a target price of Rs 280
The current market price of Exide Industries is Rs 269.85
Time period given by analyst is Intra Day when Exide Industries price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 265
Exide Industries, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 22937.25 crore) operating in Auto
Exide Industries key Products/Revenue Segments include Batteries (Storage) which contributed Rs 9441.12 crore to Sales Value (99.80 per
cent of Total Sales), Export Incentives which contributed Rs 8.19 crore to Sales Value (0.08 per cent of Total Sales), Scrap which
contributed Rs 5.34 crore to Sales Value (0.05 per cent of Total Sales) and Other Operating Revenue which contributed Rs 5.15 crore to Sales
Value (0.05 per cent of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 2720.35 crore, down 1.88 per cent from last quarter
Sales of Rs 2772.46 crore and up 14.72 per cent from last year same quarter Sales of Rs 2371.32 crore Company has reported net profit after
tax of Rs 268.41 crore in latest quarter
Raheja, Mr.Subir Chakraborty, Mr.Sudhir Chand, Mr.Surin Kapadia, Mr.Vijay Aggarwal, Ms.Mona N Desai.
