#EXIDEIND
CMP - ₹.282
Leading manufacturers & traders of acid storage battery have operations all over the world. An undervalued company with good balance sheet and proven track record. Revenue and net profit increasing on QoQ. But net cash flow is negative. Stock is trading at its 52 week high now. Have strong resistance at 300-310 levels and support at 260-270 levels. Technically looking good at this point with an upward movement towards 500 .
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP - ₹.282
Leading manufacturers & traders of acid storage battery have operations all over the world. An undervalued company with good balance sheet and proven track record. Revenue and net profit increasing on QoQ. But net cash flow is negative. Stock is trading at its 52 week high now. Have strong resistance at 300-310 levels and support at 260-270 levels. Technically looking good at this point with an upward movement towards 500 .
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .