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Buy Exide Industries, target of Rs 88: Emkay
Published on Thu, Jun 26 at 12:17 , Updated at Thu, Jun 26 at 12:21
Source : moneycontrol.com
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Emkay Research has maintained its buy rating on Exide Industries with a target price of Rs 88 in its June 24, 2008 research report. "We have valued Exide Industries on sum of the parts basis. We value exide's core battery business at Rs 70 based on DCF valuation. We believe investment in ING Vysa Life insurance company to be value accretive and arrive at a value of Rs 18 for Exide's share in insurance joint venture. We maintain 'BUY' recommendation on the company at SOTP target price of Rs 88," says Emkay's research report. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. For further details click on attachment...... |
Attachments : Exide Industries Limited1. - Event Update 24-06-081.pdf |
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hi Dear, dividend credited in my account rs.200. i m holding 500 shares. 40% means rs.4/share or rs.0.40/share. ...
in Exide Industrie - jjhiren at 21-Aug-08 04:11
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nothing better could be ever expected he is the optimum limit ...
in Exide Industrie - Guest at 21-Aug-08 01:40
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