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Exide Industries is currently trading at Rs. 463.85, up by 2.85 points or 0.62% from its previous closing of Rs. 461.00 on the BSE.
The scrip opened at Rs. 464.55 and has touched a high and low of Rs. 468.00 and Rs. 454.00 respectively. So far 91520 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 485.00 on 02-May-2024 and a 52 week low of Rs. 190.00 on 16-May-2023.
Last one week high and low of the scrip stood at Rs. 468.00 and Rs. 434.80 respectively. The current market cap of the company is Rs. 39690.75 crore.
The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 32.13% and 21.87% respectively.
Exide Industries has invested Rs 74.99 crore by way of subscription in the equity share capital of its wholly owned subsidiary, ‘Exide Energy Solutions’ (EESL), on rights basis. With this investment, the total investment made by the Company in EESL (including investment made in erstwhile merged subsidiary Exide Energy) stands to Rs 2,377.24 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.
EESL is in the process of setting up a green field plant at Bengaluru for manufacturing & selling lithium-ion battery cells, modules and pack business. The equity investment in EESL on a rights basis is to fund the above green field project and meet its various funding requirements.
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.
| Company Name | CMP |
|---|---|
| Exide Inds | 488.25 |
| Amara Raja Energy | 1180.30 |
| HBL Power Sys | 497.35 |
| Eveready Inds. India | 327.15 |
| Indo-National | 589.00 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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