Exide can go up to 190-200 levels: Rajen Shah, Angel Broking

Since Exide holds a stake in that venture, we might see some action. The stock could go up to about 190-200 levels. That would be a fair price for Exide.

| Updated: Jul 20, 2011, 02.39 PM IST

Rajen Shah, Chief Investment Officer, Angel Broking, in a chat with ET Now, gives his views on various stocks.

What is your view on Exide?

Exide should do well. The OEM is doing well. There is an article about this ING life insurance business valued at about Rs 2400 crores. Since Exide holds a stake in that venture, we might see some action. The stock could go up to about 190-200 levels. That would be a fair price for Exide.

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