Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
268.05
Change Change %
2.00 0.75%

Updated:21 Sep, 2018, 15:55 PM IST

BSE
268.60
Change Change %
1.45 0.54%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
06-04-2016 Sell 133.00 120.00
N/A
Closed Long (1Y)
06-04-2017

CLSA initiates Exide Industries with sell

Exide faces a weak demand outlook. Operating profit should witness lower growth over 2 years. Except muted 4 per cent earnings growth over 2 years. Stock trades at 17 times its estimated 2018 price earnings multiple.

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