Exide Industries is currently trading at Rs 121.45, up by 0.20 points or 0.16% from its previous closing of Rs 121.25 on the BSE.
The scrip opened at Rs 121.55 and has touched a high and low of Rs 124.25 and Rs 120.60 respectively. So far 64846 shares were traded on the counter.
The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 166.30 on 19-Oct-2012 and a 52 week low of Rs. 115.35 on 08-Apr-2013.
Last one week high and low of the scrip stood at Rs 133.75 and Rs 120.00 respectively. The current market cap of the company is Rs 10293.50 crore.
The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 31.81% and 22.20% respectively.
Exide Industries is reportedly planning to sell 26% stake in life insurance business. The company for this, is in talks with Canada's Manulife Financial Corp and Samsung Life Insurance Company. The company has been looking for an equity partner in its life insurance business after Dutch banking and insurance group ING sold its 26% stake in the joint venture to the Indian partner in January.
Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. EIL is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
The scrip opened at Rs 121.55 and has touched a high and low of Rs 124.25 and Rs 120.60 respectively. So far 64846 shares were traded on the counter.
The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 166.30 on 19-Oct-2012 and a 52 week low of Rs. 115.35 on 08-Apr-2013.
Last one week high and low of the scrip stood at Rs 133.75 and Rs 120.00 respectively. The current market cap of the company is Rs 10293.50 crore.
The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 31.81% and 22.20% respectively.
Exide Industries is reportedly planning to sell 26% stake in life insurance business. The company for this, is in talks with Canada's Manulife Financial Corp and Samsung Life Insurance Company. The company has been looking for an equity partner in its life insurance business after Dutch banking and insurance group ING sold its 26% stake in the joint venture to the Indian partner in January.
Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. EIL is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
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