Buy Exide Industries, target Rs 234: Kunal Bothra

Buy Exide Industries Ltd. at a price target of Rs 234.0 and a stop loss at Rs 215 from entry point.

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Kunal Bothra recommended keeping a stop loss at Rs 215.
Independent analyst Kunal Bothra has a buy call on Exide Industries with a target price of Rs 234.

The current market price of Exide Industries is Rs 226.55.

Time period given by the analyst is 'Intra Day' when Exide Industries price can reach defined target.


Kunal Bothra recommended keeping a stop loss at Rs 215.

Exide Industries, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 18,865.75 Crore) operating in Auto Ancillaries sector.

The company’s top management includes Mr.A K Mukherjee, Mr.Arun Mittal, Mr.Bharat D Shah, Mr.G Chatterjee, Mr.Nawshir H Mirza, Mr.R B Raheja, Mr.Subir Chakraborty, Mr.Sudhir Chand, Mr.Vijay Aggarwal, Ms.Mona N Desai.
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Company has S R Batliboi & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 850,000,000 shares outstanding.
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