Exide Industries Faces Significant Stock Decline Amid Broader Battery Industry Challenges

Jan 27 2025 10:00 AM IST
share
Share Via
Exide Industries has faced a significant decline in stock performance, with consecutive losses over the past two days. The company's stock is trading below key moving averages, indicating a bearish trend. Additionally, Exide has underperformed compared to the Sensex, reflecting broader challenges in the batteries industry.
Exide Industries, a prominent player in the batteries sector, has experienced a notable decline in its stock performance today, with a loss of 3.09% as of January 27, 2025. This downturn aligns with broader trends in the batteries industry, which has seen an overall decrease of 2.68%. Over the past two days, Exide Industries has faced consecutive losses, totaling a decline of 6.01%.

The stock reached an intraday low of Rs 355.3, reflecting a drop of 3.75%. Furthermore, Exide Industries is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in its short to long-term performance.

In terms of comparative performance, Exide Industries has underperformed against the Sensex, with a one-day decline of 3.18% compared to the Sensex's decrease of 0.49%. Over the past month, the company's stock has fallen by 14.50%, significantly outpacing the Sensex's decline of 3.66%. These metrics highlight the challenges Exide Industries is facing in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News