Feb 05, 2013, 03.37 PM | Source: Moneycontrol.com
Batteries supplier Exide Industries gained as much as 1.6 percent intraday on Tuesday on technical tie-up with Japan-Based company.
Exide entered into an additional technical license and assistance agreement with Shin-Kobe Electric Machinery Company (a part of Hitachi Group), to implement new manufacturing processes for automotive batteries.
At 15:27 hours IST, shares rose 0.78 percent to Rs 122.50 on Bombay Stock Exchange.
Market capitalisation of the company currently stands at Rs 10,412.50 crore.
Mitesh Thacker of miteshthacker.com is of the view
According to Mitesh Thacker of miteshthacker.com,
Net Sales are expected to decrease by 6.9 percent
Way2Wealth is bullish on Exide Industries has reco