BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse maintains outperform on Exide Industries
Gradual improvement is likely to continue. Inverter sales have started off well. Increase target price earnings multiples for the stock to 17 times from 15 times earlier. Valuation gap with Amara Raja should narrow.