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Exide Industries Limited (NSE:EXIDEIND), a auto components company based in India, saw a decent share price growth in the teens level on the NSEI over the last few months. AsRead More...
In 1997, Exide Industries filed a lawsuit against Exide Technologies of the United States when the latter tried entering the Indian market, and both companies entered a prolonged legal battle that was heard by the Delhi High Court, which led to a 2012 verdict that Exide Industries was the legal owner of the Exide trademark in India.
Exide serves the industrial market with lead–acid and lithium-ion batteries [58] for motive power material handling , railroad, mining and submarine applications. [59] Exide also provides chargers and fast chargers for material handling applications, as well as modeling and real time monitoring products.
The NIFTY Next 50 is a stock market index provided and maintained by NSE Indices. It represents the next rung of liquid securities after the NIFTY 50. It consists of 50 companies representing approximately 10% of the traded value of all stocks on the National Stock Exchange of India. It is quoted using the symbol NIFTYJR. [2] [3]
It recently sported a price-to-earnings (P/E) of roughly four, and a forward-looking P/E of just six -- when the overall S&P 500 forward P/E is close to 14. Revenue is growing for the company, too ...
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The Economic Times estimate that the Indian stock market sees a bear market on average once every 3 years, similar to the US market. It uses the Nifty 50 index as a reference point and identifies eight 20% drops in the last 25 years. [57]
For the quarter ended Sep. 30 (Q2), Exide Technologies missed estimates on revenues and missed expectations on earnings per share. Compared to the prior-year quarter, revenue dropped and GAAP loss ...