Buy Exide Industries, target Rs 245: Manas Jaiswal

Buy Exide Industries Ltd. at a price target of Rs 245.0 and a stop loss at Rs 225 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Exide Industries with a target price of Rs 245.

The current market price of Exide Industries is Rs 231.95.

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

Manas Jaiswal recommended to keep a stop loss at Rs 225.

Exide Industries, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 19,010.25 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 30-09-2017, the company has a total of 850,000,000 shares outstanding.
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