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
HDFC Securities
N/A
09-05-2018 Buy 262.60 298.00
N/A
Target Hit Long (1Y)
09-05-2019

HDFC Securities Maintains 'Buy' on Exide Industries

Exide  growth story is premised on 1) strong growth in OEMs and replacement segment 2) capturing market from unorganized players post GST and  3)  Strong  traction  in nascent e-rickshaws /solar segments, says the brokerage. However, challenges persist in the form of falling lithium-ion battery cost (concern for  the  demand  of  lead  acid  batteries),  higher capex requirement and lackluster  life  insurance biz, it adds.

Top