Profit

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

NSE
246.60
Change Change %
-2.20 -0.88%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
246.35
Change Change %
-2.55 -1.02%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Kotak
N/A
23-12-2016 Sell 171.45 165.00
N/A
Closed Long (1Y)
23-12-2017

Kotak maintains sell on Exide Industries

Kotak has maintained sell on Exide Industries for target price of Rs 165 per share. It expects revenue growth of battery companies to slow down and says that the valuations are still demanding. It adds that valuations don't factor in weaker medium-term growth and sharp rise in lead costs to limit margin upside.

Top