Exide Industries' Stock Price Sees 3.08% Increase, Continues to Lead Battery Industry

Jun 18 2024 11:50 AM IST
share
Share Via
Exide Industries, a leading battery company, saw a 3.08% increase in its stock price on June 18, 2024, reaching a new 52-week and all-time high of Rs. 560.65. Despite underperforming the sector, the company showed a strong performance with its stock trading above all its moving averages. Exide Industries has gained 3.96% in the battery sector, indicating a positive trend. Investors are advised to hold their positions in the company.

Exide Industries, a leading player in the battery industry, saw a 3.08% increase in its stock price on June 18, 2024. The stock call for the company by MarketsMOJO is 'Hold'. The stock touched a new 52-week and all-time high of Rs. 560.65 on the same day.

Despite underperforming the sector by -0.69%, Exide Industries showed a strong performance today with an intraday high of Rs. 560.65, a 3.4% increase. The company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the battery sector, Exide Industries has gained by 3.96%, indicating a positive trend in the industry. The company's 1-day performance of 3.08% has outperformed the Sensex's performance of 0.33%. Similarly, its 1-month performance of 17.34% has also surpassed the Sensex's performance of 4.38%.

Exide Industries has been a major player in the battery industry, providing reliable and high-quality products to its customers. With its recent stock price increase and positive performance in the sector, the company continues to be a strong contender in the market. Investors are advised to hold their positions in Exide Industries, as suggested by MarketsMOJO.
{{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