BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch downgrades Exide Industries to neutral
The brokerage says declining pricing power led to second quarter earnings miss. The stock is trading fairly at 18.6 times to its price to earnings ratio, added the brokerage.