Exide Industries Ltd. shares rise 0.67% as Sensex climbs

A total of 27,275 shares changed hands on the counter till 11:01AM (IST)

By ETMarkets.com | Jul 01, 2020, 11.01 AM IST

Once equity investing is viewed as a viable alternative to savings in the form of assets like property, gold and bank deposits, we may witness a spread of liquidity to a broader set of stocks.

Shares of the Exide Industries Ltd. traded at Rs 149.15 on BSE at 11:01AM (IST) on Wednesday, up 0.67 per cent from previous close.

The stock quoted a 52-week low price of Rs 121.9 and a high of Rs 209.9.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 27,275 lakh shares changed hands on the counter till 11:01AM (IST).

The stock of Exide Industries Ltd. commands a market value of Rs 12656.5 crore.

The stock traded at a price-to-earning (P/E) multiple of 16.58, while the price-to-book value ratio stood at 1.94. Return on equity (ROE) was at 11.78 per cent, according to exchange data.

In the BSE500 pack, 268 stocks traded in the green, while 232 stocks were in the red.

Promotor Holding
Promoters held 0.0 per cent in the Exide Industries Ltd. as of 31-Mar-2020 while foreign portfolio investors and domestic institutional investors owned 9.41 per cent and 16.27 per cent, respectively.

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