Exide Industries is currently trading at Rs. 124.40, up by 4.15 points or 3.45% from its previous closing of Rs. 120.25 on the BSE.
The scrip opened at Rs. 121.60 and has touched a high and low of Rs. 130.70 and Rs. 121.50 respectively. So far 11,39,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 174.65 on 20-Jul-2011 and a 52 week low of Rs. 98.75 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 130.70 and Rs. 118.05 respectively. The current market cap of the company is Rs. 10,574.00 crore.
The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 32.28% and 21.73% respectively.
Exide Industries has entered into technical collaboration and assistance agreements with East Penn Manufacturing Company Inc, USA. Under the arrangement, East Penn will provide technical assistance and support for the manufacture of automotive, motive power, standby, telecom, UPS, solar and traction batteries for Exide's various plants in India. This technical assistance will include a wide range of activities including the enhancement of processes for manufacturing, designs, quality control, and procurement.
Further, East Penn has also agreed to provide technical assistance and support to the two captive smelters of Exide Industries located near Pone and Bangalore. East Penn will assist in the implementation of measures to continuously improve on the various local environment and health parameters as well as global standards.
East Penn is a leading US manufacturer of high quality lead-acid battery and accessory products for the automotive, telecommunications, UPS, commercial, marine, and motive power markets.
Exide Industries was incorporated in January 1947 as Associated Battery Makers to purchase all or any of the assets of the business of manufacturers, buyers and sellers of and dealers in and repairers of electrical and chemical appliances and goods carried on by the Chloride Electric Storage Company. It manufactures a wide range of storage batteries with 2.5 Ah to 20,400 Ah capacities.
| Company Name | CMP |
|---|---|
| Exide Inds | 425.90 |
| Amara Raja Energy | 1196.60 |
| HBL Engineering | 652.55 |
| Eveready Inds. India | 400.55 |
| Indo-National | 548.25 |
| View more.. | |
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