Sunday, November 15, 2020

EXIDEIND | Stock to Buy | Price Outlook

 

Exide Ind

Stock/Share Price: 168


➽ In this article we will discuss recent development in the StockShare of EXIDEIND  in the Stock Market

Recent Key Strengths

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Strong Momentum: Price above short, medium and long term moving averages



Recent Weaknesses

Degrowth in Revenue and Profit

Declining Net Cash Flow : Companies not able to generate net cash

Major fall in TTM Net Profit



Technical Chart 



EXIDEIND stock slowly and gradually picking up the speed and the stock now is trading in an uptrend making higher high and higher low. 

So long position in the stock can be made for the upside level of 178 , 194 in the upcoming short term time period.



Recent Valuation Summary


Dividend Summary

For the year ending March 2020 Exide Industries has declared an equity dividend of 410.00% amounting to Rs 4.1 per share. At the current share price of Rs 169.40 this results in a dividend yield of 2.42%.

The company has a good dividend track report and has consistently declared dividends for the last 5 years.


Recent Financial Summary



Key Balance Sheet Summary



Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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