Exide Industries Ltd., incorporated in the year 1947, is a Mid Cap company (having a market cap of Rs 16209.50 Crore) operating in Auto Ancillaries sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 4575.49 Crore, up 8.37 % from last quarter Total Income of Rs 4222.03 Crore and up 31.38 % from last year same quarter Total Income of Rs 3482.69 Crore. Company reported net profit after tax of Rs 320.01 Crore in latest quarter.
Investment Rationale
Price reacting lower after facing resistance at 50% retracement of recent decline.
Promoter/FII Holdings
Promoters held 46 per cent stake in the company as of March 31, 2021, while FIIs held 11.9 per cent, DIIs 24.6 per cent and public and others 17.5 per cent.
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