Exide Industries Shares: Exide Industries Share Price on NSE/BSE
Exide Industries shares have shown a lot of growth today, the stock started from Rs 410.00 and is currently trading at Rs 442.90 on NSE and on BSE it is trading at Rs 443.35 with just slight difference. Last day this stock had closed at Rs 409.05, today it has seen a rise of 8.28% on NSE and 8.35% on BSE. This stock has gained more than 45% in a month. Exide Industries shares has listed on both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Exide Industries shares market capitalization stand at Rs 37.73TCr. Its PE ration stands at 43.20, sector PE ratio stands at Rs 61.17. Exide Industries are also providing the dividend yield of 0.45%, sector dividend yields of 0.49%. PB ratio is 3.12 and sector PB ratio is 7.09. High for the day was Rs 448.00 and low for the day was 407.00. 52-week high for this stock is 448.00 and 52-week low is 184.35. Exide Industries Limited is the manufacturer of variety range of lead acid storage batteries.
Summary
Why has Rally been seen in Exide Industries today?
Explaining the reason behind this rally, technical analysts have suggested that the stock of Exide Industries has entered the overbought zone and some of them are saying that profit booking has been seen in this stock. Immediate support price of Exceed Industries can be seen at 430 while its resistance price can be seen at 452.
Last week, Excide Industries signed a MoU (memorandum of understanding) with Hyundai-Kia deal. The main motive behind this agreement is to supply batteries to Hyundai-Kia. After which the stock jumped by almost 17% in just one day’s trading session. Such a jump has been seen in the stocks of Excide Industries since 2006.
Financial History of Exide Industries of last 5 years
In terms of financial metrics, Exide Industries Ltd stock has given the return of 119.25% in last 5 years, in last one year it has given the return of 135.59%, in last 6 months it has given the return of 75.00% and it we check its last month growth return it has given the return rate of 53.20%. In just one month it has given return more than 50%.
The revenue of Exide Industries stock has experienced an annual growth rate of 3.38%, different from the industry average revenue growth rate of 4.51% while the market share has seen a decrease from 54.68% to 51.77%, it’s worth noting the condition of industry changing. On the other side Exide Industries net worth income has increased over the 5 years at a yearly rate of 3.55% as compared to the industry average growth rate of 4.78%.
Exide Industries Shares Comparative Analysis to its peers
In this, Exide Industries has been compared with other competitive industries in which we can see where Exide Industries is standing in the market at this time and in what situation it is. And this makes it easier to know at what growth rate the company is growing compared to other companies.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| Exide Industries Ltd | 43.20 | 150.08 | 61% |
| Amara Raja Energy & Mobility Ltd | 23.00 | 50.32% | 46.15 |
| HBL Power Systems Ltd | 126.00 | 355.47% | – |
| Eveready Industries India Ltd | 88.94 | 11.11% | 100.00 |
| Indo National Ltd | -79.46 | 84.93% | – |
About Exide Industries Limited
Exide Industries Limited is an Indian multinational company which is great manufacturer of storage batteries. Its headquarters is in Kolkata India. It is the largest manufacturer of acid storage batteries and power storage provider in India. Exide Industries has founded in 1947 and its CEO is Subir Chakraborty. More than 5,208 employees are working here and its subsidiaries are Chloride Metals Ltd. (CML), Chloride International Ltd. (CIL), Chloride Batteries S.E. Asia Pte Ltd (CBSEA), Espex Batteries Ltd (ESPEX), Associated Battery Manufacturers (CEYLON) LTD. (ABML), Exide Energy Private Ltd. (EEPL).
Exide Energy Solutions Ltd. (EESL Exide Industries manufactured products include batteries which are used in automotive, industrial, inverter, and home UPS applications. Automotive batteries are used SLI applications across 2-wheelers, 3-wheelers, and 4-wheelers buses, trucks, jeeps and cars. Exide Industries also provide batteries services to navy.
Exide Industries share price target
Exide Industries is a multinational Indian company which is a manufacturer of storage battery. Its share price is depending upon various factors like market position, future aspects, market growth and many other factors. Exide Industries share price target for 2024, 2025 and 2030 are as follows.
Exide Industries share price target for 2024
Share price target of Exide Industries for 2024 could be predicted as of Rs 625.00. This share price target is just future prediction, it might be up trend and might be down trend depending upon its future sentiments and market requirement.
Exide Industries share price target for 2025
Share price target of Exide Industries for 2024 could be predicted as of Rs 742.00. this share price target has been predicted by using above market factors. Before making any financial investment please take an advice from your financial expert.
Exide Industries share price target for 2030
Share price target of Exide Industries for 2024 could be predicted as of Rs 1415.00. If the market trend remains in the favour of industry this price could be increase.
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