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.
Market capitalisation of the company currently stands at Rs 10,412.50 crore.
Exide Ind stock price
On November 27, 2015, Exide Industries closed at Rs 148.40, down Rs 0.45, or 0.3 percent. The 52-week high of the share was Rs 206.50 and the 52-week low was Rs 136.35.
The company's trailing 12-month (TTM) EPS was at Rs 6.42 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 23.12. The latest book value of the company is Rs 47.44 per share. At current value, the price-to-book value of the company is 3.13.
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